Marilyn Helm Retailers is attempting to decide on a location for a new retail outlet. At the moment,the firm has three alternatives: stay where it is but enlarge the facility; locate along the main street innearby Newbury; or locate in a new shopping mall in Hyde Park. The company has selected the fourfactors listed in the following table as the basis for evaluation and has assigned weights as shown:Factor DescriptionHydeParkFactorWeightPresentNewburyLocation1Average community0.30406050incomeCommunity growthpotential20.15202080Availability of publictransportation0.20306050Labor availability, attitude,and cost40.35805050a) Based on the given information, the best location for Marilyn Helm Retailers is to open the newretail outlet inwith a total weighted score of3.

For deciding the best location for opening a retail outlet, the weighted score of each location has…

Answered: a) Based on the given information, the…

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...

See similar textbooks

Similar questions

Discuss briefly what is location service facilities?
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.
Careful selection of location is significant in the success of a business. Which among the following is a technique or model used for location decisions O a. Enterprise Resource Planning O b. Linear Regression Method Oc Weighted Factor Comparison Method O d. Historic Method
A larger and more modern main post office is to be constructed at a new location in Davis, California. Growing suburbs caused a shift in the population density from where it was 40 years ago, when the current facility was built. Annette Werk, the postmaster, asked her assistants to draw a grid map of the seven points where mail is picked up and delivered in bulk. The coordinates and trips per day to and from the seven mail source points and the current main post office, M, are shown in the following table. M will continue to act as a mail source point after relocation. Mail Source Point Round trips per day x, y, Coordinates (miles) 1 8 2 2 1 6 3 4 6 7 M 2 4 8 The center of gravity "X" coordinate = 10 The center of gravity "Y" coordinate = 6 (11,5) (15,5) (1, 13) (2, 1) (4, 14) (16, 12) (15,5) (14,2) a. Calculate the center of gravity as a possible location for the new facility. (Enter your responses rounded to the nearest whole number.) b. Compare the load-distance scores for the…
The owner of a food truck implemented a new location strategy so that they would be better positioned near a crowded office park during the lunch hour. How should they evaluate the new location strategy?
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?
snip
Develop 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 ] > >
c) Outline four decision options that may result from location decisions. d) Briefly explain five issues to be considered when making location decisions for retail and service outlet
Location planning is part of strategic planning, briefly explain why?
A firm is considering three different locations in which to build a factory. The costs associated with each location are given below. Location A B C Fixed Costs 500 700 900 Variable costs per unit 10 6 4 Plot the crossover chart for the locations. What level of output will each location be preferred? Write an equation to represent the costs for each location. Use algebra to determine the crossover points.
Daniel Tracy, owner of Martin Manufacturing, must expand by building a new factory. The search for a location for this factory has been narrowed to four sites: A, B, C, or D. Thefollowing table shows the results thus far obtained by Tracy by using the factor-rating method to analyze the problem. The scale used for each factor scoring is I through 5. a) Which site should Tracy choose?b) If site D 's score for Energy costs increases from a 3 to a 5, do results change?c) If site A's Weather score is adj usted to a 4, what is the impact? What should Tracy do at this point?

SEE MORE QUESTIONS

Recommended textbooks for you

Practical Management Science

Operations Management

ISBN:

9781337406659

Author:

WINSTON, Wayne L.

Publisher:

Cengage,

Operations Management

ISBN:

9781259667473

Author:

William J Stevenson

Publisher:

McGraw-Hill Education

Operations and Supply Chain Management (Mcgraw-hi…

Operations Management

ISBN:

9781259666100

Author:

F. Robert Jacobs, Richard B Chase

Publisher:

McGraw-Hill Education

Practical Management Science

Operations Management

ISBN:

9781337406659

Author:

WINSTON, Wayne L.

Publisher:

Cengage,

Operations Management

ISBN:

9781259667473

Author:

William J Stevenson

Publisher:

McGraw-Hill Education

Operations and Supply Chain Management (Mcgraw-hi…

Operations Management

ISBN:

9781259666100

Author:

F. Robert Jacobs, Richard B Chase

Publisher:

McGraw-Hill Education

Business in Action

Operations Management

ISBN:

9780135198100

Author:

BOVEE

Publisher:

PEARSON CO

Purchasing and Supply Chain Management

Operations Management

ISBN:

9781285869681

Author:

Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson

Publisher:

Cengage Learning

Production and Operations Analysis, Seventh Editi…

Operations Management

ISBN:

9781478623069

Author:

Steven Nahmias, Tava Lennon Olsen

Publisher:

Waveland Press, Inc.

SEE MORE TEXTBOOKS

a) Based on the given information, the best location for Marilyn Helm Retailers is to open the new retail outlet in with a total weighted score of