Question

Location Score Factor (100 points each) Weight Convenience Parking facilities Display area Shopper traffic Operating costs Neighborhood .15 20 18 .27 10 10 1.00 86 70 86 90 86 90 83 98 94 89 96 84 90 91 86 a. Using the above factor ratings, calculate the composite score for each location. (Do not round intermediate calculations. Round your final answers to 2 decimal places.) Location Composite Score

0 0
Add a comment Improve this question Transcribed image text
Answer #1

Answer

Calculation of composite score for each location

Factor Weight A B C
Convenience 0.15 86 77 83
Parking facilities 0.20 70 88 98
Display area 0.18 86 90 94
Shopper traffic 0.27 90 88 89
Operating costs 0.10 86 91 96
Neighborhood 0.10 90 86 84

Formula for composite score =\sumweight * score

There fore composite score is

Factor A B C
Convenience 0.15 * 86 = 12.9 0.15 * 77 = 11.55 0.15 * 83 = 12.45
Parking facilities 0.20 * 70 = 14 0.20 * 88 = 17.6 0.20 * 98 = 19.6
Display area 0.18 * 86 = 15.48 0.18 * 90 = 16.2 0.18 * 94 = 16.92
Shopper traffic 0.27 * 90 = 24.3 0.27 * 88 = 23.76 0.27 * 89 = 24.03
Operating costs 0.10 * 86 = 8.6 0.10 * 91 = 9.1 0.10 * 96 = 9.6
Neighborhood 0.10 * 90 = 9 0.10 * 86 = 8.6 0.10 * 84 = 8.4
Composite score 84.28 86.81 91
Add a comment
Know the answer?
Add Answer to:
Location Score Factor (100 points each) Weight Convenience Parking facilities Display area Shopper traffic Operating costs...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • Location Score Factor (100 points each) Weight A B C Convenience .15 86 75 80 Parking...

    Location Score Factor (100 points each) Weight A B C Convenience .15 86 75 80 Parking facilities .20 70 86 96 Display area .18 88 90 91 Shopper traffic .27 86 90 95 Operating costs .10 95 91 96 Neighborhood .10 88 88 91 1.00 a. Using the above factor ratings, calculate the composite score for each location. (Do not round intermediate calculations. Round your final answers to 2 decimal places.) Location Composite Score A B C b. Determine which...

  • 1. 2. A small firm intends to increase the capacity of a bottleneck operation by adding...

    1. 2. A small firm intends to increase the capacity of a bottleneck operation by adding a new machine. Two alternatives, A and B, have been identified, and the associated costs and revenues have been estimated. Annual fixed costs would be $54,000 for A and $27,000 for B; variable costs per unit would be $9 for A and $11 for B; and revenue per unit would be $16. a. Determine each alternative's break-even point in units. (Round your answer to...

  • Using the following factor ratings table to answer part a & b of this question: Factor...

    Using the following factor ratings table to answer part a & b of this question: Factor Score out of 100 Points for each Factor Weight Loc-1 Loc-2 Loc-3 Loc-4 Convenience 0.1 86 92 80 90 Parking Facilities 0.3 90 70 72 92 Display Area 0.1 80 75 88 90 Shopper Traffic 0.2 72 92 60 80 Operating Costs 0.25 88 60 92 55 Neighborhood 0.05 60 98 90 51 Determine which location alternative should be chosen using factor rating method....

  • PART II: CHOOSE & SOLVE ONLY (4) QUESTIONS 1. Which location is the best location? Riyadh,...

    PART II: CHOOSE & SOLVE ONLY (4) QUESTIONS 1. Which location is the best location? Riyadh, Jeddah, or Dammam. Location Score Jeddah Weight Riyadh Convenience .15 80 Parking facilities .20 72 Dammam 60 70 76 92 Display area .18 Shopper traffic .27 Operating costs 10 Neighborhood .10 96 85 1.00

  • PART II: CHOOSE & SOLVE ONLY (4) QUESTIONS 1. Which location is the best location? Riyadh,...

    PART II: CHOOSE & SOLVE ONLY (4) QUESTIONS 1. Which location is the best location? Riyadh, Jeddah, or Dammam. Location Score Jeddah Weight Riyadh Convenience .15 80 Parking facilities .20 72 Dammam 60 70 76 92 Display area .18 Shopper traffic .27 Operating costs 10 Neighborhood .10 96 85 1.00

  • Factor Weight East #1 East #2 West Initial cost 10 100 140 130 Traffic 10 60...

    Factor Weight East #1 East #2 West Initial cost 10 100 140 130 Traffic 10 60 30 40 Maintenance 6 25 20 30 Dock space 5 17 17 22 Neighborhood 4 7 10 10 a. Using the above factor ratings, calculate the composite score for each location. Location Composite Score East #1 East #2 West

  • A company sells medical supplies to hospitals and healthcare facilities that are mostly located in the...

    A company sells medical supplies to hospitals and healthcare facilities that are mostly located in the Michiana region. The company has 150 employees, and it is about to decide whether part of them should be encouraged to work remotely, and if so, how many employees should do that. There are many aspects to be analyzed such as productivity and collaboration, but you will focus on the costs of space and IT at the company’s main office versus the costs of...

  • == Programming Assignment == For this assignment you will write a program that controls a set...

    == Programming Assignment == For this assignment you will write a program that controls a set of rovers and sends them commands to navigate on the Martian surface where they take samples. Each rover performs several missions and each mission follows the same sequence: deploy, perform one or more moves and scans, then return to base and report the results. While on a mission each rover needs to remember the scan results, in the same order as they were taken,...

  • For the take-home portion of the exam, you will be analyzing the dataset titled "Testscores", fou...

    For the take-home portion of the exam, you will be analyzing the dataset titled "Testscores", found on the Content page. This dataset lists the scores for two different classes who were both given a similar test. Using this data, answer the following 5 questions, each worth 10 points 1. Calculate a 95% confidence interval for the mean score in each class, What conclusions can we draw from this? 2. Calculate a 95% confidence interval for the difference between the two...

  • Just do the green circle For Exercises 67-74, factor out the polynomial CLI.S 67 y(a 3)...

    Just do the green circle For Exercises 67-74, factor out the polynomial CLI.S 67 y(a 3) 2(a 3) GC Set 69.ja(an卞sn) + b(2h (2m+3m)(4a+b)3 68. a(x - 4) +5(x -4) (x 4a+5) a-3)y +2) 72. 3m(3a-2)- 4(3a 2 1)5x(4m-5)-2(4m-5) (3a 2)(3m -4) 70. 3m(3a +5b) +n(3a + 5b) 3a+56)(3m+) 4-5)(5x 2) 74. 6r(3y +5) -3a(3y +5) (3y+52)21-) Objective 4 Prep Exercise 5 What kinds of polynomials are factored by grouping? Four-term polynomials Prep Exercise 6 When factoring by grouping, after...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT