The Zhao family of Atlanta, Georgia, is planning its annual summer vacation. Three vacation locations along with criteria weightsand location ratings follow. What is the recommended vacation location?CriteriaTravel distanceVacationEntertainment availableOutdoor activitiesUnique experienceFamily funO Myrtle Beach, South CarolinaOSmoky MountainsBranson, MissouriWeight253245Myrtle Beach,South Carolina557958RatingsSmokyMountains964699Branson,Missouri384598

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Answered: The Zhao family of Atlanta, Georgia, is…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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Evaluating location alternatives by comparing their composite(weighted-average) scores involvesa) factor-rating analysis.b) cost–volume analysis.c) transportation model analysis.d) linear regression analysis.e) crossover analysis.
1. Using the center-of-gravity method, compute the centralized coordinates among the following locations, which are indicated via black cells with white text in LOCATION.xlsx: 7,1 10,1 4,2 2,5 6,6 9,6 2,8 6,10 2. Using the weighted average center-of-gravity, which accounts for quantities to be shipped from locations, compute the centralized coordinates among the following locations: 7,1 10,1 4,2 2,5 6,6 9,6 2,8 6,10 *Quantities to be shipped are listed within the existing locations (i.e. Location 7,1 ships 17 units) in LOCATION.xlsx
Careful selection of location is significant in the success of a business. Which among the following is a technique or model used for location decisions O a. Enterprise Resource Planning O b. Linear Regression Method Oc Weighted Factor Comparison Method O d. Historic Method
Maya ltd. wants to use the Centre of Gravity location technique to determine where to setup itsdistribution centre.I. What is the main objective of using this technique? II. What information will be needed in order to use this technique? III. Setup a numerical example that can be used to demonstrate to the owner of thecompany how the technique can be used. IV. Use the numerical example set up above to demonstrate how the centre of gravitylocation technique is used.
Select all of the examples of companies locating a facility because of market асcess. O A company that supplies products to the US and European markets locates their production facility in southeast Asia. A major retailer is located in several major cities across the country. O A company locates a processing facility adjacent to the supplier's mining operations. O A business management consulting firm locates in the same cities as prestigious universities.
A manager received an analysis of several cities being considered for a new office complex. The data (10 points maximum) are as follows: Factor Business services Community services Real estate cost Construction costs Cost of living Taxes Transportation A с Thus, Location Score A A B с Thus, 17 17 17 8 6 4 3 2 8 9 B 6 6 Click here for the Excel Data File a. If the manager weights the factors equally, how would the locations stack up in terms of their composite factor rating scores? 8 7 7 19 19 19 5 7 is/are the best. C 6 7 7 6 8 b. If business services and construction costs are given weights that are double the weights of the other factors, how would the locations stack up? is/are best and 4 8 is/are least desirable.
10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 A 25 26 27 28 29 30 B с 1 2 Based on the city distance dataset as follows: 3 4 5 6 7 8 9 1 Boston 2 Chicago 3 Dallas 4 Denver 5 LA 6 Miami 7 Phoenix 8 Seattle D Phoenix Chicago Denver Dallas 0 983 1815 1991 3036 1539 2664 2612 Boston Chicago Dallas Total trip miles by the traveler: Index Cities Seattle LA E Total trip miles 983 0 1205 1050 2112 1390 1729 2052 F Distance 1815 1205 0 801 1425 1332 1027 2404 G Denver LA 1991 1050 801 0 1174 2100 836 1373 H 3036 2112 1425 1174 0 2757 398 1909 I Miami 1539 1390 1332 2100 2757 0 2359 3389 J K Phoenix Seattle 2664 1729 1027 836 398 2359 0 1482 A resident of Seattle is embarking on a road trip that takes her to Los Angeles, Phoenix, Chicago, Denver, Dallas, and finally go back to Seattle. How many miles will she travel on this trip? Hint: Use INDEX and MATCH to answer the above question. 2612 2052 2404 1373 1909 3389 1482 0 L M N
Which of the following techniques works for location analysis for both service/retail/professional organizations as well as goods-producing organizations? A. Transportation method B. Traffic counts C. Factor-rating method D. Demographic analysis of drawing area.
Dennison Manufacturing makes large helical springs used inaircraft landing gear. The company has narrowed its potentialchoices for its new manufacturing facility to four cities. Thefollowing information is known about the manufacturing andshipping costs of locating in each of these four cities: a. Use break-even point analysis to determine where Den-nison should locate.b. Based solely on break-even quantity, if Dennison’s manu-facturing forecast for the foreseeable future is 40,000 unitsannually, where should he locate?
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A food manufacturer wants to locate a warehouse to serve its major The customers, annual volume, and the X and Y coordinates are shown in the table below. Customer Annual Volume X-Coordinate Y-Coordinate Judy inc. 25 3 7 Zac Supermarket 13 5 2 Harry Inc. 6 8 4 Sky Productions 4 1 5 Using the center of gravity location technique, determine the location coordinates that will minimize the transportation costs for their family of products.

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The Zhao family of Atlanta, Georgia, is planning its annual summer vacation. Three vacation locations along with criteria and location ratings follow. What is the recommended vacation location? Criteria Weight Ratings Myrtle Beach, Smoky Branson, South Carolina Mountains Missouri