Purchase Solution

Weighted scoring model

Not what you're looking for?

Ask Custom Question

Please see the attached word document for the full questions. Thank you.

1. Use a weighted scoring model to choose between three locations (A, B, C) for setting up a factory. The relative weights for each criterion are shown in the table in the attached file.

2. Nina is trying to decide in which of four shopping centers to locate her new boutique. Some cater to a higher class of clientele than others, some are in an indoor mall, some have a much greater volume than others, and, of course, rent varies considerably. Because of the nature of her store, she has decided that the class of clientele is the most important consideration. Following this, however, she must pay attention to her expenses, and rent is a major item-probably 90 percent as important as clientele. An indoor, temper¬ature-controlled mall is a big help for stores such as hers where 70 percent of sales are from passersby slowly strolling and window shopping. Thus, she rates this as about 95 percent as important as rent. Last, a higher volume of shoppers means more potential sales; she thus rates this factor as 80 percent as important as rent. Use a weighted score model to help Nina come to a decision. (See attached file for data)

Purchase this Solution

Solution Summary

The weighted scoring model is examined.

Solution Preview

Dear student
Solution is attached.
Thanks for using Brainmass.
1. Use a weighted scoring model to choose between three locations (A, B, C) for setting up a factory. The relative weights for each criterion are shown in the following table.

A score of 1 represents unfavorable, 2 satisfactory, and 3 favorable.

Location
Category Weight A B C
Labor costs 20 1 2 3
Labor productivity 20 2 3 1
Labor supply 10 2 1 3
Union relations 10 3 3 2
Material supply 10 2 1 1
Transport costs 25 1 2 3
Infrastructure 5 2 2 2

Weighted score of Location A=(20*1+20*2+10*2+10*3+10*2+25*1+5*2)/(20+20+10+10+10+25+5)= 1.65
Weighted score of Location B=(20*2+20*3+10*1+10*3+10*1+25*2+5*2)/(20+20+10+10+10+25+5)= ...

Solution provided by:
Education
  • BEng (Hons) , Birla Institute of Technology and Science, India
  • MSc (Hons) , Birla Institute of Technology and Science, India
Recent Feedback
  • "Thank you"
  • "Really great step by step solution"
  • "I had tried another service before Brain Mass and they pale in comparison. This was perfect."
  • "Thanks Again! This is totally a great service!"
  • "Thank you so much for your help!"
Purchase this Solution


Free BrainMass Quizzes
Learning Lean

This quiz will help you understand the basic concepts of Lean.

Managing the Older Worker

This quiz will let you know some of the basics of dealing with older workers. This is increasingly important for managers and human resource workers as many countries are facing an increase in older people in the workforce

Marketing Management Philosophies Quiz

A test on how well a student understands the basic assumptions of marketers on buyers that will form a basis of their marketing strategies.

Understanding the Accounting Equation

These 10 questions help a new student of accounting to understand the basic premise of accounting and how it is applied to the business world.

MS Word 2010-Tricky Features

These questions are based on features of the previous word versions that were easy to figure out, but now seem more hidden to me.