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

Find the specific challenges with overlapping, Explain in detail the greate...

Explain in detail the greatest challenge facing law enforcement agencies in investigating exploitation, cyber stalking, and obscenity. Identify the specific challenges with overlap

Determine factors creating competitive strategy of business, Determine the ...

Determine the factors that should be evaluated when creating competitive strategy of a business. For each factor, indicate its significance. Provide support for your answer. Evalua

Sequencing., minimise the operation procedure

minimise the operation procedure

Office management, how can we cover and understand the gaps in our company?...

how can we cover and understand the gaps in our company? and what is the slosh-an

Explain what are america''s and today''s workers, What are America's and to...

What are America's and today's workers view of the labor unions?

Explain system for evaluating the productivity, As the administrative manag...

As the administrative manager in a law office, you have been asked to develop a system for evaluating the productivity of the 15 lawyers in the office. What difficulties are you go

Explain bottom-up and top-down estimating approaches, What are the differen...

What are the differences between bottom-up and top-down estimating approaches? Determine advantages and disadvantages for using each approach. Under what conditions would you prefe

Explain wastewater treatment plant, Visit the site: Wheaton, IL Sanitary Di...

Visit the site: Wheaton, IL Sanitary District. This tour of a wastewater treatment plant is an example of a high-volume, public project. • How is capacity defined at a wastewate

Observation of behaviour of company - service process matrix, Observation o...

Observation of behaviour of company - Service Process Matrix Schmenner observes that many service industries seem to be adopting competitive stances which imply moving up the

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