Question 1

Which of the following is not a basic step in the location decision process?

Accepted Answer

A) Identify important search parameters and factors 
B) Gather information on appropriate sites 
C) Visit short-listed sites 
D) Evaluate the alternatives and make a selection 
E) Evaluate access to available technology. 
A) Identify important search parameters and factors 
B) Gather information on appropriate sites 
C) Visit short-listed sites 
D) Evaluate the alternatives and make a selection 
E) Evaluate access to available technology.

Question 2

A manager must decide between two location alternatives,Montreal and Toronto.Montreal would have annual fixed costs of $80,000,transportation costs of $80 per unit,and labour and material costs of $70 per unit.Toronto would have annual fixed costs of $150,000,transportation costs of $20 per unit,and labour and material costs of $80 per unit.Revenue will be $250 per unit.
(i)Which alternative would yield the higher profit for an annual demand of 2,000 units?
(ii)At what volume (quantity)would the manager be indifferent in terms of which of the two locations were chosen? What would the profit be at that volume?
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Accepted Answer

(i)Montreal profit @2,000: 2000($250 - $

Question 3

Large national and international retailers such as Walmart,Sears,and Future Shop typically avoid locating in the same area as their competitors when opening a new store in a particular city.

Accepted Answer

A) True 
 B)False

Question 4

Which of the following is not an accurate statement concerning location decisions?

Accepted Answer

A) Location decisions are influenced by the availability of labour. 
B) The starting point for location decision process is developing a list of potential locations. 
C) Location decisions generally involve long-term commitments. 
D) Visiting a number of potential sites is typically part of the location decision process. 
E) An organization's position in the supply chain influences location decisions. 
A) Location decisions are influenced by the availability of labour. 
B) The starting point for location decision process is developing a list of potential locations. 
C) Location decisions generally involve long-term commitments. 
D) Visiting a number of potential sites is typically part of the location decision process. 
E) An organization's position in the supply chain influences location decisions.

Question 5

For service and retail stores,a prime factor in location analysis is customer access.

Accepted Answer

A) True 
 B)False

Question 6

What is the computer-based tool used or collecting,storing,retrieving,and displaying location-dependent demographic data on maps?

Accepted Answer

A) Centre of Gravity method 
B) Break-Even 
C) Geographic information system 
D) Factor Rating 
E) Location Analysis software 
A) Centre of Gravity method 
B) Break-Even 
C) Geographic information system 
D) Factor Rating 
E) Location Analysis software

Question 7

Which site would you prefer for a quantity of 20,000 units per year?

Accepted Answer

The answer of   Which site would you prefer...

Question 8

A manufacturing firm is considering two locations for a plant to produce a new product.The two locations have fixed and variable costs as follows:   If the annual demand is 20,000 units,what would be the cost advantage of the better location?

Accepted Answer

A) $20,000 
B) $460,000 
C) $480,000 
D) $80,000 
E) $60,000 
A) $20,000 
B) $460,000 
C) $480,000 
D) $80,000 
E) $60,000

Question 9

New or small organizations often adopt an informal approach to location decisions.

Accepted Answer

A) True 
 B)False

Which of the following is not a basic step in the location decision process?

Large national and international retailers such as Walmart,Sears,and Future Shop typically avoid locating in the same area as their competitors when opening a new store in a particular city.

Which of the following is not an accurate statement concerning location decisions?

For service and retail stores,a prime factor in location analysis is customer access.

What is the computer-based tool used or collecting,storing,retrieving,and displaying location-dependent demographic data on maps?

Which site would you prefer for a quantity of 20,000 units per year?

A manufacturing firm is considering two locations for a plant to produce a new product.The two locations have fixed and variable costs as follows: If the annual demand is 20,000 units,what would be the cost advantage of the better location?

New or small organizations often adopt an informal approach to location decisions.

Introduction to Operations Management

Competitiveness, strategic Planning, and Productivity

Demand Forecasting

Product Design

Reliability

Strategic Capacity Planning

Decision Analysis

Process Design and Facility Layout

Linear Programming

Workjob Design

Learning Curves

the Transportation Model

Management of Quality

Statistical Quality Control

Acceptance Sampling

Supply Chain Management

Inventory Management

Aggregate Operations Planning and Master Scheduling

Material Requirements Planning and Enterprise Resource Planning

Just-In-Time and Lean Production

Maintenance

Job and Staff Scheduling

Project Management

Waiting-Line Analysis

Simulation

Filters

Exam 12: Location Planning and Analysis

Which of the following is not a basic step in the location decision process?

Large national and international retailers such as Walmart,Sears,and Future Shop typically avoid locating in the same area as their competitors when opening a new store in a particular city.

Which of the following is not an accurate statement concerning location decisions?

For service and retail stores,a prime factor in location analysis is customer access.

What is the computer-based tool used or collecting,storing,retrieving,and displaying location-dependent demographic data on maps?

Which site would you prefer for a quantity of 20,000 units per year?

A manufacturing firm is considering two locations for a plant to produce a new product.The two locations have fixed and variable costs as follows: If the annual demand is 20,000 units,what would be the cost advantage of the better location?

New or small organizations often adopt an informal approach to location decisions.

Introduction to Operations Management

Competitiveness, strategic Planning, and Productivity

Demand Forecasting

Product Design

Reliability

Strategic Capacity Planning

Decision Analysis

Process Design and Facility Layout

Linear Programming

Workjob Design

Learning Curves

the Transportation Model

Management of Quality

Statistical Quality Control

Acceptance Sampling

Supply Chain Management

Inventory Management

Aggregate Operations Planning and Master Scheduling

Material Requirements Planning and Enterprise Resource Planning

Just-In-Time and Lean Production

Maintenance

Job and Staff Scheduling

Project Management

Waiting-Line Analysis

Simulation

Filters