nufacturin, considerin potential 1ocation new parts manufacturing facility. A consulting firm has assessed three sites based on the four factors supplied by management as critical to the location's success. The factor weights and the consultant team scores are given in table 5 below. Scores are based on 50 = best. Table 5 Location Weights 10 A B C ors r Climate 35 45 20 30 30 40 40 cies es 20 25 20 45 40 10 25 25 hich location should be selected? iii. Describe two factors that will affect the location decision of a supermarket and explain why these factors are important to the decision.
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- Small City currently has 1,020,000 square feet of office space, of which 765,000 square feet is occupied by 3,000 employees who are mainly involved in professional services such as finance, insurance, and real estate. Small City’s economy has been fairly strong in recent years, but employment growth is expected to be somewhat lower during the next few years, with projections of an increase of just 130 additional employees per year for the next three years. The amount of space per employee is expected to remain the same. However, a new 153,000 square foot office building was started before the recession and its space is expected to become available at the end of the current year (one year from now). No more space is expected to become available after that for quite some time. Required: a. What is the current occupancy rate for office space in Small City? b. How much office space will be absorbed each year for the next three years? c. What will the occupancy rate be at the end of each…As purchasing agent for Eynan Enterprises in Richmond, Virginia, you ask your buyer to provide you with a ranking of "excellent" (worth 4 points), "good" (3 points), "fair" (2 points), or "poor" (1 point) for a variety of characteristics for two potential vendors, Donna Inc. (D) and Kay Corp. (K). You suggest that "Products" total be weighted 0.4, the "Company" total be weighted 0.2, and the "Service" and "Sales" totals each be weighted 0.2. The buyer has returned the following ranking. Which of the two vendors would you select? Click the icon to view the rankings. Part 2 You should choose vendor ▼ Donna Inc. Either Kay Corp. or Donna Inc. Kay Corp. , with a weighted score of ________. (Enter your response rounded to one decimal place.)How did you find the solutions in the table for the range of optimality for the profit coefficient?
- A farmers' cooperative association plans to build a new sugar mill in Georgetown. Theprimary objective of the mill is to provide the farmers with a place to take their crop forprocessing that will reduce their transportation costs. The members of the co-op believe thatthe center-of-gravity method is appropriate for this objective. While there are over 200 sugarcane farms in the region, they are tightly clustered around six villages. Using the data below,use the center-of-gravity method to calculate the coordinates of the best location for this mill.All mileage references use Browns Town as (0,0).VillageMiles East ofBrowns TownMiles North ofBrowns TownSugar CanetonnageBarney Valley 90 10 240,000Blue Pasture 140 60 320,000Congo Valley 20 70 450,000Bower 50 20 120,000Rabacca 100 80 60,000Salem 10 120 140,000The Times-Picayune is searching for an ideal spotting station for the morning paper. The table below shows potential neighborhoods, their location on an XY grid of the city, and typical morning volume. What is the location that will minimize the transportation costs for the newspaper? Customer Annual Volume X-Coordinate Y-Coordinate Florida 255 6 4 Desire 150 7 6 Lafitte 235 2 4 Iberville 450 2 6 Guste 175 2 6 CJ Peete 255 1 4 Group of answer choices Near (3.0, 5.0) Near (2.8, 4.8) Near (2.5, 5.4) Near (2.8, 5.2)Dillon DeMarco is considering opening a small Italian bakery in the nearby mall, close to the Italian section of the city. He has chosen a good location where he believes there will be interest in the bakery. However, Dillon is unsure how much interest there will be and is trying to decide whether to open a small, medium or large shop. It really depends on what the economy is like in the next year whether people are able to spend their money on his Italian delicacies. Based on the latest financial reports, there is a 20%20% probability for a strong economy, 30%30% probability for an average economy and 50%50% probability for a bad economy. The potential payoffs for a small, medium or large shop for a given year are shown in the decision table. Decision Table State of Nature Alternatives Strong Economy Average Economy Bad Economy Small Shop 20,00020,000 18,00018,000 30,00030,000 Medium Shop 45,00045,000 50,00050,000 45,00045,000 Large Shop 85,00085,000 64,00064,000…
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- The Dutch Caribbean destination of Saba is 5 squaremiles is size with a population of 1, 915 people. English and Dutch are the official languages ofSaba. Saba has a number of inns, hotels, rentalcottages and restaurants. Saba is a volcanic islandand is known for its ecotourism, amazing scubadiving, climbing and hiking. The Dutch territories ofSt. Eustatius and St. Maarten as located close by. Both destinations are accessible from Saba by flightand also by ferry service to St Maarten The Minister of Tourism has asked you as the Director of Tourism to prepare a response as towhether Saba should promote Domestic Tourism orparticipate in a joint package/promotion witheither St. Maarten or St. Eustatius,You are deciding between two alternatives to build a facility between two different locations based on the estimated profitability it will generate the first year minus the investment cost. Building in location A will cost $1.1M and there is a 30% chance the workforce will generate $1M in profit, 50% chance it will generate $1.2M in profit and 20% chance it will generate $1.4M in profit. Location B will cost $1.7M and there is a 35% chance the workforce will generate $1.3M in profit, a 40% chance it will generate $1.7M in profit and a 25% it will generate $1.9M in profit. What decision will you recommend based on a decision tree analysis of these alternatives?Dwayne Whitten, president of Whitten Industries, is considering whether to build a manufacturing plant in north Texas. His decision is summarized in the following table: Alternatives Favorable Market Unfavorable Market Build large plant $400,000 −$300,000 Build small plant $120,000 −$15,000 Don't Build $0 $0 Market Probability 0.40 0.60 a) The correct decision tree for Dwayne is shown in Figure ____ (all payoffs are in thousands). b) To maximize the return, Dwayne's decision should be to ______ . c) For Dwayne, the expected value of perfect information (EVPI) = $___________ (enter your answer as a whole num