CANDIDATE COUNTRY RATINGS KEY SUCCESS FACTOR WEIGHT TAIWAN THAILAND SINGAPORE Technology 0.2 1 Level of education 0.1 4 5 Political and legal aspects 0.4 Social and cultural aspects 0.1 4 2 3 Economic factors 0.2 3 2

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
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A company is planning on expanding and building a new plant in one of three Southeast Asian countries. Chris Ellis, the manager charged with making the decision, has determined
that five key success factors can be used to evaluate the prospective countries. Ellis used a rating system of I (least desi rable country) to 5 (most desirable) to evaluate each factor.                              a) Which country should be selected for the new plant?
b) Political unrest in Thailand results in a lower score, 2, for Political and legal aspects. Does your conclusion change?
c) What if Thailand's score drops even furthe r, to a I, for Political and legal aspects?                                                        
CANDIDATE COUNTRY RATINGS
KEY SUCCESS
FACTOR
WEIGHT TAIWAN THAILAND SINGAPORE
Technology
0.2
1
Level of education
0.1
4
5
Political and
legal aspects
0.4
Social and cultural
aspects
0.1
4
2
3
Economic factors
0.2
3
2
Transcribed Image Text:CANDIDATE COUNTRY RATINGS KEY SUCCESS FACTOR WEIGHT TAIWAN THAILAND SINGAPORE Technology 0.2 1 Level of education 0.1 4 5 Political and legal aspects 0.4 Social and cultural aspects 0.1 4 2 3 Economic factors 0.2 3 2
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