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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)?
In the digital age, new channels of communication have developed that simply did not exist a few decades ago. Cell phones, e-mail, text messaging, Facebook, Twitter . . . who knows what might develop next. However, not every channel of communication ..
High Tech, Inc. is a virtual store that stocks a variety of calculators in their warehouse. Customer orders are placed; the order is picked and packaged, and then shipped to the customer. A fixed order quantity inventory control system (FQS) helps mo..
JokersRWild makes playing cards in several diferent syles, but a "standard" deck of cards is used for planning purposes. The average worker at JokersRWild can make 10,000 sets of decks of cards per month at a cost of $1.00 per deck during regular ..
Kraft Bakeries introduced in 2016 a new line of frozen apple pie. For 2016, sales by quarter were as follows: 17,000 units; 22,100 units; 20,500 units; and 25,600 units. Because of aggressive marketing and promotion, the company expects that sales fo..
Henrique Correa's bakery prepares all its cakes between 4am and 6am so they will be fresh when customers arrive. Day-old cakes are virtually always sold, but at a 50% discount off the regular $10 price. The cost of baking a cake is $6, and demand is ..
Only certain types of data should be stored within the cloud. For example, Social security, compliance, and critical asset information should be stored in the cloud. By allowing this information to be present within the cloud the employer is assuming..
Analyze the steps involved in developing a strategic plan for a company and determine which step is the most difficult to get right. Explain your rationale.
What is a rich media ad? What benefits does it offer the marketer? Does it have any potential downsides? What are the various types of cost? Explain with suitable example. Explain Balanced score card method and its importance in logistic management.
A linear programming problem has three constraints, plus non negativity constraints on X and Y. The constraints are: 2X + 10Y ≤ 100; 4X + 6Y ≤ 120; 6X + 3Y ≥ 90. What is the largest quantity of X that can be made without violating any of these constr..
Write an essay on the principle that "Communication means the process of becoming like one or as one." Tell what this principle means to you; tell how important is this principle from your experience; and, most important, tell very specifically how y..
"E-Negotiations" and similar technological advances effectively remove the need for negotiators tc travel to their markets to maintain personal contact with customers and to assess the local ..
write a paper of no more than 1050 words in which you explanation of the control limits including the calculations and
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