Free Essay

Choosing an Office

In: Business and Management

Submitted By bs93880
Words 457
Pages 2
Choosing an Office
Alex Smith
Jones International University
April 23, 2015
Choosing an Office The first step that I needed to do is to work with Alan to convert the consequences table shown on p. 91 to a preferences table. Clearly, on commuting time, Baranov is his “best” (100 points), Parkway his worst (0 points). He rates the others as shown on line 1 in the table below. Once completed, the preference table looks like this:
Objectives Parkway Lombard Baranov Montana Pierpoint
Commute 0 80 100 80 50
Access 0 80 60 100 70
Services 100 60 0 100 0
Size 90 80 0 100 80
Cost 10 50 100 0 40

It is fairly clear looking at the table that Lombard dominates Pierpoint, and that Montana practically dominates Parkway. But first let me go ahead and elicit the swing weights that Alan proposes:
Commute 1.0
Access 1.5
Services 1.2
Size 3.0
Cost 1.0

Using the above weights I have to calculate an overall preference score for each location as follows:

Parkway

Lombard

Baranov

Montana

Pierpoint

Alan’s Commute

0

0x1=0

80

80x1=80

100

100x1=100

80

80x1=80

50

50x1=50

Client Access

0

0x1.5=0

80

80x1.5=120

60

60x1.5=90

100

100x1.5=150

70

70x1.5=105

Office Services

100

0x1.2=0

60

60x1.2=72

0

0x1.2=0

100

100x1.2=120

0

0x1.2=0

Office Size

90

90x3.0=270

80

80x3.0=240

0

0x3.0=0

100

100x3.0=300

80

80x3.0=240

Monthly Cost

10

10x1.0=10

50

50x1.0=50

100

100x1.0=100

0

0x1.0=0

40

40x1.0=40

TOTAL

400

562

290

650

435

If you take an objective look at the table on a scale of one to five you see this:
Objectives Parkway Lombard Baranov Montana Pierpoint
Alan’s Commute 45 25 20 25 30
Client’s Access 50 80 70 85 75
Office Services A B C A C
Office Size 800 700 500 950 700
Monthly Cost $1,850 $1,700 $1,500 $1,900 $1,750

In making recommendations based upon the preference scores for each location I feel that Montana would be the best office space for Alan to choose. I based this upon the fact that Montana has more office space per size, the best commute, the client’s access, the office services, and the monthly cost. It is evident that Montana cost is higher but in looking at the other objectives Montana is the best choice for the office space site.

References
Hammond, J. S., Keeney, R. I., & Raiffa, H. (1999). Smart choices: A practical guide to making better life decisions. Harvard School Press

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