Practical Operations Management
2nd Edition
ISBN: 9781939297136
Author: Simpson
Publisher: HERCHER PUBLISHING,INCORPORATED
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Chapter 8, Problem 20P
Summary Introduction
Interpretation: The factor rating score 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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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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Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, operations-management and related others by exploring similar questions and additional content below.Similar questions
- 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.arrow_forwardThe fixed and variable costs for three potential manufacturing plant sites for a rattan chair weaver are shown: Site Fixed Cost Per Year Variable Cost per Unit 1 $800 $10.00 $5.00 $4.00 $1,100 3 $2,100 a) Afteř rounding to the nearest whole number, site 1 is best below V units. After rounding to the nearest whole number, site 2 is best between V and V units. After rounding to the nearest whole number, site 3 is best above V units. b) If the demand is 1010 units, then the best location for the potential manufacturing plant isarrow_forwardAccel Express, Inc., collected the following information on where to locate a warehouse (1 = poor, 10 = excellent): Location Score Location Factor Factor Weight A B Construction costs 10 8 5 Utilities available 10 7 7 Business services 10 4 7 Real estate cost 20 7 4 Quality of life 20 4 8 Transportation 30 7 6 a. Which location, A or B, should be chosen on the basis of the total weighted score?b. If the factors were weighted equally, would the choice change?arrow_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_forwardHow do service facility location decisions differ from industrial location decisions in terms of the techniques used to analyze them?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
- When an organization is determining a location choice, what sustainability issues should it consider? What ethical issues should be considered?arrow_forwardThe Zhao family of Atlanta, Georgia, is planning its annual summer vacation. Three vacation locations along with criteria weights and location ratings follow. What is the recommended vacation location? Criteria Travel distance Vacation Entertainment available Outdoor activities Unique experience Family fun O Myrtle Beach, South Carolina OSmoky Mountains Branson, Missouri Weight 2 5 3 2 4 5 Myrtle Beach, South Carolina 5 5 7 9 5 8 Ratings Smoky Mountains 9 6 4 6 9 9 Branson, Missouri 3 8 4 5 9 8arrow_forwardHow will location benefit (or hinder) you; what is the potential customer base and how does it impact financial feasibilityarrow_forward
- On 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_forwardWhat would be important criteria for selecting a site for an IKEA store?arrow_forwardConsider this data for three potential locations A1, A2, and A3. factor weight A1 A2 A3 initial cost 100 150 140 traffic 12 40 40 30 maintenance 2 20 25 18 dock space 25 10 12 neighborhood 4 12 8 15 What is the composite score for the alternative "A2"? (Compute composite score as the sum of (weight times score) - i.e. you do not have to convert weights to add to one)arrow_forward
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