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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 (higher scores

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

0.25

65

80

Bank accessibility

0.20

45

95

Computer support

0.20

80

80

Rental costs

0.15

95

60

Labor costs

0.10

80

45

Taxes

0.10

90

45

Part 2

Based on the given information, the best location for Northeastern Insurance Company to open the office is

Philadelphia

New York

, with a total weighted score of

enter your response here.

(Enter your response rounded to two decimal places.)

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