(x) Problem 8.8 Question Help Marilyn Helm Retailers is attempting to decide on a location for a new retail outlet. At the moment, the firm has three alternatives: stay where it is but enlarge the facility; locate along the main street in nearby Newbury; or locate in a new shopping mall in Hyde Park. The company has selected the four factors listed in the following table as the basis for evaluation and has assigned weights as shown: Present Location Newbury 60 Factor Factor Description 1 Average community income 2 Community growth potential 3 Availability of public transportation 4 Labor availability, attitude, and cost Weight 0.40 0.15 0.20 0.25 40 15 20 Hyde Park 55 75 50 50 25 55 50 75 a) Based on the given information, the best location for Marilyn Helm Retailers is to open the new retail outlet in Hyde Park with a total weighted score of 55.75 . (Enter your response rounded to two decimal places.) b) A new subway station is scheduled to open across the street from the present location in about a month, so its third factor score should be raised to 75. Then, the best location for Marilyn Helm Retailers is to open the new retail outlet in with a total weighted score of . (Enter your response rounded to two decimal places.) Present Location Hyde Park Newbury