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) 30
90
80
80
Currency Stability
0) 40
80
85
80
Proximity to Market
0) 30
80
80
80
A) Site A
B) Site B
C) Site C
D) All sites are equally attractive
Correct Answer:
Verified
Q3: Regional trade agreements and the World Trade
Q7: While business clusters seem logical in well-established
Q12: Many multinational corporations are moving their facilities
Q23: Examples of regional trade agreements include all
Q26: Which of the following regional trade agreements
Q27: Some companies import components,use them in the
Q30: The World Economic Forum creates International Competitive
Q31: Your company needs to determine the appropriate
Q35: Which of the following issues is (are)important
Q39: Which of the following strategic foreign facilities
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents