Title: Location Analysis Decision-MakingA location analysis has been narrowed down to two locations, A and B. The main factors in the decision will be the supply of raw materials, which has a weight of 50, and labor cost, which has a weight of 50. The ratings for raw materials and labor are: for A, 3 and 4, respectively; for B, 5 and 3, respectively. Using the factor rating method, the manager should ____________________.Options:- reject both locations- determine the capacity before deciding- choose location A- choose location B**Explanation**:To apply the factor rating method, multiply each factor's rating by its weight and add them for each location. This will assist in identifying the optimal location based on the given criteria and weights.

Answered: A location analysis has been narrowed…

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

The following table shows the fixed cost and variable cost for 3 locations. Construct cost curves for these 3 locations for production from 0 to 200 units at 20 units intervals. What would be the range of production units that would give Location A a competitive advantage? What would be the range for Location B and Location C, respectively?
A company desires to locate a new facility. Based on preliminary analysis, thechoice has been reduced to four locations: A, B, C, and D. These four locationswere rated on a scale from 1 worst to 10 best on each of four criteria. Eachcriterion was also weighted to indicate its importance (i.e., the higher theweight, the more important). The list of ratings and weights follows THE TABLE ATTACHED b- If the wights of weather and regulation be divided that the weatherwould be double of the regulations, what would be the best location. Please can you give me an answer with explanation.
On the cost–volume analysis chart where the costs of twoor more location alternatives have been plotted, the quantity at which two cost curves cross is the quantity at which:a) fixed costs are equal for two alternative locations.b) variable costs are equal for two alternative locations.c) total costs are equal for all alternative locations.d) fixed costs equal variable costs for one location.e) total costs are equal for two alternative locations.
Identify some of the main reasons organizations need to make location decisions.
Explain the consequences of poor location decisions for abusiness.
Describe a good and bad location decision example ?
Silky Industries is looking for a location for its second telephone remanufacturing facility. Two cities are under consideration. The two most important location factors are: Factor A "availability of resources" and Factor B "availability of customers." However, the company is having great difficulty assigning relative weights to these factors. Assuming that the factor weights must sum to 100, what range of weights would make Blake the superior location? E Click the icon to view the factors table. The total weighted factor scores are the same for the following weights: Factor A=O and Factor B =D. As the weight of Factor B becomes Blake will be the superior location. (Enter your responses as whole numbers.) More Info Factor Score for Each Location Factor City Factor Weight Blake Irmo A. Availability of resources B. Availability of customers Total 8 10 9 6. 100 Print Don
Daniel Tracy, owner of Martin Manufacturing, must expand by building a new factory. The search for a location for this factory has been narrowed to four sites: A, B, C, or D. Thefollowing table shows the results thus far obtained by Tracy by using the factor-rating method to analyze the problem. The scale used for each factor scoring is I through 5. a) Which site should Tracy choose?b) If site D 's score for Energy costs increases from a 3 to a 5, do results change?c) If site A's Weather score is adj usted to a 4, what is the impact? What should Tracy do at this point?
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.
Alternative locations for a new drinking water treatment plant are being evaluated using four attributes identified as A, B, C, and D with weightsof 0.4, 0.3, 0.2, and 0.1, respectively. If the value rating scale is from 1 to 10, the evaluation measure of the weighted attribute method for ratings of 3,7, 2 and 10 for attributes A, B, C, and D, respectively, is closest to:a. 3.3b. 3.9c. 4.1d. 4.7
Microserve provides computer repair service on a contract basis to customers in five sections of the city. The five sections, the number of service contracts in each section, and the x and y coordinates of each section are as follows: Section Parkview Mt. Airy Valley Norwood Southgate No. of Contracts 90 220 60 3.4 14.2 290 17.7 160 14.0 Use the center-of-gravity method to determine an ideal location for a service center. Round your answers to two decimal places. Cx: Cy: Choose the correct graph representing the center of gravity. The correct graph is -Select- v A. C. Center of Gravity 20 Y- Coordinate y- 16- 12- 8 4+ 20- 16- 12 ● ● • 12 x- Coordinate Center of Gravity y- Coordinate: 16 ● B. D. -20+ -16- 12 8+ 20 16- 12 Center of Gravity y- Coordinate 8 12 x- Coordinate Center of Gravity y- Coordinate ● 16 Coordinates X Y 6.2 11.9 4.2 5.3 4.4 10.9

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