The third 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. Assign a weight to each factor
d. Assign a performance score to each factor for each location
d. Assign a performance score to each factor for each location
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Answer the following statements true (T) or false (F)
1. The process of fitting the organization to its environment is called incidental design. 2. The founder of McDonald's, Ray Kroc, intended that a Big Mac should taste the same anywhere, and accordingly, the company has many specific procedures, making it a mechanistic organization. 3. Companies that must respond to fast-changing customer tastes often favor a mechanistic structure to an organic one. 4. Lawrence and Lorsch's term for the tendency of an organization's parts to disperse and fragment is dissolution.
Cameroon Corp. manufactures and sells electric staplers for $16 each. If 10,000 units were sold in December, and management forecasts 4% growth in sales each month, the number of units of electric stapler sales budgeted for March should be:
A. 11,000 B. 10,400 C. 11,249 D. 10,816 E. 10,000
Federal legislation on price-fixing requires that sellers set their prices ________
A) based on their fixed and variable costs B) without communication with competitors C) to achieve a specified profit margin D) consistently with all customers E) consistently throughout a region
The competitive objective of a best-cost provider strategy is to
A. deliver superior value to buyers by doing such a good job of cost control that it ends up with the best cost (as compared to rivals) in performing each activity in its value chain. B. outmatch the resource strengths of both low-cost providers and differentiators. C. identify and concentrate on those differentiating features that are inexpensive to incorporate. D. position the company outside the competitive arena of low-cost producers and differentiators. E. meet or exceed buyer expectations on key quality/performance/features/service attributes and beat their expectations on price (given what rivals are charging for much the same attributes).