Question: Using the factor rating (or equivalent the factor scoring) approach we studied in class and modified as appropriate, which site do you recommend? Why? If

Using the factor rating (or equivalent the factor scoring) approach we studied in class and modified as appropriate, which site do you recommend? Why? If any information in the table is missing, this needs to be filled in again using the factor rating (or factor scoring) method as we have learned it.
East Coast Manufacturing, Inc. plans to locate a new production facility in Hartford, Philadelphia, or Baltimore. Six location factors are important: cost per product unit, labor availability, union activities, local transportation, proximity to similar industry and proximity to raw materials. The weighting of these factors, the scale for each factor and the scores for each location are shown below. Different SME's (subject matter experts) scored each of the non-economic factors. So, unfortunately, the scores for the non-economic factors are scaled differently. The scales are indicated on the table. On the scale, the highest score is always the best value. For example, for the scale 1-5, the best value is 5. For each of the Non-economic factors, it is possible to score the maximum. Scale Location Factor Cost per product unit Labor availability Union activities Local transportation Proximity to raw materials Factor Weight 0.55 0.10 0.10 0-5 0-3 0-3 0-1 Hartford $48 2.5 2.7 1.2 0.7 Philadelphia $59 4.0 1.8 2.4 0.6 Baltimore $52 4.0 0.9 2.4 0.4 0.15 ??? For the following, calculate all results three decimal place (example, 0.xxx or XXXX)Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
