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Exam 8: Location Planning and Analysis

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Question 41

Multiple Choice

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

A) Access to end consumers
B) Access to resources
C) Proximity to customers
D) Access to transportation infrastructure
E) Access to productive labor

F) B) and C)
G) A) and D)

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Question 42

Multiple Choice

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The method for evaluating location alternatives which uses their composite (weighted-average) scores is:

A) cost-volume analysis
B) transportation model analysis
C) factor rating analysis
D) linear regression analysis
E) MODI analysis

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

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Question 43

Multiple Choice

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Location choice I has monthly fixed costs of $100,000 and per-unit variable costs of $10.What would its total cost be at a monthly volume of 250 units?

In location planning, the location of raw materials, the location of markets, and labor factors are:

Some communities offer financial and other incentives to ______ new businesses.

A one-hour photo processing machine in a Wal-Mart store is an example of a _________.

If the selection criteria is to be the greatest composite score, management should choose:

What would be total annual costs for the Alpha Ave.location with twenty persons living there?

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

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

A "micro-factory" is a small, automated facility with a narrow product focus located near major markets.

When a location evaluation includes both quantitative and qualitative inputs, a technique that can be used is ___________.

What is the composite score for location C?

Which statement best characterizes a typical search for location alternatives?

A firm is trying to decide between two location alternatives, Albany and Baltimore.Albany would result in annual fixed costs of $60,000, labor costs of $7 per unit, material costs of $10 per unit, transportation costs of $15 per unit, and revenue per unit of $50.Baltimore would have annual fixed costs of $80,000, labor costs of $6 per unit, material costs of $9 per unit, transportation costs of $14 per unit, and revenue per unit of $48. (A) At an annual volume of 9,000, which would yield the higher profit? (B) At what annual volume would management be indifferent between the two alternatives in terms of annual profits?

Retail businesses generally prefer locations that are not near other retailers, as this reduces their competition.

The center of gravity method is used to _______ travel time, distance and costs.

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

If the decisions rule is to select the location with the greatest composite score exceeding 80, management should choose:

The lower cost of foreign labor is often offset by lower levels of productivity.