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A manufacturer is considering five alternative locations for setting up its factory. Using the information given in the table obtain a ranking and tell the best location for setting the factory?
Factors Relative Weight Location 1 Location 2 Location 3 Location 4 Location 5
Availability of infrastructure 0.28 20 40 55 35 60
Size of market 0.18 30 30 80 60 40
Industrial relation climate 0.15 80 30 50 60 50
Tax benefits 0.09 80 20 20 20 10
Availability of cheep labour 0.09 70 70 50 50 45
Nearness to port 0.20 20 40 60 50 90

A. Location 2

B. Location 3

C. Location 4

D. Location 1 and 5

Answer: Option B


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