A company 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 this company locate its facility?
Criterion Weight A B C D
Wages 40 4 5 3 7
State Govt Policies 30 8 5 7 5
Unionism 20 3 4 3 2
Weather 10 7 3 6 4
Detailed explanation/step by step solution with equations please.