A company is planning on expanding and building a new plant in one of three Southeast Asian countries. Chris Ellis, the manager charged with making the decision, has determined that five critical success factors (CSFs) can be used to evaluate the prospective countries Ellisused a rating system of 1 (least desirable country) to 5 (most desirable) to evaluate each CSF.a) Based on the given information, the best location for Chris Ellis isFactor Critical Success Factors12345TechnologyLevel of educationPolitical and legal aspectsSocial and cultural aspectsEconomic factorswith a total weighted score ofb) Political unrest in Thailand results in a lower score, 2, for Political and legal aspects. The best location for Chris Ellis isc) If Thailand's score drops even further, to a 1, for Political and legal aspects, the best location for Chris Ellis isWeight0.200.100.400.100.20rCandidate Country RatingsThailand51323(Enter your response rounded to two decimal places.)Taiwan44143with a total weighted score of▼, with a total weighted score ofSingapore15332(Enter your response rounded to two decimal places.)(Enter your response rounded to two decimal places.)

Location Factor Rating (also known as Weighted Scoring Model).· Here first the important…

Answered: A company is planning on expanding and…

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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