6. Company X wanted to make a pre-assessment before choosing the final location for their newproduction facility by first surveying internally and then making some field analysis. For the twoalternatives that they have following table contains all the important criteria, their weights andthe scores of each candidate location. Please finish the calculation and indicate which one is thepreferred option.Factors/CriteriaProximity to raw materialTraffic volumeRental costsSizeLayoutOperating costsWeight0,20,050,40,050,150,15Alt. 11008070864080Alt. 2608090927090

Weighted factor model, in which the procedure of making WFM concerns developing preset criteria…

Answered: 6. Company X wanted to make a…

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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Similar questions

Discuss why quality of life issues should be considered in the facility location decisions ?
A manager has received an analysis of several cities being considered for a new officecomplex. The data (10 pts maximum) are as follows:Location AlternativesFactors A B CBusiness Service 7 6 6Community Services 5 6 7Real Estate Cost 5 8 7Construction Cost 6 7 6Cost of Living 2 7 8Taxes 6 5 4Transportation 7 7 8a. If the manager weights the factors equally, how would the locations stack up in terms of their composite factor rating scores?b. If business services and construction costs are given weights that are double the weights of the other factors, how would the locations stack up
This is about Operations Management problems. I want to know these problem's solutions. (No. 14- 19) I attached images of those Thank you.
A manager received an analysis of several cities being considered for a new office complex. The data (10 points maximum) are as follows: Factor Business services Community services Real estate cost Construction costs Cost of living Taxes Transportation A с Thus, Location Score A A B с Thus, 17 17 17 8 6 4 3 2 8 9 B 6 6 Click here for the Excel Data File a. If the manager weights the factors equally, how would the locations stack up in terms of their composite factor rating scores? 8 7 7 19 19 19 5 7 is/are the best. C 6 7 7 6 8 b. If business services and construction costs are given weights that are double the weights of the other factors, how would the locations stack up? is/are best and 4 8 is/are least desirable.
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?
Decision factors Amazon might consider before choosing a city to locate their new Headquarters - Please explain each factor in detail. Cost-Effective land Skilful labours residing nearby to Headquarters. Potential for growth Demographic Accessibility and Parking Proximity to other businesses and services Building's infrastructure Competition
During a major expansion in 2004, Douwalla’s Import Company developed a new processing line for which the delivered equipment cost was $1.75 million. This year, the board of directors decided to expand into new markets and expects to build the current version of the same line. Estimate the cost if the following factors are applicable: construction cost factor is 0.20, installation cost factor is 0.50, indirect cost factor applied against equipment is 0.25, and the total plant cost index has risen from 2509 to 3713 over the years.
- What is the weight-distance product for the center of gravity?
Problem 8-4 (Algo) A company that produces pleasure boats has decided to expand one of its lines. Current facilities are insufficient to handle the increased workload, so the company is considering three alternatives, A (new location), B (subcontract), and C (expand existing facilities). Alternative A would involve substantial fixed costs but relatively low variable costs: fixed costs would be $285,000 per year, and variable costs would be $570 per boat. Subcontracting would involve a cost per boat of $2,570, and expansion would require an annual fixed cost of $59,000 and a variable cost of $1,040 per boat. a. Find the range of output for each alternative that would yield the lowest total cost. (Leave no cells blank - be certain to enter "0" wherever required. Round your answers to the nearest whole number.) A B с Answer is not complete. or to to more b. Which alternative would yield the lowest total cost for an expected annual volume of 70 boats? C. What other factors might be…
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.
Consider the following information about sites A, B, and C: Site A B C FC (annual) $100.000 $120.000 $150.000 VC (per unit) $10 $8 $7 For what quantity would you be indifferent between selecting site A or site B?
Determine which location has the highest composite score:

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