Question: A clothing chain is considering two different locations for a new retail outlet. The organization has identified the four factors listed in the following table
A clothing chain is considering two different locations for a new retail outlet. The organization has identified the four factors listed in the following table as the basis for evaluation, and has assigned weights as shown on the right side of this table. The manager has rated each location on each factor, on a 100-point basis (higher scores are better), as shown in the right-hand table. Calculate the composite score for each alternative location. And Which site should be chosen? (3 Grades)
| Factor | Factor Description | Weight |
| 1 | Average community income | .40 |
| 2 | Average family size | .15 |
| 3 | Availability of public transportation |
|
| 4 | Labour cost | .20 |
| Toronto | Vaughan |
| 85 | 65 |
| 60 | 80 |
| 35 | 80 |
| 80 | 60 |
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
