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A certain organization trying to decide where to locate their future factory is considering three locations. They are taking into account three factors: labor costs,
A certain organization trying to decide where to locate their future factory is considering three locations. They are taking into account three factors: labor costs, currency stability, and proximity to market. Using the weights for each factor listed below and the scores achieved by each of the three considered locations, determine which location should be chosen for the new facility based on the weighted factory location model.
SCORES (Maximum 100) | ||||
FACTOR | WEIGHT | SITE A | SITE B | SITE C |
Labor Cost | 0.20 | 92 | 82 | 84 |
Currency Stability | 0.30 | 75 | 85 | 88 |
Proximity to Market | 0.35 | 80 | 50 | 75 |
Taxes | 0.15 | 69 | 88 | 91 |
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