Question: Rusty Reiker is looking for a location to build a new restaurant. He has narrowed the options down to three possible locations. The following table
Rusty Reiker is looking for a location to build a new restaurant. He has narrowed the options down to three possible locations. The following table summarizes how he rates each location on the criteria that are most important to his business.
.png)
Upon reflection, Rusty decides that the weights he would assign to each criterion are as follows: Price 20%, Accessibility 30%, Traffic Growth 20%, and Competition 30%.
a. Create a multicriteria scoring model for this problem.
b. Create a radar chart showing the weighted scores for each location on each of the criteria.
c. According to this model, which location should Rustypurchase?
Location Location 2 Location 3 0.7 0.7 0.8 0.5 Criterion Price Accessibility Traffic Growth Competition 0.9 0.6 0.9 0.4 0.4 0.8 0.7 0.8
Step by Step Solution
3.28 Rating (166 Votes )
There are 3 Steps involved in it
a Criterion Location 1 Location 2 Location 3 Price 09 07 04 Accessibility 06 07 ... View full answer
Get step-by-step solutions from verified subject matter experts
Document Format (1 attachment)
167-B-M-L-M-D-A (500).xlsx
300 KBs Excel File
