the Vice President of Franchise Services for the Lucky restaurant chain
You are the Vice President of Franchise Services for the Lucky restaurant chain. You have been assigned the task of evaluating the best location for a new Lucky
restaurant. The CFO has provided you with a template that includes 6 criteria (attributes) tha
Rеvіew the infоrmаtion and data regarding the different alternatives for a new restaurant location. Then do the following in Excel:
Table 1: Develoр an MADM table with the raw data.
Table 2: Convert the raw data to utilities (scaled on 0 to 1). Show the utility weights in a second table.
Table 3: Develop a third table with even weights (16.7%) for each variable.
Evaluate Table 3 for the best alternative.
Table 4: Complete a sensitivity analysis by assigning weights to each variable.
In a Word document, do the following:
Discuss the process used to put together Tables 1–4 above.
Provide the rationale you used for choosing for each of the weights you used in Table 4.
Give your recommendation of which location the company should choose (based on results of Table 4).