2. Garysburg Fire Rescue (GFR) is considering three different locations for a new fire station. Using factor rating, GFR has created the following table. When rating these locations, GFR used a 5- point scale, where 1 means unfavorable and 5 means excellent. (Noteshaper Scenario #26) Factor Weight Location 1 Location 2 Location 3 Cost of land 0.5 4 1 1 Accessibility Size of Land 0.3 2 2 4 0.2 1 3 3 a. Which of the following statements are true and which are false? 1. The cost of the available land parcel is of the greatest importance in this analysis. II. Location 2 has better accessibility than location 3. GFR considers the size of the available land parcel to be the least important II. factor.

Practical Management Science
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Author:WINSTON, Wayne L.
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Chapter2: Introduction To Spreadsheet Modeling
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2. Garysburg Fire Rescue (GFR) is considering three different locations for a new fire station. Using factor rating, GFR has created the following table. When rating these locations, GFR used a 5-point scale, where 1 means unfavorable and 5 means excellent. (Noteshaper Scenario #26)

| Factor          | Weight | Location 1 | Location 2 | Location 3 |
|-----------------|--------|------------|------------|------------|
| Cost of land    | 0.5    | 4          | 1          | 1          |
| Accessibility   | 0.3    | 2          | 2          | 4          |
| Size of Land    | 0.2    | 1          | 3          | 3          |

a. Which of the following statements are true and which are false?
I. The cost of the available land parcel is of the greatest importance in this analysis.
II. Location 2 has better accessibility than location 3.
III. GFR considers the size of the available land parcel to be the least important factor.
Transcribed Image Text:2. Garysburg Fire Rescue (GFR) is considering three different locations for a new fire station. Using factor rating, GFR has created the following table. When rating these locations, GFR used a 5-point scale, where 1 means unfavorable and 5 means excellent. (Noteshaper Scenario #26) | Factor | Weight | Location 1 | Location 2 | Location 3 | |-----------------|--------|------------|------------|------------| | Cost of land | 0.5 | 4 | 1 | 1 | | Accessibility | 0.3 | 2 | 2 | 4 | | Size of Land | 0.2 | 1 | 3 | 3 | a. Which of the following statements are true and which are false? I. The cost of the available land parcel is of the greatest importance in this analysis. II. Location 2 has better accessibility than location 3. III. GFR considers the size of the available land parcel to be the least important factor.
The image contains the following text:

b. According to the analysis above, where will GFR locate the new fire station?

c. Suppose Ms. Meera, a manager at GFR, said that the current weights given to the factors in the table above were wrong. She believes they should be 0.2 for Cost of land, 0.6 for Accessibility, and 0.2 for Size of Land. Given the new set of weights where should GFR locate the new fire station?
Transcribed Image Text:The image contains the following text: b. According to the analysis above, where will GFR locate the new fire station? c. Suppose Ms. Meera, a manager at GFR, said that the current weights given to the factors in the table above were wrong. She believes they should be 0.2 for Cost of land, 0.6 for Accessibility, and 0.2 for Size of Land. Given the new set of weights where should GFR locate the new fire station?
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