Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Operation Management Expert

Robert Landau is considering three job offers. In trying to decide which to accept, Robert has concluded that three objectives are important in this decision. First, of course, is to maximize disposable income-the amount left after paying for housing, utilities, taxes, and other necessities.

Second, Robert likes cold weather and enjoys winter sports. The third objective relates to the quality of the community. Being single, Robert would like to live in a city with a lot of activities and a large population of single professionals. Robert has done his homework on the locations of the three job offers.

He has determined the type of apartment he could get, determining disposable income. He has decided to use annual snowfall to determine the value of his second objective. For his third objective, Robert found a recent magazine survey of large cities that scores those cities as places for single professionals to live.

Although the survey isn't perfect from Robert's point of view, all three of the cities where he has offers are included in the survey. The disposal income objective is most important, twice as important as each of the other two criteria. The second and third criteria are equally important. Here is a summary of each of the locations:

1) ZDR Technology in Kingman, AZ: Disposable income estimate: $1,600/month; snowfall average: 320 cm; magazine score: 50.

2) Minne Digital in Minneapolis, MN: Disposable income estimate: $1,300 to 1500/month; snowfall average 400 cm; magazine score: 75.

3) Wharf Consulting in San Francisco, CA: Disposable income estimate: $1,200/month; snowfall average: negligible; magazine score: 95.

(a) What is Robert's problem or opportunity in this situation?

(b) What is the overall objective for Robert's decision? What are the fundamental objectives that support the overall objective?

(c) What are Robert's alternatives for this decision situation?

(d) Evaluate this decision situation using tradeoffs or a weighted scoring model. Based on that analysis, to which location should Robin select?

Operation Management, Management Studies

  • Category:- Operation Management
  • Reference No.:- M92783006

Have any Question?


Related Questions in Operation Management

Discussion business-level strategy please respond to the

Discussion : "Business-Level Strategy" Please respond to the following: From the first e-Activity, assess your satisfaction with the company you researched and make recommendations about how that company could modify its ...

Target corporation is the second-largest discount store

Target Corporation is the second-largest discount store retailer in the United States, behind Walmart, and a component of the S&P 500 Index. Founded by George Dayton and headquartered in Minneapolis, Minnesota, the compa ...

1 why should environmental concerns be studied by students

1. Why should environmental concerns be studied by students in higher level education institutions ? 2. Life changing technology is easy to fall in love with. Describe a feature of a product that did it for you and highl ...

Suppose you work for an online sporting goods retailer

Suppose you work for an online sporting goods retailer. You’ve been hired as a business analyst with the task of increasing sales. Describe how you could use RFM and market-basket analysis to increase the sales of sporti ...

1 suppose that johnrsquos faulty driving causes an accident

1. Suppose that John’s faulty driving causes an accident that injures another driver, Ben. Ben was not at fault in his driving, but he was not wearing his seat belt, and this fact aggravated his personal injury. Discuss ...

Suppose a company made 2000000 in revenue last year the

Suppose a company made $2,000,000 in revenue last year. The cost of goods sold was $85,000 last year, and the average inventory value for the year was $50,000. a) What was the inventory turnover of the company? Please in ...

Assignmentcompare and contrast the fundamental differences

Assignment Compare and contrast the fundamental differences between special-cause variation and common-cause variation. Provide one (1) business process example of each variation to support your response. Select one (1) ...

1 what were the major ideological concerns of the artist of

1. What were the major ideological concerns of the artist of the black art movement? To what extent did Baldwin in Amir have similar views about art contest this in politics? 2. What are some of the reasons Medicaid mana ...

1 is there room for ethics of care in our capitalist

1. Is there room for Ethics of Care in our capitalist society? What should that role be? 2. Is “Ethics” for leaders any different that for followers, or should it be? 3. What are the major differences among and ophthalmo ...

1 what are some of the key elements that should be part of

1. What are some of the key elements that should be part of procurement contract negotiation? 2. What kinds of problems can arise in contract negotiations? 3. How would you avoid or resolve such problems?

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As