A Detroit seafood restaurant is considering opening a second facility in the suburb of West Bloomfield. The table below shows its ratings of five factors at each of four potential sites. Which site should the owner, Lucy Lyu, select? Factor Affluence of local population Construction and land cost Traffic flow Parking availability Growth potential The best site in the suburb of West Bloomfield is Site 1 ▼, with an average weighted score of Site 2 Site 3 Weight 10 10 25 20 15 Site 4 Site 1 70 85 70 80 90 Site 2 Site 3 60 85 90 90 80 60 60 85 90 90 90 80 80 90 75 D Site 4 (round your response to two decimal places).
A Detroit seafood restaurant is considering opening a second facility in the suburb of West Bloomfield. The table below shows its ratings of five factors at each of four potential sites. Which site should the owner, Lucy Lyu, select? Factor Affluence of local population Construction and land cost Traffic flow Parking availability Growth potential The best site in the suburb of West Bloomfield is Site 1 ▼, with an average weighted score of Site 2 Site 3 Weight 10 10 25 20 15 Site 4 Site 1 70 85 70 80 90 Site 2 Site 3 60 85 90 90 80 60 60 85 90 90 90 80 80 90 75 D Site 4 (round your response to two decimal places).
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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