The Fifth Step in the Weighted-Factor Rating Technique Is to

question 13

Multiple Choice

The fifth step in the weighted-factor rating technique is to

• A) Multiply each factor score by its weight and sum the weighted scores for each location
• B) Identify all factors considered important to the facility location decision
• C) Select the location with the highest total weighted score
• D) Assign a performance score to each factor for each location

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Definitions:

Specific Offering

A distinct product or service presented to the market by a business.

Market

A place or arena where buyers and sellers meet to exchange goods and services, often described in terms of the number of buyers and sellers, the nature of the goods and services, and the process of exchange.

Canned Food

Food items that have been preserved by sealing in airtight containers and then heat sterilized for long-term storage.

Single-Serving Sizes

Packaged products designed to be consumed in one sitting, offering convenience and portion control.