P1 p2 Problem 1:Using the following factor ratings, determine which locationalternative should be chosen on the basis of maximumcomposite score, A, B, or C.Factor(100 points each)ConvenientParking facilities.Display areaShopper trafficOperating costsNeighborhoodASSIGNMENTLocationABсDEWeight0.15 800.20720.18 880.27 940.1098960.101.00X384mA46ASSIGNMENTProblem 2:A toy manufacturer produces toys in five locations throughout thecentury. Raw materials (primarily barrels of powdered plastics) willbe shipped from a new, centralized warehouse whose location isto be determined. The monthly quantities to be shipped to eachlocation are the same. A coordinate system has been established,and coordinates of each location have been determined asshown. Determined the coordinates of the centralized warehouse.LOCATIONBy72614707690869085609290808275C

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Answered: Problem 1: Using the following factor…

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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Problem 8-1 A newly formed firm must decide on a plant location. There are two alternatives under consideration: locate near the major raw materials or locate near the major customers. Locating near the raw materials will result in lower fixed and variable costs than locating near the market, but the owners believe there would be a loss in sales volume because customers tend to favor local suppliers. Revenue per unit will be $181 in either case. Omaha Kansas City Annual fixed costs ($ millions) $ 1.0 $ 1.1 Variable cost per unit $ 32 $ 47 Expected annual demand (units) 9,225 10,775 Using the above information, determine which location would produce the greater profit. (Omit the "$" sign in your response.) (Click to select) Kansas City Omaha would produce the greater gross profit of $ .
Maya ltd. wants to use the Centre of Gravity location technique to determine where to setup itsdistribution centre.I. What is the main objective of using this technique? II. What information will be needed in order to use this technique? III. Setup a numerical example that can be used to demonstrate to the owner of thecompany how the technique can be used. IV. Use the numerical example set up above to demonstrate how the centre of gravitylocation technique is used.
3. 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 a- What would be the best locationb- If the wights of weather and regulation be divided that the weatherwould be double of the regulations, what would be the best location
Accel Express, Inc., collected the following information onwhere to locate a warehouse (1 = poor, 10 = excellent): a. Which location, A or B, should be chosen on the basis ofthe total weighted score? b. If the factors were weighted equally, would the choicechange?
a. ABC Ltd. Wants to choose the best location for its new aluminum plant. The manager ofproductions and operations has three possible locations to choose from. His assistantrecommends that he use break-even analysis location technique to help determine whichlocation is best based on costs. I. Design a numerical example in order to demonstrate to the Productions andOperations Manager how break-even analysis can be used in this case. II. Demonstrate to the OM manager how to go about choosing the best location using thenumerical example you designed above. b. The staff training centre of a telecommunications company provides training for itsregional employees every year. The capacity of the training centre was designed to train1,800 employees per year. Due to the complexity of the programmes, the mostemployees that centre can train per year is 1,400. In the past year, 1,350 employees wereMGMT2026 Production and Operations Managementtrained. Calculate:-i. The efficiency rate of the…
Problem 8-11 A manager has received an analysis of several cities being considered for a new office complex. The data (10 points maximum) are as follows: Location Score Factor A B C Business services 8 6 6 Community services 7 6 7 Real estate cost 3 8 7 Construction costs 5 8 7 Cost of living 3 7 8 Taxes 5 5 4 Transportation 6 7 8 a. If the manager weights the factors equally, how would the locations stack up in terms of their composite factor rating scores? A / 7 B / 7 C / 7 Thus, (Click to select) A B C B and C A and B is the best. 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? A / 9 B / 9 C / 9 Thus, (Click to select) A B C A and B B and C is best and (Click to select) A B C A and B B and C…
4.8 We Rescue, Inc., a firm providing nationwide ambulance services, intends to expand its service range through a new branch in the suburbs of the mid-Atlantic region. Th e data were gathered to evaluate three different possible sites, Suburb A, Suburb B, and Suburb C, for the new location. The data include factor ratings, minimum satisfactory level, and importance rankings of each factor (attribute), as shown in Table EX 4.8. Attribute (factor) Weight Suburb A Suburb B Suburb C Satisfaction level Importance Ranking Contracting and Land Cost 0.1 65* 76 45 70 3 Labor Availability and cost 0.15 50 65 60 65 5 Transportation and road network 0.15 60 70 75 80 4 Supplier/ Support Service companies 0.13 75 60 65 85 6 Average time per Emergency trip 0.22 95 75 70 95 2 Accessibility to hospital 0.18 85 80 65 90 1 Employee preference 0.07 60 50 55 75 7 Total 1.00…
What are the three steps to locational cost–volume analysis?
ABC Ltd. Wants to choose the best location for its new aluminum plant. The manager ofproductions and operations has three possible locations to choose from. His assistantrecommends that he use break-even analysis location technique to help determine whichlocation is best based on costs. Assuming: Total fixed cost = 80,000 Price per unit= 20 AVC (Average variable cost) = 40 Break-even point= Total fixed cost / (AVC-Price per unit) Break-even point = 80,000/ (40-20) Break-even point = 4,000 1) Demonstrate to the OM manager how to go about choosing the best location using thenumerical example designed above.
Dobb's Ltd Wants to choose the best location for its new aluminum plant. The manager ofproductions and operations has three possible locations to choose from. His assistantrecommends that he use break-even analysis location technique to help determine whichlocation is best based on costs. Assuming: Total fixed cost = 80,000 Price per unit= 20 AVC (Average variable cost) = 40 Break-even point= Total fixed cost / (AVC-Price per unit) Break-even point = 80,000/ (40-20) Break-even point = 4,000 1) Demonstrate to the OM manager using graph how to go about choosing the best location using thenumerical example designed above.
Considering the following data:Location Alternatives(scored out of 100 pts each)Factors Weights A B CConvenience 0.15 86 85 78Parking Facilities 0.20 78 78 92Display Area 0.18 90 89 90Shopper Traffic 0.27 91 92 85Operating Costs 0.10 98 95 90Neighborhood 0.10 88 91 85a. Using the above factor ratings, calculate the composite score for each location.b. Determine which location alternative (A, B, or C) should be chosen on the basisof the maximum composite score.
1. A newly formed firm must decide on a plant location. There are two under consideration: locate near the major raw materials or locate near the major customers. Locating near the raw materials will result in lower fixed and variable costs compared to locating near the market, but the owners believe there would be a loss in sales volume because customers tend to favor local suppliers. Revenue per unit will be $170 in either case. Using the following information, determine which location would produce the greater profit. Omaha Kansas City Annual fixed costs ($ millions) $ 0.9 $1.0 Variable Cost Per Unit $ 20 $ 35 Expected annual demand (units) 9,400 10,000 Using the above information, determine which location would produce the greater profit. ________would produce the greater gross profit of _____________

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