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 weightedperformance criteria, as shown in the table below. The criteria included rent, proximity to work and recreational opportunities, security and other neighborhoodcharacteristics 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'sparents' home. Which location is indicated by the performance matrix?Factor Score for Each LocationLocation FactorFactor WeightABD1. Rent253342. Quality of Life2033443. Schools25134. Proximity to work102345. Proximity to recreation151526. Neighborhood security7. Utilities15121012Total100The 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 C is |. (Enter your response as an integer.)The weighted score for location D is(Enter your response as an integer.)Therefore, the location that is indicated by the performance matrix is location

The performance matrix shows the performance of a business in different metrics. They allow…

Answered: John and Jane Darling are newlyweds…

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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(Provide complete decision table solution) which decision alternative has a minimum payoff value from the maximum regrets? a. construct a facility in talisay b. both construct a facility in talisay and subcontracting ohlala move c. hire additional drivers in mandaue d. sobcontracting ohlala move what realism approach decision alternative has maximum payoff? a. construct a facility in talisay b. both hire additional drivers in mandaue and construct a facility in talisay c. hire additional drivers in mandaue d. sobcontracting ohlala move which equally likely decision alternative has the best payoff value? a. construct a facility in talisay b. hire additional drivvers in mandaue c. either subcontracting ohlala move or construct a facility in talisay d. subcontracting ohlala move.
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?
ABC 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.
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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.
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.)
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