Insurance Company of Latin America (ILA) is considering opening an office in the U.S. The two...

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Insurance Company of Latin America (ILA) is considering opening an office in the U.S. The two cities under consideration are Philadelphia and New York. The factor ratings (higher scores are better) for the two cities are given in the following table. Factor Weight 0.25 Customer convenience 0.20 Bank accessibility Computer support Rental costs Labour costs Taxes 0.20 0.15 0.10 0.10 FITT Philadelphia New York Based on the given information, the best location for Insurance Company of Latin America to open the office is with a weighted score of (Enter your response rounded to two decimal places.) Philadelphia New York Insurance Company of Latin America (ILA) is considering opening an office in the U.S. The two cities under consideration are Philadelphia and New York. The factor ratings (higher scores are better) for the two cities are given in the following table. Factor Weight 0.25 Customer convenience 0.20 Bank accessibility Computer support Rental costs Labour costs Taxes 0.20 0.15 0.10 0.10 FITT Philadelphia New York Based on the given information, the best location for Insurance Company of Latin America to open the office is with a weighted score of (Enter your response rounded to two decimal places.) Philadelphia New York