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Exam 8: Location Planning and Analysis

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Question 1

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Consider the following information about sites A, B, and C: $\begin{array} { l r l } \text { Site } & \text { FC (annual) } & \text { VC (per unit) } \\\hline \text { A } & \$ 100,000 & \$ 10 \\\mathrm {~B} & \$ 120,000 & \$ 8 \\\text { C } & \$ 150,000 & \$ 7\end{array}$ For what range of output would you prefer site A?

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Question 2

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The fact that most types of firms are located in every section of the country suggests that in many cases, location decisions are not overly important; one location typically is as good as another.

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Question 3

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

Web-based, retail businesses should be located near the customer to reduce their long distance phone charges.

Consider the following information about sites A, B, and C: $\begin{array} { l r l } \text { Site } & \text { FC (annual) } & \text { VC (per unit) } \\\hline \text { A } & \$ 100,000 & \$ 10 \\\mathrm {~B} & \$ 120,000 & \$ 8 \\\text { C } & \$ 150,000 & \$ 7\end{array}$ For what quantity would you be indifferent between selecting site B or site C?

When making location decisions, nonprofit organizations differ from for-profit ones in seeking a balance between:

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

In general, managing global operations is made easier by __________ and __________.

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

A location analysis has been narrowed down to three locations. The critical factors, their weights, and the ratings for each location are shown below: $\begin{array} {c} \quad\quad\quad\quad\quad\quad\quad\quad{ \text { Location } } \\\begin{array} { l c c c c } \text { Factor } &\text { Wt. } & \text { A } & \text { B } & \text { C } \\\hline \text { Labor Cost } & .4 & 70 & 80 & 90 \\\text { Transportation Cost } & .2 & 80 & 80 & 60 \\\text { Market Access } & .2 & 90 & 70 & 60 \\\text { Raw Materials Cost } & .1 & 50 & 70 & 90 \\\text { Utility Cost } & .1 & 80 & 90 & 70\end{array}\end{array}$ What is the composite score for location C?

A location analysis has been narrowed down to three locations. The critical factors, their weights, and the ratings for each location are shown below: $\begin{array} {c} \quad\quad\quad\quad\quad\quad\quad\quad{ \text { Location } } \\\begin{array} { l c c c c } \text { Factor } &\text { Wt. } & \text { A } & \text { B } & \text { C } \\\hline \text { Labor Cost } & .4 & 70 & 80 & 90 \\\text { Transportation Cost } & .2 & 80 & 80 & 60 \\\text { Market Access } & .2 & 90 & 70 & 60 \\\text { Raw Materials Cost } & .1 & 50 & 70 & 90 \\\text { Utility Cost } & .1 & 80 & 90 & 70\end{array}\end{array}$ What is the composite score for location B?

Among the disadvantages of having global operations is/are:

Determine the optimum location for a distribution center to serve the following locations. Shipments to each location will be approximately equal. $\begin{array} { l l } \text { Location } & ( \mathrm { x } , \mathrm { y } ) \\\hline \mathrm { A } & 2,2 \\\mathrm { B} & 5,6 \\\mathrm { C } & 6,3 \\\mathrm { D } & 7,5\end{array}$

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

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

For service firms such as banks and supermarkets, location decisions are critical elements of __________ strategy.

A one-hour photo processing machine in a Walmart store is an example of a:

Locational cost-profit-volume analysis assumes: (I) nonlinear variable costs. (II) fixed costs that are constant over the range of possible output. (III accurate estimates regarding the required level of output. (IV) multiple products.

Consider the following information about sites A, B, and C: $\begin{array} { l r l } \text { Site } & \text { FC (annual) } & \text { VC (per unit) } \\\hline \text { A } & \$ 100,000 & \$ 10 \\\mathrm {~B} & \$ 120,000 & \$ 8 \\\text { C } & \$ 150,000 & \$ 7\end{array}$ What are total costs for site B for a quantity of 5,000 units per year?

Consider the following information about sites A, B, and C: $\begin{array} { l r l } \text { Site } & \text { FC (annual) } & \text { VC (per unit) } \\\hline \text { A } & \$ 100,000 & \$ 10 \\\mathrm {~B} & \$ 120,000 & \$ 8 \\\text { C } & \$ 150,000 & \$ 7\end{array}$ What are total costs for site C for a quantity of 5,000 units per year?