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

Define uninformed aspiring international business executive, "U.S Managemen...

"U.S Management theories contain a number of idiosyncrasies not necessarily shared by management elsewhere"...and then proceeds to mention three specific examples. Why might these

Explain what advice might herzberg give bridget, Bridget Jones has been the...

Bridget Jones has been the manager of the research office at her company for over a year. She is beginning to wonder if she will ever be comfortable in this role. Her employees see

Depict the project network using aon, Task time estimates for a production ...

Task time estimates for a production line setup project at Robert Klassens Ontario factory are as follows: Activity Time (in hours) Immediate Predecessors A 6.0 B 7.2 C 5.0 A D 6.0

Explain the e-activity, "Big Box" Please respond to the following: •From th...

"Big Box" Please respond to the following: •From the video, determine if it is the responsibility of an organization to pay its workers a "living wage." Explain your rationale. •Fr

Explain what problems associated with planned change, What problems associa...

What problems associated with planned change should the OD practitioner be aware of? How might such problems be overcome?

Describe shared storage policies and list example, Define shared storage po...

Define shared storage policies and list example that it is practice in real life?

Evaluate website effectiveness, Choose any company website and evaluate its...

Choose any company website and evaluate its effectiveness. Write an essay of between 750-1000 words, double-spaced, focusing on such topics as the web site's attractiveness and the

Explain creating a constant flow of new products, Explain creating a consta...

Explain creating a constant flow of new products or continually updating and improving the current product line: Within a product planning activity, this is clear that b

LP, SHAYO & Sons is a canning company in Arusha that currently operates two...

SHAYO & Sons is a canning company in Arusha that currently operates two small canning State Mining Corporation (SMC) is establishing a production plan for the current week at its M

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