Exam 8: Location Strategies

"Proximity" or closeness implies that a firm should locate "close" to something.What are the three kinds of proximity described in the text? What are the basic conditions under which each is appropriate? What kinds of firms are likely to use each of these?

Consider the list of Key Success Factors in your textbook.From items on that list,select two which might involve ethical issues or issues of social responsibility,and cite a possible example of each.Write a brief explanation of each of your examples.Cite and describe a third example,from an area not covered by the KSFs.

For a location decision,labour productivity may be important in isolation,but low wage rates are a more important criterion.

Community attitudes,zoning restrictions,and quality of labour force are likely to be considered in which of the following location decision methods?

Motorola is in an industry where there are intense pressures to keep costs low.Why did Motorola reject a possible location that offered low manufacturing costs?

What are the advantages and disadvantages of the use of factor-rating schemes?

Traffic counts and demographic analysis of drawing areas are associated with

When making a location decision at the region/community level,which of these would be considered?

A manager has received an analysis of several cities being considered for a new order fulfillment centre (warehouse)for Shop at Home Network.The scores (scale is 10 points = best)are contained in the table below. a.If the manager weights the factors equally,how would the locations be ranked? b.If transportation costs and operating costs are given weights that are double the weights of the others,should the locations be ranked differently?

Which of the following is most likely to affect the location decision of a service firm rather than a manufacturing firm?

A small manufacturer is considering several locations for a new facility.They have identified four factors that they consider to be important for their location decision.They have decided to assign scores to the four factors,with a higher score indicating a more favorable location.Use the information in the following table to perform a factor rating to select the best location.

A manufacturing firm finds a location that has a significant cost advantage over alternatives,but rejects that location because the educational infrastructure was insufficient to train the firm's workers in its special production technologies.The firm's action illustrates the link between ________ and location.

A school district is considering where in town to house its central office (The office must also be located at an existing school for cost reasons).If there are five schools in the district,with locations and size given in the following table,use the COG method to determine at which school the central office should be placed to minimize the average distance between the office and students.

Using the factor ratings shown below,determine which location alternative should be chosen on the basis of maximum composite score.

Currency risk is based on what assumption?

Production and transportation costs are always considered in which of the following location decision methods?

The reason fast food restaurants often are found in close proximity to each other is

Industrial location analysis typically attempts to

Service location strategies and goods-producing location strategies rely on very different sets of assumptions.What are the assumptions associated with goods-producing locations? How do these assumptions lead to a location strategy?

A location decision for a traditional department store (The Bay)would tend to have a(n)