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.
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
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...
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