The fourth step in the weighted-factor rating technique is to
a. Multiply each factor score by its weight and sum the weighted scores for each location
b. Identify all factors considered important to the facility location decision
c. Select the location with the highest total weighted score
d. Assign a performance score to each factor for each location
a. Multiply each factor score by its weight and sum the weighted scores for each location
You might also like to view...
Which of the following does not represent a problem with financial analysis?
a. Financial statement analysis is an art; it requires judgment decisions on the part of the analyst. b. Financial analysis can be used to detect apparent liquidity problems. c. There are as many ratios for financial analysis as there are pairs of figures. d. Some industry ratio formulas vary from source to source. e. Adequate detailed disclosure of how the industry ratios are computed is often lacking.
Finding the correlation of the average time a customer waits in line and the customer’s attitude about the organization would be an example of ____.
a. Descriptive statistics b. Feedback control c. Inferential statistics d. Concurrent control
Which of the following is true of adopting the Restatement (Third) of Torts: Product Liability?
A) The seller's liability differed depending on whether the defect was a manufacturing defect, a design defect, or a defective warning. B) The seller's liability differed depending on whether the plaintiff was a merchant, a consumer, or a minor. C) The privity limitation was reinstated as a defense to product liability lawsuits. D) The state-of-the-art defense is permitted by courts in most strict liability cases.
The S-C-P concept enables a firm to do what?
a. Identify opportunities for a business, especially if it is planning to enter into an industry as a new player b. Help determine if an industry is attractive enough to remain competing in c. Gain competitive advantage by differentiating its products or services d. All of the above