Problem 1 A restaurant chain is considering opening a new location. It has considered many factors and identified the ones that are most important. Three locations are being evaluated based on these factors. Each location has been evaluated on these factors, using a 5-point scale (1-least favorable; 5-most favorable). The weights used reflect the importance of each factor and are between 0% and 100%. The data are shown in the following table. Factor Proximity to customers Proximity to competition Proximity to labor supply Transportation system Quality of life Score (on a 5-point scale) Weight Location 1 location 2 Location 3 30% 5 2 3 10% 4 2 5 30% 2 5 4 20% 5 3 2 10% 3 5 4 a. Which location should be selected? b. What would be the decision if the factors are equally likely