Question: Stacy Ennis eats lunch at a local restaurant two or three times a week. In selecting a restaurant on a typical workday, Stacy uses three

Stacy Ennis eats lunch at a local restaurant two or three times a week. In selecting a restaurant on a typical workday, Stacy uses three criteria. First is to minimize the amount of travel time, which means that close-by restaurants are preferred on this attribute. The next objective is to minimize cost, and Stacy can make a judgment of the average lunch cost at most of the restaurants that would be considered. Finally, variety comes into play. On any given day, Stacy would like to go some place different than in the past week.
Today is Monday, her first day back from a two-week vacation, and Stacy is considering the following six restaurants:
Stacy Ennis eats lunch at a local restaurant two or

a) If Stacy considers distance, price, and variety to be equally important (given the range of alternatives available), where should she go today for lunch?
b) Given your answer to part a, where should Stacy go on Thursday?

Distance Walking Time) 10 Sam's Pizza Sy's Sandwiches Bubba s Italian Barbecue Blue China Cafe The Eating Place The Excel-Soaring Restaurant Average Pice S3.50 $2.85 $6.50 $5.00 S7.50 $9.00

Step by Step Solution

3.47 Rating (170 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

a Stacy has three objectives minimize distance minimize cost and maximize variety Because she has been on vacation for two weeks we can assume that sh... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Document Format (1 attachment)

Word file Icon

668-M-S-S-M (951).docx

120 KBs Word File

Students Have Also Explored These Related Statistics Questions!