Total The weighted score for location A is (Enter your response as an integer.)
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- The 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 8ABC 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.Evaluating location alternatives by comparing their composite(weighted-average) scores involvesa) factor-rating analysis.b) cost–volume analysis.c) transportation model analysis.d) linear regression analysis.e) crossover analysis.
- A steel company is considering the relocation of one of its manufacturing plants. The company’s executives have selected four areas that they believe are suitable locations. However, they want to determine if the average wages are significantly different in any of the locations, since this could have a major impact on the cost of production. A survey of hourly wages of similar workers in each of the four areas is performed with the following results. Do the data indicate a significant difference among the average hourly wages in the three areas? Hourly Wages ($) Area 1 Area 2 Area 3 10 20 15 12 25 16 8 12 22 13 18 13 9 14 15 24 15 15 13 20 19 13 22 15 Step 1 of 2: Find the value of the test statistic to test for a difference in the areas. Round your answer to two decimal places, if necessary. Step 2 of 2: Make the decision to reject or fail to reject the null hypothesis of equal average hourly wages in the three areas and state the conclusion in terms of…John and Jane Darling are newlyweds trying to decide amongseveral available rentals. Alternatives were scored on a scaleof 1 to 5 (5 = best) against weighted performance criteria,as shown in Table 13.7. The criteria included rent, proximity to work and recreational opportunities, security, and otherneighborhood characteristics associated with the couple’svalues and lifestyle. Alternative A is an apartment, B is abungalow, C is a condo, and D is a downstairs apartment inJane’s parents’ home.Which location is indicated by the preference matrix? Whatqualitative factors might cause this preference to change?John and Jane Darling are newlyweds trying to decide among several available rentals. Alternatives were scored on a scale of 1 to 5 (5 = Best) against weighted performance criteria, as shown in the table below. The criteria included rent, proximity to work and recreational opportunities, security and other neighborhood characteristics associated with the couple values and lifestyle. Alternative A is an apartment, B is a bungalow, C is a condo and D is a downstairs apartment in Jane's parents' home. Which location is indicated by the performance matrix? Factor Score for Each Location Location Factor Factor Weight A В D 1. Rent 25 1 2. Quality of Life 3. Schools 20 3 1 1 4 5 3 4. Proximity to work 5. Proximity to recreation 6. Neighborhood security 7. Utilities 10 4 5 15 2 2 5 2 15 2 3 2 2 10 3 3 3 Total 100 The weighted score for location A is (Enter your response as an integer.)
- John and Jane Darling are newlyweds trying to decide among several available rentals. Alternatives were scored on a scale of 1 to 5 (5 = Best) against weighted performance criteria, as shown in the table below. The criteria included rent, proximity to work and recreational opportunities, security and other neighborhood characteristics associated with the couple values and lifestyle. Alternative A is an apartment, B is a bungalow, C is a condo and D is a downstairs apartment in Jane's parents' home. Which location is indicated by the performance matrix? Factor Score for Each Location Location Factor Factor Weight A B D 1. Rent 25 3 3 4 2. Quality of Life 20 3 3 4 4 3. Schools 2 5 1 3 4. Proximity to work 10 2 3 4 5. Proximity to recreation 15 1 5 2 6. Neighborhood security 7. Utilities 15 1 2 10 1 2 Total 100 The weighted score for location A is (Enter your response as an integer.) The weighted score for location B is (Enter your response as an integer.) The weighted score for location…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. 4.7Pan American Refineries, headquartered in Houston, must decide among three sites for the construction of a new oil-processing center. The firm has selected the six factors listed below as a basis for evaluation and has assigned rating weightsfrom 1 to 5 on each factor:FACTOR FACTOR NAME RATING WEIGHT1 Proximity to port facilities 52 Power-source availability and cost 33 Workforce attitude and cost 44 Distance from Houston 25 Community desirability 26 Equipment suppliers in area 3Subhajit Chakraborty, the CEO, has rated each location for eachfactor on a 1- to 100-point basis.FACTOR LOCATION A LOCATION B LOCATION C1 100 80 802 80 70 1003 30 60 704 10 80 605 90 60 806 50 60 90a) Which site will be recommended based on total weightedscores?b) If location B’s score for Proximity to port facilities was resetat 90, how would the result change? c) What score would location B need on Proximity to port facili-ties to change its ranking?
- Walmart is one of the largest corporations in the world, and it has obviously enjoyed tremendous success. But while many welcome its location in their communities, others do not. Some complain that its presence has too many negative effects on a community, ranging from traffic congestion to anti-union sentiment to unfair competition.Suppose Walmart has announced plans to seek approval from the planning commission of a small town to build a new store. Develop a list of the main arguments, pro and con, that could be presented at a public hearing on the matter by members of each of these groups:1. Owners of small businesses located nearby2. Town residents, and residents of nearby townsHow might a Walmart representative respond to the negative criticisms that might be brought up, and what other benefits could the representative offer the planning board to bolster Walmart’s case for gaining the board’s approval?A company wants to enter into the business of manufacturing medical consumable items such as Mask, Gloves, Disposable Caps, Face shield, PPE Kits etc. It is looking for an appropriate site to set up the plant. Suggest the factors that may affect the set-up of manufacturing plant for medical consumable items. Give reason for each suggested factor that a company needs to consider while selecting a particular site.Carol Latta is visiting hotels in Los Angeles to decide where to hold a convention for a national organization of college business school teachers she represents. There are three hotels from which to choose—the Cheraton, the Milton, and the Harriott. The criteria she is to use to make her selection are ambiance, location (based on safety and walking distance to attractions and restaurants), and cost to the organization. Following are the pairwise comparisons she has developed that indicate her preference for each hotel for each criterion and her pairwise comparisons for the criteria: Develop an overall ranking of the three hotels, using AHP, to help Carol Latta decide where to hold the meeting.