Important information about location strategies

Assignment Help Business Management

Reference no: EM1365728

Important information about Location Strategies

The owners of Speedy Logistics, a company that provides overnight delivery of documents, are considering where to locate their new facility in the Midwest. They have narrowed their search down to two locations and have decided to use factor rating to make their decision. They have listed the factors they consider important and assigned a factor score to each location based on a 5-point scale. The information is shown here.

Factor Factor Weight Factor Score at Each Location
Location 1 Location 2
Proximity to airport 40 5 3
Proximity to road access 30 4 1
Proximity to labor source 10 3 5
Size of facility 20 2 4

Using the procedure for factor rating, decide on the better location.

Location 1 is the better location because it provides a higher factor rating score than location 2.

Location 2 is the better location because it provides a higher factor rating score than location 1.

Neither location is better as the factor rating scores are the same.

Reference no: EM1365728

Questions Cloud

Difference between single loop and double loop learning : Explain the difference between single loop learning and double loop learning and what role does individual learning play in organizational learning?

Effective strategic control systems : Why are effective strategic control systems so important in today's economy? Please include one references (websites) that can be used for more research.

Analysis of financial performance : Summarize your findings. Based on the financial analysis you have just completed, summarize your findings and draw conclusions about the changes in the financial performance/structure of the firm over time and about the current strengths of its op..

Calculating design and effective capacity utilization : Compute the design and effective capacity utilization measures - Calculating design and effective capacity utilization

Important information about location strategies : The owners of Speedy Logistics, a company that provides overnight delivery of documents, are considering where to locate their new facility in the Midwest.

Calculating the coordinates for warehouse : Joe's Sports Supplies Corporation is considering where to locate its warehouse in order to service its four stores in four towns: A, B, C, and D.

Question about location strategies : The Quick Copy center for document copying is deciding where to locate a new facility. The annual fixed and variable costs for each site it is considering have been estimated

Opportunity cost of your decision : What is the opportunity cost of your decision, if you are expecting to pay $100 for an item but learn that a store 2 miles

What are the key industry conditions : What strategy (or strategies) should the company use to continue its growth and Is Gary Kelly the right person to head up Southwest Airlines at this time?

User Account

All Pages