Problem 8-9 (Static)Location ScoreFactor(100 points each)WeightABConvenience0.158070Parking facilities0.207276Display area0.18889090Shopper traffic0.279486Operating costs0.109890Neighborhood0.109685182820C60928082751.00Click here for the Excel Data Filea. Using the above factor ratings, calculate the composite score for each location. (Do not round intermediate calculations. Roundyour final answers to 2 decimal places.)LocationCompositeScoreAB0

Using the weight and location score provided in the table, we have to find out the composite score…

Answered: Location Score Factor (100 points each)…

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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Define location analysis.
Maya ltd. wants to use the Centre of Gravity location technique to determine where to setup itsdistribution centre.Setup a numerical example that can be used to demonstrate to the owner of thecompany how the center of gravity technique can be used.
A food manufacturer wants to locate a warehouse to serve its major customers. The customers, annual volume and the X and Y coordinates are shown in the table below. Customer Annual Volume X Coordinate Y Coordinate Judy Inc 25 3 7 Zac Supermarket 13 5 2 Harry Inc 6 8 4 Sky Productions 4 1 5 Using the centre of gravity location technique, determine the location coordinates that will minimize the transportation costs for their family of products.
b. An operations manager has narrowed down the search for a new King Kola plant to three locations. Fixed and variable costs follow. Location Fixed Cost Variable Cost A $100,000 $10 B $150,000 $7 C $200,000 $5 600 Annual 500 Cost ($000) 400 300 200 100 6 8 10 14 16 18 20 0 (000s of units) i. Plot the total cost curves in the chart provided above and identify the range over which each location would be best. ii. Use break-even analysis to calculate exactly the break-even quantity that defines each range.
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
What is the fundamental distinction between a weighted average travelling and exponential smoothing?
Thanks for help !
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.
Q2k Audi is considering three locations A, B and C for the production of its new model SUV XL500. The objective is to choose the location with the lowest costs. The costs are measured as annual fixed costs plus the variable costs of the product. The following data has been collected for the three locations.< Region Fixed costs per year A B C 10 000 000 20 000 000 25 000 000 Variable cost per unit 1. at what level of production will C be the best choice? 2. at what production rate will A be the best choice? 3. at what level of production will B be the best choice? 2500 2000< 1000< The company's projected annual production in the new plant is 0-60 000 units.< Ask
Which type of location analytics help Travelers expedite the claim process after a diaster? Prescriptive Descriptive Predictive
Describe the centre of gravity method?
a. You are given the following information for the Limassol District: Population 2020 Population growth rate 2021 Population growth rate 2022 Average household size 2020 Average household size 2021-2022 Total housing stock 2020 Number of housing units in building permits that were issued in 2019 Number of housing units in building permits that were issued in 2020 248,500 1.6% 2.3% 2.68 2.61 99,869 1,980 1,210 Assuming that it takes two years from the date of the building permit issuance to complete a housing unit and making any other assumptions needed, calculate the difference between demand for and supply of housing at the end of 2022. Show clearly and explain all your calculations. Also, explain what the result of your calculations means in terms of the expected market situation in 2022 (equilibrium, excess demand or oversupply) and how house prices should move as aresult of this situation.

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