Question: A clothing chain is considering two different locations for a new retail outlet . They have identified the four factors listed in the following table
A clothing chain is considering two different locations for a new retail outlet They have identified the four factors listed in the following table as the basis for evaluation and have assigned weights as shown The manager has rated each location on each factor on a point basis as shown under the respective columns for Barclay and Chester Using the factor rating method the score for Barclay is and for Chester it is Factor Factor Weight Barclay Chester Description Average communityincome Communitygrowthpotential Availability of public transportation Labor cost Formulas needed for this question : Weighted Score sumWeight i Score i ; WeiohtiWeight of factor i Score Score of the location in factor i
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