Create your preference matrix in an excel spread sheet. Please calculate the weighted score for the following example: You are contemplating attending university in the future. Alternatives for school choices were scored on a scale of 1 to 5 (5= the best) against weighted performance criteria, as shown in the table below. The criteria include rent, quality of life, school reputation, proximity to markets, proximity to bars/restaurants, proximity to recreation, neighborhood security, tuition, school sport teams and student to teacher ratio. What location, according to your calculations, is the ideal choice for attending University. School Choice. Create your preference matrix in an excel spread sheet Bishop's University, 2600 College St. Sherbrooke, QC. J1M 1Z7 CANADA Location Factor Rent Prox. to Bars/Resto Prox. to Markets Prox. to Recreation School Sports Stu/Teach Ratio Neighborhood Security Quality of Life School reputation Tuition en Factor Weight 10 20 10 5 10 5 5 10 5 20 Total 100 Bishop's 3 2 3 5 4 Factor Score for Each Location 2 4 1 5 4 WS=

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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Create your preference matrix in an
excel spread sheet. Please calculate the
weighted score for the following example:
You are contemplating attending
university in the future. Alternatives for
school choices were scored on a scale of 1
to 5 (5= the best) against weighted
performance criteria, as shown in the
table below. The criteria include rent,
quality of life, school reputation, proximity
to markets, proximity to bars/restaurants,
proximity to recreation, neighborhood
security, tuition, school sport teams and
student to teacher ratio. What location,
according to your calculations, is the ideal
choice for attending University.
School Choice.
Create your preference matrix in an
excel spread sheet Bishop's University,
2600 College St. Sherbrooke, QC. J1M
1Z7 CANADA
Location
Factor
Rent
Prox. to Bars/Resto
Prox. to Markets
Prox. to Recreation
School Sports
Stu/Teach Ratio
Neighborhood Security
Quality of Life
School reputation
Tuition
0:0
Factor
Weight
10
20
3
2
3
5
4
2
`ll
4
1
5
4
WS=
10
5
10
5
5
10
5
20
Factor Score for Each Location
Total
100
Bishop'
Transcribed Image Text:Create your preference matrix in an excel spread sheet. Please calculate the weighted score for the following example: You are contemplating attending university in the future. Alternatives for school choices were scored on a scale of 1 to 5 (5= the best) against weighted performance criteria, as shown in the table below. The criteria include rent, quality of life, school reputation, proximity to markets, proximity to bars/restaurants, proximity to recreation, neighborhood security, tuition, school sport teams and student to teacher ratio. What location, according to your calculations, is the ideal choice for attending University. School Choice. Create your preference matrix in an excel spread sheet Bishop's University, 2600 College St. Sherbrooke, QC. J1M 1Z7 CANADA Location Factor Rent Prox. to Bars/Resto Prox. to Markets Prox. to Recreation School Sports Stu/Teach Ratio Neighborhood Security Quality of Life School reputation Tuition 0:0 Factor Weight 10 20 3 2 3 5 4 2 `ll 4 1 5 4 WS= 10 5 10 5 5 10 5 20 Factor Score for Each Location Total 100 Bishop'
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