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Exam 8: Location Planning and Analysis

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Question 21

True/False

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

A) True
B) False

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Question 22

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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 What would the total annual costs be for the Phoenix location with an annual output of 10,000 units?

A) $280,000
B) $140,000
C) $220,000
D) $300,000
E) $156,000

F) A) and D)
G) None of the above

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Question 23

Multiple Choice

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The method for evaluating location alternatives that incorporates both qualitative and quantitative inputs to establish a composite score for each alternative is

A location analysis has been narrowed down to three locations. The critical factors, their weights, and the ratings for each location are shown below What is the composite score for location C?

Which statement best characterizes the objective of a typical search for location alternatives?

Advanced communications has aided globalization.

An approach to location analysis that can include both qualitative and quantitative considerations is

When service firms such as retailers or banks make growth-spurred location decisions, typically these involve

The first step in developing location alternatives is identifying important factors.

The center of gravity method uses the earth's center to establish starting grid coordinates (i.e., the 0,0,0 point)in three dimensions (x, y, and z).

A location analysis has been narrowed down to three locations. The critical factors, their weights, and the ratings for each location are shown below What is the composite score for location A?

The following are all ways businesses use GIS except for?

You cannot make a mistake by locating where labor costs are low.

Which of the following is the last step in the procedure for making location decisions?

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 annual demand is estimated to be 20,000 units, which location should the company select?

Which of the following is least important as a consideration for a firm at the beginning of a supply chain?

For service organizations, the dominant factors in location analysis usually are market-related.

Retail businesses often engage in _____, the tendency to locate in close proximity to one another.

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 At what annual output would the company be indifferent between the two locations?

The Skulls, a student social organization, has two different locations under consideration for constructing a new chapter house. The Skulls' president, a POM student, estimates that due to differing land costs, utility rates, etc., both fixed and variable costs would be different for each of the proposed sites, as follows What would be the total annual costs for the Alpha Ave. location with 20 persons living there?