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The Security National Bank is considering two locations for a new branch. The two choices are a major mall and a strip mall. The site selection team is evaluating two sites, and they have scored the critical success factors for each as shown below. The weights reflect the same relative importance as we have used in class. They want to use these ratings to compare the locations. Critical Success Factor Factor Weight Major Mall Site Strip Mall Site Relocation cost 0.30 $190,000 $240,000 Customer service 0.40 2.5 3.0 Service quality 0.10 1.8 2.4 Security and safety 0.10 2.4 1.8 Market share 0.10 1.8 2.1 The non-economic scores are on a 0 to 3.0 basis with 3.0 being best and it is possible to achieve the 3.0 score. a) Using the factor scoring (rating) method as we learned in class, which site should Security National Bank use based on the above information? b) Suppose the 3.0 value for the Customer Service for the Strip Mall Site is questionable. At what Customer Service score for the Strip Mall Site would the bank change its decision from what it found in a)?
What constitutes the mission of Rapid-Lube? - How does the Rapid-Lube operations strategy provide competitive advantage?
The following is a payoff table giving profits for various situations. The probabilities for states of nature A, B, and C are 0.3, 0.5, and 0.2, respectively.
Among simple moving average, weighted moving average, exponential smoothing, and linear regression, which forecasting technique would you consider the most accurate? In detail explain Why?
What are the components of and steps in the collective bargaining process? Evaluate them.
You have decided you will use a level aggregate plan for the electric motor, meaning that you will manufacture the same number of units each month. Calculate and provide the numerical monthly aggregate production rate rounded to a whole number. Produ..
Resource allocation is fundamental to managing a successful project. Explain how stakeholder management is linked to resource allocation management. Additionally, can you have a resource constraint of people without having time constraint implication..
You have just taken over inventory management for special units at a business. Currently there are 120 units in stock, it takes between 1 and 3 weeks to receive an order of 100 new units, and demand runs between 0 and 25units per week. What additiona..
Saddleback Hospital currently receives more than 50,000 boxes of pharmaceutical supplies per month. All of these items are manually inspected and logged to ensure adequate receipt prior to payment. The CEO has asked that you include aspects of worker..
The purpose of this assessment is to evaluate skills in research, the application of ideas from the literature, problem solving and critical analysis.
List and briefly explain the five-component model of an information system. How can you use them?
Why is it useful to have an 8-step negotiation model? What are the consequences if a step is skipped?
A large nursery and garden center specializes in a wide variety of trees, landscaping plants and vegetables for a well-to-do clientele focused on high-quality, unusual plant. The type of job analysis that would promote the CEO's goals would be : Func..
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