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 database systems design implementation management, It says that the...

It says that there is guided sulotions available for Database Systems Design Implementation Management i bought the Ebook but i cant find it, can someone tell me where i can find t

Explain loosening the constraints, Which of the following actions would exp...

Which of the following actions would expand the feasible region of an LP model? A.Loosening the constraints. B.Tightening the constraints. C.Multiplying each constraint by

Explain what is the annual rate of return, You discover an antique in your ...

You discover an antique in your attic that you purchased at an estate sale 10 years ago for $400. You auction it in eBay and receive $8000 for your item. What is the annual rate of

Explain relationship between planning and organizing, Fully describe relati...

Fully describe relationship between planning and organizing. Explain how the controlling function does or does not relate significantly to the planning function.

Define what pepsi do better to respond to global ethical, Answer the follow...

Answer the following questions on the Topic of Ethics / Pepsi 1 Pepsi asserts that its products meet all applicable government safety standards. From an ethical perspective, is

Define the importance of management systems, 1. Propose a definition of inn...

1. Propose a definition of innovation in your own words (50-100 words). 2. Compare the concepts of innovation, invention, and creativity. 3. Describe the relationship between

Explain management''s responsibility regarding risk, There is a puzzle in r...

There is a puzzle in regard to risk. What is management's responsibility regarding risk? At what level(s) does each aspect of risk management lie?

Which new market was opened when apple introduced itunes, 1. When App...

1. When Apple introduced iTunes, a new market was opened. Which of the following describes this type of innovation? a. Value capture b. Presence c. O

Explain should audio cables buy the new equipment, Audio cables, INC. is cu...

Audio cables, INC. is currently manufacturing an adapter that has a variable cost of $.50 per unit and a selling price of $1.00 per unit. Fixed cost are $14,000. Current sales volu

Explain development impacted shangri la hotel strategy, Assess how employee...

Assess how employee training and development impacted Shangri La Hotel strategy to delight customer each and every time.

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