Factor Score at Each Location Factor Factor Weight Location 1 Location 2 Proximity to airport Proximity to road 40 3 30 4 1 access Proximity to labor 10 3 5 source Size of facility 20 4
Factor Score at Each Location Factor Factor Weight Location 1 Location 2 Proximity to airport Proximity to road 40 3 30 4 1 access Proximity to labor 10 3 5 source Size of facility 20 4
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
Related questions
Question
The owners of Speedy Logistics, a company that provides
overnight delivery of documents, are considering where to locate
their new facility in the Midwest. Th ey have narrowed their search
down to two locations and have decided to use factor rating to
make their decision. They have listed the factors they consider
important and assigned a factor score to each location based
on a fi ve-point scale. Th e information is shown here. Using the
procedure for factor rating, decide on the better location
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