John and Jane Darling are newlyweds trying to decide among several available rentals. Alternatives were scored on a scale of 1 to 5 (5 = Best) against weightedperformance criteria, as shown in the table below. The criteria included rent, proximity to work and recreational opportunities, security and other neighborhoodcharacteristics associated with the couple values and lifestyle. Alternative A is an apartment, B is a bungalow, C is a condo and D is a downstairs apartment in Jane'sparents' home. Which location is indicated by the performance matrix?Factor Score for Each LocationLocation FactorFactor WeightAВD1. Rent2512. Quality of Life3. Schools203114534. Proximity to work5. Proximity to recreation6. Neighborhood security7. Utilities104515225215232210333Total100The weighted score for location A is(Enter your response as an integer.)

Weighted score will helps to identify the best decision based on the consideration of factor weight…

Answered: The weighted score for location A is

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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basis K- Pan American Refineries, headquartered in Houston, must decide among three sites for the construction of a new oil-processing center. The firm has selected the six factors listed below as a for evaluation and has assigned rating weights from 1 to 5 on each factor. Subhajit Chakraborty, the CEO, has rated each location for each factor on a 1 to 100 point basis. In the table below, the rating weights and the rating value for each of the locations on the factor are presented: Factor 1 2 3 4 5 6 Factor Description Proximity to port facilities Power-source availability and cost Workforce attitude and cost Distance from Houston Rating Weight 5 3 3 3 1 2 Location A Location B 70 70 85 75 50 65 75 60 55 10 100 50 Location C 80 100 75 60 85 90 Community desirability Equipment suppliers in area a) Based on the given information, the best location for Pan American Refineries is , with a total weighted score of. (Enter your response as an integer) b) If Location B's score for Proximity to…
Discuss the key factors that impact location decisions. As an example, if locating a facility in India, what location decisions would a fast-food chain have to consider as compared to the location decisions of a software company?
The fixed and variable costs for three potential manufacturing plant sites for a rattan chair weaver are shown: Site Fixed Cost Per Year Variable Cost per Unit 1 $600 $11.00 2 $1,000 $5.00 3 $2,100 $3.00 Part 2 a) After rounding to the nearest whole number, site 1 is best below 67 550 0 67 units. Part 3 After rounding to the nearest whole number, site 2 is best between 67 550 0 67 and 550 67 550 0 units. Part 4 After rounding to the nearest whole number, site 3 is best above 550 67 0 550 units. Part 5 b) If the demand is 57 units, then the best location for the potential manufacturing plant is SITE 1 SITE 3 SITE 2 SITE 1 .
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 Plot the total cost curves in a line chart and identify the range over which each location would be best.
Hyundai Motors is considering three sites—A, B, and C—at which to locate a factory to build its new-model automobile, the Hyundai Sport C150. The goal is to locate at a minimum-cost site, where cost is measured by the annual fixed plus variable costs of production. Hyundai Motors has gathered the following data: Site Annualized Fixed Cost Variable Cost per Auto Produced A $10,000,000 $2,600 B $20,000,000 $1,900 C $30,000,000 $1,100 The firm knows it will produce between 0 and 60,000 Sport C150s at the new plant each year, but, thus far, that is the extent of its knowledge about production plans. a) The value of volume, V, of production above which site C is recommended = nothing Sport C150s (round your response up to the next whole number). b) The value of volume, V, of production below which site A is…
Identify and clarify seven key factors affecting decision on the location?
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.
Hyundai Motors is considering three sites- A, B, and C- at which to locate a factory to build its new-model automobile, the Hyundai Sport CJSO. The goal is to locate at a minimum-costsi te, where cost is measured by the annual fixed plus variable costs of production. Hyundai Motors has gathered the following data: The firm knows it will produce between 0 and 60,000 Sport Cl50s at the new plant each year, but, thus far, that is the extent of its knowledge about production plans.a) For what values of volume, V, of production, if any, is site C a recommended site?b) What volume indicates site A is optimal?c) Over what range of volume is site B optimal? Why?
Which element of site selection is most likely to be more important to a service-oriented business than to a goods-oriented business? Group of answer choices a) Real estate cost b) Distance to suppliers c) Distance to customers d) Government incentives
Discuss recent trends in location and possible future strategies.

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