Exam 12: Finding the Right Location

arrow
  • Select Tags
search iconSearch Question
flashcardsStudy Flashcards
  • Select Tags

Reasons for a poor choice of location can include all of the following except

(Multiple Choice)
4.9/5
(38)

Location decisions are frequently made based on tangible criteria such as revenue and costs. However, other intangible criteria often influence locations decisions. Identify some of these criteria and discuss them.

(Essay)
4.8/5
(39)

What is the score for the 23rd St. and Lexington. Ave. location?

(Multiple Choice)
4.9/5
(37)

When cost is a key factor, __________ evaluates the total cost associated with alternative location sites.

(Short Answer)
4.9/5
(31)

The location decisions of manufacturing firms often use break-even analysis, mathematical models, and simulation.

(True/False)
4.7/5
(29)

Political risk, unions, and exchange rates are among the __________ that affect which country will be selected as a location.

(Short Answer)
4.9/5
(42)

In choosing a country for a facility location, which of the following is usually not one of the major considerations?

(Multiple Choice)
4.8/5
(33)

What is the primary objective of a firm's location strategy? How is this objective carried out by manufacturing, and how does that differ for service firms?

(Essay)
4.7/5
(36)

Co-location decisions by retailing firms are done because of revenue benefits.

(True/False)
5.0/5
(37)

The __________ and the __________ methods are two of the most commonly employed methods for service facility location.

(Short Answer)
4.9/5
(37)

Kim needs to decide which product distribution center to use to supply her four nail salons. The four locations are at coordinates shown in the following table. The volume of products required from by each store is also provided. What is the center of gravity of the distribution center relative to the salons? Location X-coordinate Y-coordinate Volume Uptown 30 70 200 Midtown 40 50 350 Lower East Side 50 30 150 Lower West Side 10 20 100

(Multiple Choice)
4.8/5
(45)

Mathematical simulation often drives the location decision in the call center industry.

(True/False)
4.8/5
(34)

All of the following decision-making tools can be used to locate services except

(Multiple Choice)
4.9/5
(35)

Which of the following statements regarding location is true?

(Multiple Choice)
4.9/5
(35)

Is the role of labor productivity more important than low wages in location decisions? Explain and use an example.

(Essay)
4.8/5
(34)

Foot traffic counts and local purchasing power are associated with

(Multiple Choice)
4.7/5
(38)

Clustering in the manufacturing sector is done to reduce transportation costs.

(True/False)
4.9/5
(39)

Kim's fourth nail salon was such a success that she decided to use the same basis to open a fifth location. Her data is shown in the following table. Determine which location alternative should be chosen on the basis of the maximum composite score. Kim's fourth nail salon was such a success that she decided to use the same basis to open a fifth location. Her data is shown in the following table. Determine which location alternative should be chosen on the basis of the maximum composite score.

(Not Answered)
This question doesn't have any answer yet
Ask our community

Location is important for manufacturers for __________ efficiencies and for service firms for __________ flows.

(Short Answer)
4.7/5
(34)

Service providers do not have to be in close proximity to their customers.

(True/False)
4.8/5
(38)
Showing 21 - 40 of 82
close modal

Filters

  • Essay(0)
  • Multiple Choice(0)
  • Short Answer(0)
  • True False(0)
  • Matching(0)