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 modifications to the franchisor''s product offering, Do you think t...

Do you think that franchisors should allow franchisees to make modifications to the franchisor's product offering, explain? Please put in your own words

Total operation system, critically discuss the total operation system, poli...

critically discuss the total operation system, policies and practices of an organization

Describe worker adjustment and retraining notification act, Outline the pro...

Outline the provisions of the Worker Adjustment and Retraining Notification Act (WARN) of 1988 stating its rules, liabilities, and loopholes. Discuss the reasons why this act was c

Explain contract governed by common law or the ucc, The paper must be four ...

The paper must be four to five pages excluding title page and reference pages, following APA format. Address all of the following parts of this assignment: Suppose that the F

What order quantity will minimize the total inventory cost, Question: Y...

Question: You are the Operations Manager at Alien University and one of your responsibilities is to manage the supplies of the University. One of your suppliers has given you

Explain early european explorations of the americas, Need information on th...

Need information on this; did not receive my textbook as of yet European Explorations Debate the pros and cons of the early European explorations of the Americas. Should thes

Explain grievances handling, Explain grievances handling. Grievances H...

Explain grievances handling. Grievances Handling: Individual workers generally have some complaints termed as grievances against the working rules of the business enterprise,

Benefits long-term employees in the firm''s home country, Under what condit...

Under what conditions is it ethically defensible to outsource production to a developing world where labor costs are lower when such actions also involve laying off long-term emplo

Account receivable of $4, Slighty Used Goods has Cash of $2,150 inventory o...

Slighty Used Goods has Cash of $2,150 inventory of $28,470, fixed assets of $9,860, accounts payable of $11,900, and account receivable of $4,660. What is the cash ratio?

Assignment, propose process improvement, and justify your reasons for the i...

propose process improvement, and justify your reasons for the improvements, to the flowchart for answering calls

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