Practical Operations Management
2nd Edition
ISBN: 9781939297136
Author: Simpson
Publisher: HERCHER PUBLISHING,INCORPORATED
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Chapter 8, Problem 19P
Summary Introduction
Interpretation: The factor rating needs to be determined based on the given information
Concept Introduction: The factor rating analysis is a method that helps in comparing the different projects based on the assigned weights which reflects the importance given to the factors.
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Students have asked these similar questions
The following table shows the fixed cost and variable cost for 3 locations. Construct cost curves for these 3 locations for production from 0 to 200 units at 20 units intervals. What would be the range of production units that would give Location A a competitive advantage? What would be the range for Location B and Location C, respectively?
The Davis national drugstore chain prefers to operate one outlet in a town that has four major market segments. The number of potential customers in each segment, along with the coordinates are as follows:
Location
Market
Coordinates
Number of
Segment
x
y
Customers
1
5
22
2,200
2
17
20
300
3
5
3
1,400
4
10
3
3,000
Find the best location using the Center of Gravity Excel template. Round your answers to two decimal places.
Cx: ____________Cy: ______________
ABC is a small chain of stores specializing in casual
cotton clothing. The co. currently has 5 stores and
wants to open a new one in one of 3 locations. Five
factors are being considered for this decision. The
weights and scores assigned by a hired consultant
are as follows;
Location factor
College proximity
Median income
Vehicle traffic
Mall quality & size
Proximity to shopping
Weight
0.30
0.25
0.25
0.10
0.10
Scores (0 to 100)
Mall 1 Mall 2 Mall 3
90
65
79
80
50
40 60
75 80
60
90
90
100
80
30
Required
Given that all the sites have basically the
same leasing costs and labor and
operating costs, advice ABC on where to
locate the new store.
Chapter 8 Solutions
Practical Operations Management
Ch. 8 - Prob. 1DQCh. 8 - Prob. 2DQCh. 8 - Prob. 3DQCh. 8 - Prob. 1PCh. 8 - Prob. 2PCh. 8 - Prob. 3PCh. 8 - Prob. 4PCh. 8 - Prob. 5PCh. 8 - Prob. 6PCh. 8 - Prob. 7P
Ch. 8 - Prob. 8PCh. 8 - Prob. 9PCh. 8 - Prob. 10PCh. 8 - Prob. 11PCh. 8 - Prob. 12PCh. 8 - Prob. 13PCh. 8 - Prob. 14PCh. 8 - Prob. 15PCh. 8 - Prob. 16PCh. 8 - Prob. 17PCh. 8 - Prob. 18PCh. 8 - Prob. 19PCh. 8 - Prob. 20PCh. 8 - Prob. 21PCh. 8 - Prob. 22PCh. 8 - Prob. 23PCh. 8 - Prob. 24PCh. 8 - Prob. 25PCh. 8 - Prob. 26PCh. 8 - Prob. 27PCh. 8 - Prob. 28PCh. 8 - Prob. 29PCh. 8 - Prob. 1.1QCh. 8 - Prob. 1.2QCh. 8 - Prob. 1.3QCh. 8 - Prob. 1.4QCh. 8 - Prob. 2.1QCh. 8 - Prob. 2.2QCh. 8 - Prob. 2.3QCh. 8 - Prob. 3.1QCh. 8 - Prob. 3.2QCh. 8 - Prob. 3.3QCh. 8 - Prob. 3.4Q
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- What would be the important location factors that McDonald’s might consider before opening a new restaurant?arrow_forwardDevelop a network showing the origin nodes, destinations, arcs, cost per arc, supply, and demand. Match the correct answer to each question. Warehouse A B C D City E City F City G City H Warehouse Supply. 0.51 0.21 0.52 0.41 4000 Question 1 0.31 Question 2 0.56 0.43 0.35 0.41 0.28 City Demand 4,400 3,000 6,500 4,700 Match the correct answer to the following questions: 1. What is the supply constraint for Warehouse D? 2. What demand constraint for City H? 0.32 0.54 0.33 4000 0.54 0.34 0.52 6300 6000 [Choose ] [Choose ] > >arrow_forwardWhich of the following is not one of the four options available in location planning? Group of answer choices Do nothing Expand an existing facility Renovate an existing facility Add new locations while retaining existing facilities Shut down one location and move to anothearrow_forward
- General locational factors influencing plant location include controllable and uncontrollable factors for all types of organisations. Suppose you are planning for any manufacturing or service facility (determine it), mention the most important controllable locational factors and explain the influence of each of them on your determined facility.arrow_forwardWhat role does real estate market analysis play in determining the feasibility of specific locations for businesses?arrow_forward4) What advantages and disadvantages does the one-sided type location of town- forming objects have in comparison with the alternate type location of town- forming objects?arrow_forward
- Identify three important factors that a location planner may consider with respect to each of the following: A super-specialty intensive care unit An automobile manufacturing unitarrow_forwardOn the cost- volume analysis chart where the costs of two or more location alternatives have been plotted, the quantity at which two cost curves cross is the quantity at which:a) fixed costs arc equal for two alternative locations.b) variable costs are equal for two alternative locations.c) total costs are equal for all alternative locations.d) fixed costs equal variable costs for one location.c) total costs are equal for two alternative locations.arrow_forwardA location analysis has been narrowed down to two locations, A and B. The main factors in the decision will be supply of raw materials, which has a weight of .50, transportation cost, which has a weight of 0.4, and labour cost, which has a weight of .10. The ratings for raw materials, transportation, and labour are for A-60, 80, and 70, respectively; for B-70, 50, and 90, respectively. Given this information and a minimum acceptable composite score of 75, we can say that the manager should: options: choose location B none of the choices reject both locations choose location A be indifferent between these locationsarrow_forward
- 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. 4.7arrow_forwardMcDonald's is about to open a new store. Three locations are under consideration, with possible outcomes (depending on demand) as shown in the table to the right. small medium large Low 45 20 -20 Demand Moderate 60 65 50 Answer the following 4 (four) questions. Using the Laplace criterion, which location is best? Using the minimax regret criterion, which location is best? Using the maximin criterion, which location is best? Using the maximax criterion, which location is best? High 75 100 150 A. large B. small C. small or medium (both are equivalent) D. medium large (both are equivalent) E. medium 분arrow_forwardA manager must decide between two location alternatives, Boston and Chicago. Boston would have annual fixed costs of $70000, transportation costs of $60 per unit, and labor and material costs of $200 per unit. Chicago would have annual fixed costs of $90000, transportation costs of $40 per unit, and labor and material costs of $170 per unit. Revenue will be $300 per unit. 1. Which alternative would yeild the higher profit for an annual demand of 3000 units? 2. Would the two locations yeild the same profit at a certain volume? If so, at what volume would that be?arrow_forward
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