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 a computer-supply mail order house has a memory chip, A computer-su...

A computer-supply mail order house has a memory chip in inventory that it sells to customers around the country. A Japanese manufacturer supplies the item using airfreight. It has

Explain the scope of an external customers project, Project sponsors within...

Project sponsors within the contractors company have the authority to change the scope of an external customers project as they see fit. Answer Have the authority to change t

Explain the challenges faced by front-line employees, Discuss how front-lin...

Discuss how front-line employees are critical to customer assessment of service quality. Identify the challenges faced by front-line employees.

Explain deviance and a moderate level of cohesiveness, Why is it important ...

Why is it important for groups and teams to have a balance of conformity and deviance and a moderate level of cohesiveness?

Explain employee for a top management position, Which would be the required...

Which would be the required qualifications to consider an employee for a top management position?

Chart display the possible causes of the defective shipments, Boston Electr...

Boston Electric Generators has been getting many complaints from its major customer, Home Station, about the quality of its shipments of home generators. Daniel Shimshak, the plant

Explain compensation as a motivator of behavior, 1. Does your company's com...

1. Does your company's compensation plans help to attract and retain people with the right skills, knowledge and motivation to help the company succeed? Explain.Company;NYC Dept. f

Describe the concepts of lean production, Explain the concepts of lean prod...

Explain the concepts of lean production. Describe its relation to Six Sigma. Please provide examples of the pros and cons for linking them.

Explain perspective of the target audience for webcams, What is your perspe...

What is your perspective of the target audience for webcams?

Explain lean prospective and identify the types of waste, Think about any c...

Think about any class (undergraduate or graduate) in which you worked on a class project. Think about the process you went through in order to complete this final project. a. li

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