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?

Given - Present set of weights - Cost of land factor weight = 0.5 Accessibility factor weight = 0.3…

Answered: 2. Garysburg Fire Rescue (GFR) is…

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...

See similar textbooks

Similar questions

don't use ai answer,i will 5 upvotes
Questions i. Calculate the weighted score for each alternative location. ii. Which location should be chosen?
The Bakers Dozen Restaurant is considering opening anew location. It has considered many factors and identifi ed theones that are most important. Two locations are being evaluatedbased on these factors, using factor rating. Each location hasbeen evaluated relative to the factors on a five-point scale. Th esenumbers are shown here. Use factor rating to help the restaurantdecide on the better location.
In deciding on where to locate their next grocery store, Publix narrowed it down to 3 locations (St. Augustine, the Airport area, or the Westside). They are using 2 criteria to make their decisions costs (with a weight of 70%) and customer base (with a weight of 30%). Each item was scored on a 10-point scale with 10 being the highest. St. Augustine rated a score of 4 for cost and 10 for customer base; the Airport area rated a score of 6 for cost and 5 for the customer base, and the Westside rated a score of 8 for cost and 2 for the customer base. __________ 2a. What is the computed mean score for each of the 3 locations? __________ 2b. Which location should be chosen based on the highest score?
3. Consolidated Refineries, headquartered in Houston, must decide among three sites for the construction of a new oil-processing center. The firm has selected the six factors listed below as a basis for evaluation and has assigned rating weights from 1 to 5 on each factor: Factor 1 2 3 4 5 6 Factor Name Proximity to port facilities Power source availability and cost Workforce attitude and cost Distance from Houston Community desirability Equipment suppliers in area Rating Weight 5 3 4 2 2 3 Management has rated each location for each factor on a 1- to 100-point basis. Factor Location A Location B Location C 1 100 80 80 2 80 70 100 3 30 60 70 4 10 80 60 5 90 60 80 6 50 60 90 a. Which site will be recommended based on total weighted scores? b. If location B's score for Proximity to port facilities was reset at 90, how would the result change? c. What score would location B need on Proximity to port facilities to change its ranking?
In location planning, environmental regulations, cost and availability of utilities, and taxes are: Question 15Answer A. regional/community factors. B. irrelevant. C. site-related factors. D. global factors. E. country factors.
- What is the weight-distance product for the center of gravity?
Location Score Factor (100 points each) Weight A B C Convenience 0.15 87 92 84 Parking facilities 0.20 73 83 93 Display area 0.18 90 89 96 Shopper traffic 0.27 90 90 93 Operating costs 0.10 85 89 88 Neighborhood 0.10 95 87 94 1.00 Click here for the Excel Data File a. Using the above factor ratings, calculate the composite score for each location. (Do not round Intermediate calculations. Round your final answers to 2 decimal places.) Location A Composite Score B C b. Determine which location alternative (A, B, or C) should be chosen on the basis of maximum composite score. Oc OB OA 13
Problem 8-10 Factor Initial cost Traffic Maintenance Dock space Neighborhood Location East #1 East #2 West Weight East #1 100 60 20 24 15 0 00 00 N West East #1 East #2 8 8 4 4 2 East #2 110 35 25 24 9 a. Using the above factor ratings, calculate the composite score for each location. West 110 35 Composite Score 25 13 11 b. Determine which location has the highest composite score:
c. A manufacturing firm is considering three potential locations for a new parts manufacturing facility. A consulting firm has assessed three sites based on the four factors supplied by management as critical to the location's success. Management-supplied the factor weights and the consultant team scores as seen in the table below. Scores are based on 50 = best. Location Factor Weight A B C Labor Climate 10 35 45 20 Taxes 30 30 40 40 Utilities 20 25 20 45 Wages 40 10 25 25 i. Which location should be selected and why?
Marilyn Helm Retailers is attempting to decide on a location for a new retail outlet. At the moment, the firm has three alternatives: stay where it is but enlarge the facility; locate along the main street in nearby Newbury; or locate in a new shopping mall in Hyde Park. The company has selected the four factors listed in the following table as the basis for evaluation and has assigned weights as shown: Factor Description Hyde Park Factor Weight Present Newbury Location 1 Average community 0.30 40 60 50 income Community growth potential 2 0.15 20 20 80 Availability of public transportation 0.20 30 60 50 Labor availability, attitude, and cost 4 0.35 80 50 50 a) Based on the given information, the best location for Marilyn Helm Retailers is to open the new retail outlet in with a total weighted score of 3.
Northeastern Insurance Company is considering opening an office in the U.S. The two cities under consideration are Philadelphia and New York. The factor ratings (higher scores are better) for the two cities are given in the following table. Factor Weight Philadelphia New York Customer convenience 0.25 70 80 Bank accessibility 0.20 40 90 Computer support 0.20 85 75 Rental costs 0.15 90 55 Labor costs 0.10 80 50 Taxes 0.10 90 50 Based on the given information, the best location for Northeastern Insurance Company to open the office is with a total weighted score of (Enter your response as a whole number.)

SEE MORE QUESTIONS

Recommended textbooks for you

Practical Management Science

Operations Management

ISBN:

9781337406659

Author:

WINSTON, Wayne L.

Publisher:

Cengage,

Operations Management

ISBN:

9781259667473

Author:

William J Stevenson

Publisher:

McGraw-Hill Education

Operations and Supply Chain Management (Mcgraw-hi…

Operations Management

ISBN:

9781259666100

Author:

F. Robert Jacobs, Richard B Chase

Publisher:

McGraw-Hill Education

Practical Management Science

Operations Management

ISBN:

9781337406659

Author:

WINSTON, Wayne L.

Publisher:

Cengage,

Operations Management

ISBN:

9781259667473

Author:

William J Stevenson

Publisher:

McGraw-Hill Education

Operations and Supply Chain Management (Mcgraw-hi…

Operations Management

ISBN:

9781259666100

Author:

F. Robert Jacobs, Richard B Chase

Publisher:

McGraw-Hill Education

Business in Action

Operations Management

ISBN:

9780135198100

Author:

BOVEE

Publisher:

PEARSON CO

Purchasing and Supply Chain Management

Operations Management

ISBN:

9781285869681

Author:

Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson

Publisher:

Cengage Learning

Production and Operations Analysis, Seventh Editi…

Operations Management

ISBN:

9781478623069

Author:

Steven Nahmias, Tava Lennon Olsen

Publisher:

Waveland Press, Inc.

SEE MORE TEXTBOOKS