02: You are to select a site for a new facility where there are seven potential...
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02: You are to select a site for a new facility where there are seven potential site locations. The key attributes/criteria (A, B, C, and D) for the facility and their weights of importance (percentages) along with the seven sites are indicated in Table 1. Table 1. Site-Plan Data and Alternatives' Scores Site Alternative 1 2 3 4 5 A (0.164) 6 58 39 60 85 42 37 Function I: Vi = wix Σέως Wi Function II: Vi = min{x{} Attributes (Weights) B (0.185) 89 I 11 15 21 29 70 C (0.206) 32 99 61 39 35 47 82 D (0.445) 51 21 14 97 41 For the following three performance functions described below, evaluate site alternatives. Which site do you recommend for each performance function? 56 76 Function III: V = {[(x + M)" - M} Comment i is up for attributes, and j is up for alternatives. w; represents the weights of attributes. x represents the scores of alternatives (1) due to attributes (i). V) is the overall score of alternative j. Finally, p is total number of attributes. II is the product operator. It multiplies the terms of a sequence. For the type III performance function, you choose an integer scoring scale (M) from (-5,...,0,..., +5) interval. 02: You are to select a site for a new facility where there are seven potential site locations. The key attributes/criteria (A, B, C, and D) for the facility and their weights of importance (percentages) along with the seven sites are indicated in Table 1. Table 1. Site-Plan Data and Alternatives' Scores Site Alternative 1 2 3 4 5 A (0.164) 6 58 39 60 85 42 37 Function I: Vi = wix Σέως Wi Function II: Vi = min{x{} Attributes (Weights) B (0.185) 89 I 11 15 21 29 70 C (0.206) 32 99 61 39 35 47 82 D (0.445) 51 21 14 97 41 For the following three performance functions described below, evaluate site alternatives. Which site do you recommend for each performance function? 56 76 Function III: V = {[(x + M)" - M} Comment i is up for attributes, and j is up for alternatives. w; represents the weights of attributes. x represents the scores of alternatives (1) due to attributes (i). V) is the overall score of alternative j. Finally, p is total number of attributes. II is the product operator. It multiplies the terms of a sequence. For the type III performance function, you choose an integer scoring scale (M) from (-5,...,0,..., +5) interval.
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Lets evaluate each site according to the three performance functions given for each function Function I Vj fracsumi1p xijwisumi1pwi This formula is a ... View the full answer
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Financial Accounting Theory and Analysis Text and Cases
ISBN: 978-1118582794
11th edition
Authors: Richard G. Schroeder, Myrtle W. Clark, Jack Cathey
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