SITE FACTOR WEIGHT 1 3 Affluence of local population 10 70 60 85 90 Construction and land cost 10 85 90 80 60 Traffic flow 25 70 60 85 90 Parking availability Growth potential 20 80 90 90 80 15 90 80 90 75

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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100%
A Detroit seafood restaurant is considering opening a
second facil ity in the suburb of West Bloomfield. The following
table shows its ratings of five factors at each of four potential
sites. Which site should the owner, Lucy Lyu. select?
SITE
FACTOR
WEIGHT
1
3
Affluence of local
population
10
70
60
85
90
Construction and
land cost
10
85
90
80
60
Traffic flow
25
70
60
85
90
Parking availability
Growth potential
20
80
90
90
80
15
90
80
90
75
Transcribed Image Text:SITE FACTOR WEIGHT 1 3 Affluence of local population 10 70 60 85 90 Construction and land cost 10 85 90 80 60 Traffic flow 25 70 60 85 90 Parking availability Growth potential 20 80 90 90 80 15 90 80 90 75
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