Acme Fasteners Desires to Locate a New Facility

question 31

Multiple Choice

Acme Fasteners desires to locate a new facility. Based on preliminary analysis, the choice has been reduced to four locations: A, B, C, and D. These four locations were rated on a scale from 1 (worst) to 10 (best) on each of four criteria. Each criterion was also weighted to indicate its importance (i.e., the higher the weight, the more important) . The list of ratings and weights follows.
Based on weighted scores, where should Acme locate its new facility?

• A) A
• B) B
• C) C
• D) D

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Definitions:

Consideration Issue

A concept in contract law referring to the requirement that both parties exchange something of value for a contract to be enforceable.

Off-Duty Police Officer

A law enforcement officer who is not currently engaged in their official duties or responsibilities.

Postbox Rule

A legal principle that states an offer is considered accepted once the acceptance is sent by the offeree, even if it has not yet been received by the offeror.

Letter Of Revocation

A written document formally cancelling or withdrawing an offer or contract before it has been accepted or become binding.