Compute the composite rating for each location

Assignment Help Operation Management
Reference no: EM131349987

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.

Locations
Factor Weight Akron,OH Biloxi, MS Carthage,TX Denver,CO
Labor availability 0.15 90 80 90 80
Tech school quality 0.1 95 75 65 85
Operating cost 0.3 80 85 95 85
Land & construction cost 0.15 60 80 90 70
Industrial incentives 0.2 90 75 85 60
Labor cost 0.1 75 80 85 75

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

b) Which site would you choose?

Reference no: EM131349987

Questions Cloud

Create an argument map based on the influence diagram : Create an argument map based on the influence diagram presented in Case 1.3 and complete all the criteria provided in the exercise, beginning with this claim: "The U.S. should return to the 55- mph speed limit in order to conserve fuel and save l..
What is the purpose of inpatient and outpatient facilities : What are the main differences between inpatient and outpatient facilities? What is the purpose and importance of both? Why would one type be used instead of the other?
Give a description of the diet and the restrictions : Identify a current fad diet. Give a description of the diet and the restrictions, etc. Provide two days of meal plans
Describe a duobinary system with a four-level input alphabet : Describe a duobinary system with a four-level input alphabet. Give a decision-feedback demodulator including the detection rule.
Compute the composite rating for each location : The critical factors, their weights, and the ratings for each location are shown in the following table. High scores represent favorable values - Compute the composite (weighted average) rating for each location and which site would you choose?
What is the matched filter for this waveform : What is the matched filter for this waveform? Sketch a decision-feedback demodulator. Sketch an alternative implementation that uses a precoder.
Who controls the purse strings and why : How will the price fluctuate? What economic trends are to be observed? Who will make money from the technology? Who is funding the research and development? Who controls the purse strings, and why?
Conduct a stakeholder analysis : Examine Box 3.0 - Conducting a Stakeholder Analysis. Choose one (1) policy issue in the U.S. and generate a list of at least five (5) stakeholders who affect or are affected by problems in the issue area. Next, apply the procedures for a stakehold..
Identifies the purpose of the evaluation : A 2- to 3-page draft of the program evaluation plan to submit to the stakeholders that: Identifies the purpose of the evaluation. Describes the questions that will be addressed and the type of information that will be collected

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd