A clothing chain is considering two different locations for a new retail outlet. They have identified the four factors listed in thefollowing table as the basis for evaluation, and have assigned weights as shown. The manager has rated each location on eachfactor, on a 100-point basis, as shown under the respective columns for Barclay and Chester.Factor DescriptionAverage community incomeCommunity growth potentialAvailability of public transportationFactorWeight.40BarclayChester3020.254030.152020Labor costWhat is the score for Barclay?4.20103024.5010.00100.0027.0025.75

Answered: A clothing chain is considering two…

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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A clothing chain is considering two different locations for a new retail outlet. The organizationhas identified the four factors listed in the following table as the basis for evaluation, and it hasassigned weights as shown. The manager has rated each location on each factor, on a 100-pointbasis (higher scores are better), as shown under the respective columns for Barclay and Chester.FactorFactorDescription Weight Georgetown Biabou1Averagecommunityincome .40 75 702Communitygrowthpotential .25 60 803Availability ofpublictransportation .15 45 904 Labor cost .20 80 60i. Calculate the weighted score for each alternative location. ii. Which location should be chosen?
A clothing chain is considering two different locations for a new retail outlet. The organizationhas identified the four factors listed in the following table as the basis for evaluation, and it hasassigned weights as shown. The manager has rated each location on each factor, on a 100-pointbasis (higher scores are better), as shown under the respective columns for Barclay and Chester.FactorFactorDescription Weight Georgetown Biabou1Averagecommunityincome .40 75 702Communitygrowthpotential .25 60 803Availability ofpublictransportation .15 45 904 Labor cost .20 80 60i. Calculate the weighted score for each alternative location. ii. Which location should be chosen? Please answer section ii
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
Marilyn Helm Retailers is attempting to decide on alocation for a new retail outlet. At the moment, the firm has threealternatives—stay where it is but enlarge the facility; locate alongthe main street in nearby Newbury; or locate in a new shoppingmall in Hyde Park. The company has selected the four factorslisted in the following table as the basis for evaluation and hasassigned weights as shown:FACTOR FACTOR DESCRIPTION WEIGHT1 Average community income .302 Community growth potential .153 Availability of public transportation .204 Labor availability, attitude, and cost .35Helm has rated each location for each factor, on a 100-pointbasis. These ratings are given below:LOCATION FACTOR PRESENT LOCATION NEWBURY HYDE PARK1 40 60 502 20 20 803 30 60 504 80 50 50a) What should Helm do?b) A new subway station is scheduled to open across the street fromthe present location in about a month, so its third factor scoreshould be raised to 40. How does this change your answer?
A full-service restaurant is considering opening a new facility in a specific city. The table below shows its ratings of four factors at each of two potential sites. Factor Weight Gary Mall Belt Line Affluence of local population .20 30 30 Traffic flow .40 20 20 Parking availability .20 30 20 Growth potential .20 10 30 The score for Gary Mall is ________ and the score for Belt Line is ________. 90; 100 18; 120 34; 28 22; 24 none of these
The operations manager for Mile-High Lemonade narrowed the search for a new facility location to seven communities. Annual fixed costs (land, property taxes, insurance, equipment, and buildings) and variable costs (labor, materials, transportation, and variable overhead) are shown in Table.a. Which of the communities can be eliminated from further consideration because they are dominated (both variable and fixed costs are higher) by another community?b. Plot the total cost curves for all remaining communities on a single graph. Identify on the graph the approximate range over which each community provides the lowest cost. c. Using break-even analysis, calculate the break-even quantities to determine the range over which each community provides the lowest cost.
A manufacturer has decided to locate a new factory in northwestern United States to serve growing demand in that market. They have narrowed the potential sites down to two finalists, City A and City B. They have developed a list of important factors to consider in selecting a site, and rated each as shown in the following table. FACTOR CITY A CITY B Utility rates 98 114 Availability of skilled labor 82 75 Tax rates 38 38 Transportation 44 38 Proximity to suppliers 35 30 Quality of life 20 16 Based on this data, which city appears to be the better choice? multiple choice City A City B They are equally attractive There is insufficient information provided to answer this question
A manufacturer has decided to locate a new factory in northwestern United States to serve growing demand in the market. They have narrowed the potential sites down to two finalists, City A City B. they have developed a list of important factors to consider in selecting a site and rated each as shown in the following table. FACTOR CITY A CITY B Utility rates 95 118 Availability of skilled labor 75 75 Tax rates 42 39 Transportaion 45 38 Proximity to suppliers 35 34 Quality of life 22 16 a. Based on this data, which city appears to be the better choice? City B, or City A, b. Are they equally attractive or is there insufficient information provided to answer
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.
A clothing chain is considering two different locations for a new retail outlet. The organization has identified the four factors listed in the following table as the basis for evaluation, and it has assigned weights as shown. The manager has rated each location on each factor, on a 100-point basis (higher scores are better), as shown under the respective columns for Georgetown and Biabou. Calculate the weighted score for each alternative location. Which location should be chosen?
Saporito chain of restaurants offers Italian food. The management is evaluating three different locations for their new restaurant. The factors considered, factor ratings and factor score for each location are as tabulated below. Identify the best location for the proposed restaurant. Give reasons for your answer. # Factor Factor Ratings Location Factor Score Location 1 Location 2 Location 3 1 Appearance 20 5 3 2 2 Ease of expansion 10 4 4 2 3 Proximity to markets 20 2 3 5 4 Parking facilities 15 5 3 3 5 Ease of access 15 5 2 3 6 Competition 10 2 4 5 7 Labor supply 10 3 3 4
The Bakers Dozen Restaurant is considering opening anew location. It has considered many factors and identifi ed theones that are most important. Two locations are being evaluatedbased on these factors, using factor rating. Each location hasbeen evaluated relative to the factors on a five-point scale. Th esenumbers are shown here. Use factor rating to help the restaurantdecide on the better location.

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