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6. For a location decision, labor productivity may be important in isolation, but low wage rates are a more important criterion. Which of the following is a location analysis techniques typically employed by a manufacturing organization?Location analysis techniques typically employed by service organizations include: the factor rating method. Which of the following assumptions is not associated with strategies for good producing location decisions?Which of the following assumptions is NOT associated with strategies for goods-producing location decisions? Answer: C) High customer-contact issues are critical. What is a system that stores and displays information that can be linked to a geographic location?A Geographic Information System (GIS) is a computer system that analyzes and displays geographically referenced information. It uses data that is attached to a unique location. What is the importance of the location decision?Good location decisions can significantly boost a company’s long-term performance. Poor ones can cost millions in lost talent, productivity and capital. We frequently come across companies whose presence of location decision-making strategiesu2014or lack ofu2014have longstanding consequences. Which of the following is the key factor in choosing a location quizlet?Availability of resources, such as raw materials, labour supply, and transportation, are important to location decisions. Which of the following is a step in the procedure for making location decisions?These steps are as follows: What is the major difference in focus between a location decision in the service sector?What is the major difference in focus between location decision in the service sector and in the manufacturing center? There is no difference in focus. The focus in manufacturing is revenue maximization, while the focus in service is cost minimization. Which of the following is an approach to location analysis that includes both qualitative and quantitative consideration?An approach to location analysis that can include both qualitative and quantitative considerations is: A. the center-of-gravity method Which of the following is considered economic factors in location decisions?The economic factors usually considered as most important in the location decision include: transportation costs, labor and supply costs, tax structures, material availability and costs, and market demand. Which of the following assumptions is not associated with strategies for goods producing location decisions?Which of the following assumptions is NOT associated with strategies for goods-producing location decisions? Answer: C) High customer-contact issues are critical. Which of the following is a location analysis technique typically employed by a service organization?6. For a location decision, labor productivity may be important in isolation, but low wage rates are a more important criterion. Which of the following is not a risk associated with globalizing operations?Location analysis techniques typically employed by service organizations include: the factor rating method. Which are the primary site related factors in location decisions?Which of the following is not a risk associated with globalizing operations? Low labor productivity. What are geographic systems?A geographic information system (GIS) is a computer system for capturing, storing, checking, and displaying data related to positions on Earth’s surface. GIS can show many different kinds of data on one map, such as streets, buildings, and vegetation. What is geographic information system used for?A geographic information system (GIS) is a system that creates, manages, analyzes, and maps all types of data. GIS connects data to a map, integrating location data (where things are) with all types of descriptive information (what things are like there). What kinds of information are entered into a geographic information system?Two types of data are entered in a GIS: spatial data such as points, lines and areas that represent the geographic locations of features, and associated nonspatial attribute data that provide descriptive information. What is a GIS database?At its most basic level, an ArcGIS geodatabase is a collection of geographic datasets of various types held in a common file system folder, a Microsoft Access database, or a multiuser relational DBMS (such as Oracle, Microsoft SQL Server, PostgreSQL, Informix, or IBM DB2). What is location decision how important are location decision in operation management?Definition: Location Decision in operation management is finding an ideal geographical region to install a Facility or Plant. It is a vital component in facility planning as it greatly impacts the organization’s Profitability, Cost and Success What is the importance of location planning?Location planning decisions are very important for all types of business units. This is because it affects the cost, selling price, and demand of the product. It is a non-recurring heavy expenditure. Large companies take the help of different professionals like lawyers, accountants, environmentalist, etc. Which factor is important in location decision?The top five major factors identified that may strongly influence international location decisions generally were: costs, infrastructure, labour characteristics, government and political factors and economic factors. What are the two reasons for location decisions?Location Decision General Procedure These factors will differ depending on the type of facility but there will usually be only a few important factors that will greatly impact the decisions. These factors include accessibility of raw materials, proximity to consumers, transportation costs, and space requirements When selecting a site for a business what factors should you consider quizlet?Other factors entrepreneurs should consider when choosing a location include proximity to markets, proximity to raw materials, wage rates, quantity and quality of the labor supply, general business climate, tax rates, Internet access, and total operating costs. Which of the following are factors to consider when locating an industry quizlet?Here are 9 factors that every entrepreneur must consider when selecting a perfect business location:
What is the first step in location decision?Identify evaluation criteria – The first step in the location decision-making procedure is to identify the criteria that will be used to evaluate the location options. Which of these assumptions is not associated with strategies for goods producing Locationdecisions?Which of the following assumptions is NOT associated with strategies for goods-producing location decisions? Answer: C) High customer-contact issues are critical.
What kinds of location decisions are appropriate for use of centerWhat variable is being optimized in this analysis? The center-of-gravity technique is appropriate when the location decision must find a single centrally-located site to serve any number of outlying points; locating a distribution center to serve a dozen retail stores is an example.
Which of the following is a location analysis technique typically employed by a manufacturing organization?Location analysis techniques typically employed by service organizations include: the factor rating method. the center-of-gravity method.
Which of the following is not a risk associated with globalizing operations?Which of the following is not a risk associated with globalizing operations? Low labor productivity.
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Which of the following assumptions is not associated with strategies for goods producing location decisions?
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