What the value of the proximity to customers score

Assignment Help Advanced Statistics
Reference no: EM13334263

The Dynaco Manufacturing Company is going to build a new plant to manufacture ring bearings (used in automobiles and trucks). The site selection team is evaluating three 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 and discussed. They want to use these ratings to compare the locations.

Critical Success Factors

Weight

Site 1

Site 2

Site 3

Labor Cost

????

$6 million

$5 million

$6.5 million

Labor pool and climate

0.30

80

65

90

Proximity to suppliers

0.20

100

91

75

Community environment

0.15

75

80

80

Proximity to customers

0.10

65

90

95

Shipping modes

0.10

65

50

90

The non-economic scores are on a 0 to 100 basis with 100 being best.

a) Using the factor rating (scoring) method that we learned during the class, which site should Dynaco use based on the above information? Please fill in any missing information.

b) Currently the Site 1 Proximity to Customers score is 65. Dynaco is interested in learning what the value of the Proximity to Customers score for Site 1 must be so that the resulting total factor score for Site 1 is equal to that for Site 3. What must this score be so that the resulting total scores for the two sites are equal?

Reference no: EM13334263

Questions Cloud

Explain what is the solubility of znco3 : What is the solubility of ZnCO3 at 25 degrees C in a buffer solution with a pH value of 10.33
Perfectly competitive market with the demand function : Consider the perfectly competitive market with the demand function Q(p)=1-p. Every firm has the cost function C(Q)=1/128 + Q^2/2. What are the long run equilibrium price, quantity of a single firm and the industry output? How many firms are in the ma..
Determine how many total revolutions has the drill turned : A dentist's drill accelerates from rest at 640rad/s2for 2.30s and then runs at constant angular velocity for 6.50s. Through how many total revolutions has the drill turned
Given that the company''s required return : Given that the company's required return (WACC) is 10%
What the value of the proximity to customers score : The factor rating method that we learned during the class, which site should Dynaco use based on the above information?
Compute the average power of the elevator motor : A 612 kg elevator starts from rest and moves upward for 4.00 s with constant acceleration until it reaches its cruising speed, 1.84 m/s. What is the average power of the elevator motor during this period
Management challenges of globalization : What are the management challenges of globalization? For example, what aspects of the U.S. legal-political institution could prove difficult for a Chinese firm operating a factory in America? You can provide your own examples if you wish.
Explain how many grams of zn have been consumed : If 160mL of wet H2 is collected over water at 24 degrees Celsius and a barometric pressure of 738torr , how many grams of Zn have been consumed
Compute the height of the hill : A child and sled with a combined mass of 49.0 kg slide down a frictionless slope. what is the height of the hill

Reviews

Write a Review

Advanced Statistics Questions & Answers

  Real estate profit for desired return

Kevin wants a return of 50% from his one-year investment in real estate. He believes that he can sell the property at the end of the year for $250,000 and that the property will provide him with income of $50,000.

  Effect of vitamin d adjunct therapy

Write a typical protocol about the effect of Vitamin D Adjunct Therapy on the Progression of Latent Tuberculosis to Active Disease

  Determining cost of equity bu using capm

Booher Book Stores has a beta of 0.8. The yield on a 3-month T-bill is 4% and the yield on a 10-year T-bond is 6%. The market risk premium is 5.5%, and the return on an average stock in the market last year was 15%.

  Organizational change-management

Can you tell me what role organizational change out of: e-business management, global leadership, managerial economics, and financial methods play in a management career and professional development?

  What are the labor hours productivity

What is the average number of customers waiting in line to purchase a ticket and what is the probability that there are at least two others waiting in line to buy a ticket?

  Determine the probability of an event

A contingent liability should be created if it probable that the liability will occur and the amount of the loss can be reasonably estimated. How is the probability of an event occurring determined? Is this based on an estimate of the likelihood of..

  Computing fair value of coupon paying bond

A firm has an issue of $1,000 par value bonds with a 9% stated interest rate outstanding. The issue pays interest annually and has 20 years remaining to its maturity date.

  Types of business transactions

The general manager of a business encounters many different types of business transactions. Provide an example for each of the following transactions that would describe the effect on the accounting equation.

  Managerial statistics-conditional probability

Management of a golf ball company has carefully screened and selected 12 dozen golf balls, and it is agreed that this sample contains 15 nonconforming balls (all for various cosmetic reasons).

  Determine least squres line and draw the scatter diagram

Calculate te covarience anf the correlatio coeficient. Comment on the relationship between x and y Determine the least squres line. Draw the scatter diagram and plot the least squres line

  How many data points can she use in a regression analysis

How many data points can she use in a regression analysis using the data provided and which of the following independent variables explains more than 90 percent of the observed variation in new car sales?

  Computation of correlation coefficient

The data below are the final exam scores of 10 randomly selected statistics students and the number of hours they studied for the exam. Find the correlation coefficient between hours studied and final exam scores.

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