Katie Reynolds owns two exclusive womens clothing stores in Miami. In her plan to expand to a
Question:
Katie Reynolds owns two exclusive women’s clothing stores in Miami. In her plan to expand to a third location, she has narrowed her decision to three sites—one in a downtown office building, one in a shopping mall, and one in an old Victorian house in the suburban area of Coral Gables. She feels that rent is absolutely the most important factor to be considered, although walk-in traffic is 90% as important as rent. Further, the more distant the new store is from her two existing stores, the better. She weights this factor to be 80% as important as walk-in traffic. Katie developed the following table, in which she graded each site from A to D, with A being best. Which site is preferable?
Step by Step Answer:
Operations Management Sustainability And Supply Chain Management
ISBN: 9780135173626
13th Edition
Authors: Jay Heizer, Barry Render, Chuck Munson