Question
An entrepreneur is considering three locations for his newest restaurant. Costs are similar at all locations, but other relevant factors are show below. The
An entrepreneur is considering three locations for his newest restaurant. Costs are similar at all locations, but other relevant factors are show below. The minimum acceptable composite score is 3. Location 3 2 2 Factor Appearance Weight .20 Location 1 Score (out of 5) Location 2 5 3 Ease of Expansion .10 4 4 Proximity to Market .20 Customer Parking .15 Accessibility .15 Competition Labor Supply .10 .10 3324 25523 5 3 3 5 LC 3 4 1. Using factor rating, calculate each location's composite score a. Location 1 [3.80] b. Location 2 [3.05] C. Location 3 [3.40] 2. Which location would you recommend? [Location 1] 3. If a minimum composite score of 3.95 is required, which location would you choose? [None]
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started