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

Calculate the cost of cohen''s plan, Forrester and Cohen is a small account...

Forrester and Cohen is a small accounting firm, managerd by Joseph Cohen since the retirement in December of his parnter Brad Forrester. Cohen and his 3 CPA's can together bill 640

Expalin possible core competencies of wild west, Wild west,Inc., is a regio...

Wild west,Inc., is a regional telephone company that inherited nearly 100,000 employees and 50,000 retirees from AT&T. Wild West Inc. has a new mission: to difersify.It calls fo

Explain what are the correlation coefficient, Mark Gershon, owner of a musi...

Mark Gershon, owner of a musical instrument dis-tributorship, thinks that demand for guitars may be related to the number of television appearances by the popular group Maroon 5 du

Explain survival of the fittest, From an evolutionary standpoint, is "survi...

From an evolutionary standpoint, is "survival of the fittest" selfish or selfless?

Fundamentals of Management, Directions: Sources must be cited in APA forma...

Directions: Sources must be cited in APA format. Your response should be four (4) double-spaced pages; refer to the "Assignment Format" page located on the Course Home page for sp

Asseyment, what used materials for made the Turbine blades which endures vi...

what used materials for made the Turbine blades which endures vibrations and saline conditions and why?

Describe installing and servicing personal computer business, You work for ...

You work for a computer parts and software distributor. Your co-worker and friend is starting up a second business installing and servicing personal computers. She asks you not to

What skills will you require to work effectively, What skills will you need...

What skills will you need to work effectively in a strategic alliance organizations?

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