Nina is trying to decide in which of four shopping centers to locate her new boutique. Some
Question:
Nina is trying to decide in which of four shopping centers to locate her new boutique. Some cater to a higher class of clientele than others, some are in an LO8 indoor mall, some have a much greater volume than others, and, of course, rent varies considerably. Because of the nature of her store, she has decided that the class of clientele is the most important consideration. Following this, however, she must pay attention to her expenses, and rent is a major item—probably 90 percent as important as clientele. An indoor, temperature-controlled mall is a big help for stores such as hers where 70 percent of sales are from passersby slowly strolling and window shopping.
Thus, she rates this as about 95 percent as important as rent. Last, a higher volume of shoppers means more potential sales; she thus rates this factor as 80 percent as important as rent.
As an aid in visualizing her location alternatives, she has constructed the following table. A
“good” is scored as 3, “fair” as 2, and “poor” as 1. Use a weighted score model to help Nina come to a decision.
Location 1234 Class of clientele fair good poor good Rent good fair poor good Indoor mall good poor good poor Volume good fair good poor
Step by Step Answer:
Project Management In Practice
ISBN: 9780470121641
3rd Edition
Authors: Samuel J. Mantel Jr., Jack R. Meredith, Scott M. Shafer, Margaret M. Sutton