Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
East Coast Manufacturing, Inc. plans to locate a new production facility in Hartford, Philadelphia, or Baltimore. Six location factors are important: cost per product unit, labor availability, union activities, local transportation, proximity to similar industry and proximity to raw materials. The weighting of these factors, the scale for each factor and the scores for each location are shown below. Different SME's (subject matter experts) scored each of the non-economic factors. So, unfortunately, the scores for the non-economic factors are scaled differently. The scales are indicated on the table. On the scale, the highest score is always the best value. For example, for the scale 1-5, the best value is 5. For each of the Non-economic factors, it is possible to score the maximum.
Location Factor
Factor Weight
Scale
Hartford
Philadelphia
Baltimore
Cost per product unit
0.55
$48
$59
$52
Labour availability
0.15
0-5
2.5
4.0
Union activities
0.10
0-3
2.7
1.8
0.9
Local transportation
1.2
2.4
Proximity to similar industry
0.05
0-1
0.5
1.0
0.7
Proximity to raw materials
0.6
0.4
For the following, calculate all results three decimal place (example, 0.xxx or x.xxx).
a) Using the factor scoring (or equivalent the factor rating) approach we studied in class and modified as appropriate, which site do you recommend? Why?
b) With everything else remaining the same as in the problem statement, what must the cost per product unit for Philadelphia be so that its total factor score is equal to the total factor score for Hartford?
Examples of Variations - Operations Function Volume Low: Small quantities
Discuss the importance of the calculation and interpretation of ratios, to complete an effective financial ratio analysis?
Prob: The 21st Century Studios is about to begin the production of its most important (and most expensive) movie of the year accepted#
Objectives of Motion Study: 1. Combine relative activities. 2. Increases the efficiency of activities. 3. Reduce physical fatigue. 4. Eliminate as many unnece
What is Business process re-engineering? Business process re-engineering (BPR): The basic redesign of existing business processes to attain enhancements in critical areas
How are the quality of health care and excellence in customer service related to each other?
Thinking back upon this course's content, please discuss the authors' assertion: "The logistics manager of the future will be much more of a change leader and much less of a techni
Common or Random Causes - Causes of Variability Consider throwing a pair of dice. The possible outcomes range from 2 to 12, but with different probabilities of occurrence (see
(1) Firstly, consider the changes in employment by sector over the period charted in the figure (1850 - 2000). What factors do you think contributed to the reduction in employment
Risk is often described as the event that "might" happen during the course of a project. Explain how risk has impacted a project that you have been associated with as a team member
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!
whatsapp: +91-977-207-8620
Phone: +91-977-207-8620
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd