The table lists several goals that might be set by a restaurant chain. Indicate the level of each goal, with level 1 being the highest and level 4 being the lowest. We seek to expand by opening 150 new restaurant locations in the next 10 years. We seek to operate a chain of restaurants that prepares high-quality food on a timely basis for a reasonable price. We seek to provide a 14% or greater annualized return of investment for our shareholders. We seek to improve efficiency by implementing a new computerized payment system. Level 1 Level 2 O Level 3 Level 4 O

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter9: Decision Making Under Uncertainty
Section: Chapter Questions
Problem 46P
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The table lists several goals that might be set by a restaurant chain. Indicate the level of each goal, with level 1 being the highest and level 4 being
the lowest.
We seek to expand by opening 150 new restaurant locations in the next 10 years.
We seek to operate a chain of restaurants that prepares high-quality food on a timely basis for a
reasonable price.
We seek to provide a 14% or greater annualized return of investment for our shareholders.
We seek to improve efficiency by implementing a new computerized payment system.
Level
1
O
O
OO
Level
2
O
O
O O
Level
3
O
O
OO
Level
4
O
O
O O
Transcribed Image Text:The table lists several goals that might be set by a restaurant chain. Indicate the level of each goal, with level 1 being the highest and level 4 being the lowest. We seek to expand by opening 150 new restaurant locations in the next 10 years. We seek to operate a chain of restaurants that prepares high-quality food on a timely basis for a reasonable price. We seek to provide a 14% or greater annualized return of investment for our shareholders. We seek to improve efficiency by implementing a new computerized payment system. Level 1 O O OO Level 2 O O O O Level 3 O O OO Level 4 O O O O
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