Compute the composite rating for each location

Assignment Help Operation Management

Reference no: EM131354818

A location analysis for Cook Controls, a small manufacturer of parts for high-technology cable systems, has been narrowed down to four locations. Cook will need to train assemblers, testers, and robotics maintainers in local training centers. Lori Cook, the president, has asked each potential site to offer training programs, tax breaks, and other industrial incentives. The critical factors, their weights, and the ratings for each location are shown in the following table. High scores represent favorable values.

Factor	Weight	Location
Factor	Weight	Akron, OH	Biloxi, MS	Carthage, TX	Denver, CO
Labor availability	.15	90	80	90	80
Tech school quality	.10	95	75	65	85
Operating cost	.30	80	85	95	85
Land & construction cost	.15	60	80	90	70
Industrial incentives	.20	90	75	85	60
Labor cost	.10	75	80	85	75

a) Compute the composite (weighted average) rating for each location.

b) Which site would you choose?

c) Would you reach the same conclusion if the weights for operating cost and labor cost were reversed? Re-compute as necessary and explain.

Reference no: EM131354818

Questions Cloud

Contrast parametric and non-parametric statistical inference : "Non-parametric inference is proper statistical inference within the Fisher paradigm." Discuss.

What is the market to book value ratio : Goldman Sachs & Co. sold a 12.5% interest in its annual profits to Sumitomo Bank Ltd of Japan in return for a capital investment of $500 million. Sumitomo was one of the world’s largest commercial banks, with assets of 172 billion. Under the agreemen..

Calculate the safety stock quantities and the inventory cost : Calculate the safety stock quantities and the inventory cost associated with safety stock (based on the item unit cost) for the inventory items at four different service levels (50%, 80%, 90%, and 95%).

Revenue generation for piece of equipment : The plan, in essence, outlines the pathway between the two. Making it successful depends on how the market is defined, and whether or not the right questions are being asked. To determine the long-term cost of operation and potential revenue gener..

Compute the composite rating for each location : A location analysis for Cook Controls, a small manufacturer of parts for high-technology cable systems, has been narrowed down to four locations. Compute the composite (weighted average) rating for each location. Which site would you choose

What are the roles of behavior change and self-care : It stated that "an estimated 30-60% of patients are not compliant with their physicians-directed treatment or medication regimens. Because of the serious clinical and cost concerns this raises, behavior modification has become recognized as an int..

Momentum cyclicals cost of common equity capital : You know that the return of Momentum Cyclicals common shares is 1.6 times as sensitive to macroeconomic information as the return of the market. If the risk-free rate of return is 2.80 percent and market risk premium is 5.71 percent, what is Momentum..

Company achieve without having to raise funds externally : SALES INCREASE Paladin Furnishings generated $4 million in sales during 2016, and its year-end total assets were $3.2 million. Also, at year-end 2016, current liabilities were $500,000, consisting of $200,000 of notes payable, $200,000 of accounts pa..

Planning often distinguished from operational planning : In what way is strategic planning often distinguished from operational planning? A firm that is living on its past laurels will probably have a culture that is

User Account

All Pages