Point rating method, Operation Management

Assignment Help:

Point  Rating Method

In  selecting  a site  of location companies  have several  objectives, but  not  all are  of equal  importance. The relative weight a company assigns to each objective or to each location factor may be represented by the number of points a perfect site would service in each category. Each potential site is then evaluated with respect to every factor a company is looking for and points are assigned for each factor.

The site with the highest total number of points is considered superior to their sites. The drawback of this method is that high score in any factor can overcome a low score in any other factor. Since some factors are considered as important of essential any site that does not have at least a specified number of points for those essential factors will be excluded from further consideration.


Related Discussions:- Point rating method

Explain why is it important to try to fill in the gaps, When interviewing, ...

When interviewing, why is it important to try to fill in the gaps in a candidate's employment history?

Which one technique i recommend is because, Complete the below table. Which...

Complete the below table. Which one of these techniques would you recommend to use and indicate your rationale. Technique Ave Bias Ave MAD MSE Ave MAPE Naïve 4 Per MA Exp Smooth Th

Describe the problem with labour productivity, Two types of cars (Deluxe an...

Two types of cars (Deluxe and Limited) were produced by a car manufacturer in 1997. Quantities sold, price per unit, and labour hours follow. What is the productivity for each car?

What does mean owns real estate in fee simple absolute, If someone owns rea...

If someone owns real estate in fee simple absolute, what does that mean?

Discuss characteristics of a successful entrepreneur, Analyze the character...

Analyze the characteristics of a successful entrepreneur and determine if you have what it takes to start your own business. Provide specific examples to support your response.

Organisational behaviour, #ques 2. What, in your opinion, could be the rea...

#ques 2. What, in your opinion, could be the reasons for different Managerial thinking in this case? tion..

Discussion, Review the week 6 info. in course material regarding the Apple ...

Review the week 6 info. in course material regarding the Apple iPhone supply chain. What issue/s do you think could be helped with a Pert/CPM plan for the supply chain? sk questi

Explain the concept of merit goods, Explain the concept of merit goods with...

Explain the concept of merit goods with reference to the formal provision of education in a country.  Merit goods are those goods and services that society values and the gover

Policy Interview, It is important for students, as they progress through th...

It is important for students, as they progress through this program, to learn from those currently working in health care. For this assignment, students will interview a health car

Explain annual holding and order costs, Item Cost - $7.00 Order Cost - $283...

Item Cost - $7.00 Order Cost - $283.00 Annual Hold - 32% of item cost Annual Demand - 22,100 Average Demand - 442 per week Standard deviation of weekly demand 20 per week lead time

Write Your Message!

Captcha
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