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Northeastern Insurance Company is considering opening an office in the U.S. The two cities under consideration are Philadelphia and New York. The factor ratings
Northeastern Insurance Company is considering opening an office in the U.S. The two cities under consideration are Philadelphia and New York. The factor ratings (higher scores are better) for the two cities are given in the following table. Factor Weight Philadelphia New York Customer convenience 0.30 70 75 Bank accessibility 0.20 35 95 Computer support 0.20 85 75 Rental costs 0.15 95 55 Labor costs Taxes 0.10 75 55 0.05 85 45 Based on the given information, the best location for Northeastern Insurance Company to open the office is with a total weighted score of (Enter your response rounded to two decimal places.)
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