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Operations Management
Factor Score at Each Location Location Location Location Factor Factor 2 3 Weight Proximity to work 5 1 10 Proximity to family Size of home 4 2 5 25 2 5 5 15 Transportation system 3 1 10 Neighborhood 3 2 20 Cost 2 4 20 5835

Factor Score at Each Location Location Location Location Factor Factor 2 3 Weight Proximity to work 5 1 10 Proximity to family Size of home 4 2 5 25 2 5 5 15 Transportation system 3 1 10 Neighborhood 3 2 20 Cost 2 4 20 5835

Practical Management Science
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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Sue and Joe are a young married couple who are considering
purchasing a new home. Th eir search has been reduced to three
homes that they both like, at diff erent locations. Th ey have
identifi ed the factors they consider important and assigned
a factor score to each location based on a 5-point scale. Th e
information is shown in the table.

(a) Construct a spreadsheet model to help Sue and Joe make
their decision. What is your recommendation?
(b) Construct a stacked column chart to illustrate the
alternatives.

Factor Score at Each Location Location Location Location Factor Factor 2 3 Weight Proximity to work 5 1 10 Proximity to family Size of home 4 2 5 25 2 5 5 15 Transportation system 3 1 10 Neighborhood 3 2 20 Cost 2 4 20 5835
Transcribed Image Text:Factor Score at Each Location Location Location Location Factor Factor 2 3 Weight Proximity to work 5 1 10 Proximity to family Size of home 4 2 5 25 2 5 5 15 Transportation system 3 1 10 Neighborhood 3 2 20 Cost 2 4 20 5835
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