Which of the following methods is a mathematical technique used for finding the best location for a single distribution point that services several stores?

Answer: Level of advertising expenditures

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Which of the following methods is a mathematical technique used for finding the best location for a single distribution point that services several stores or areas? What term refers to the location of competing companies near each other? Center-of-gravity method Which of the following methods is a mathematical technique used for finding the best location for a single distribution point that services several stores or areas? A technique for making an economic comparison of location alternatives is referred to as A. the transportation model . B . the factor-rating method . C . locational cost-volume analysis . D. the center-of-gravity method . Which of the following methods is a mathematical technique used for finding the best location for a single distribution point that services several stores or areas ? Center-of-gravity method Which of the following is NOT identified in the text as one of the eight major determinants of volume and revenue for the service firm? Which ...

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Which of the following methods is a mathematical technique used for finding the best location for a single distribution point that services several stores?

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Terms

QuestionAnswer
What is the time of the slowest workstation in a production system bottleneck time
The objective of layout strategy is to develop an effective and efficient layout that will meet the firm's competitive requirements
Which work arrangement arranges machinery and equipment to focus on the production of a single product or group of related products? work cell layout
Which layout is also called job shop and deals with low volume, high variety production process oriented layout
avoids placing the materials or supplies in storage by processing them as they are received for shipment cross-docking
Refers to the location of competing companies near each other clustering
Which of the following methods is a mathematical technique used for finding the best location for a single distribution point that services several stores or areas center of gravity method
what is the major difference in focus between a location decision in the service sector vs. the manufacturing sector the focus in service is on revenue maximinization, while the focus in manufacturing is on cost minimization
The objective of a human resource strategy is to manage labor and design jobs so people are effectively and efficiently utilized
methods analysis focuses on how a task is accomplished
a supply chain ends with a satisfied customer
A response strategy requires suppliers be selected based primarily on capacity, speed, and flexibility
Forms of disaster risk hurricanes, terrorism, tsunamis
when multiple suppliers are used, having ______ ______ suppliers could lessen the probability of all failing simultaneously geographically dispersed
Remedies for bullwhip effect channel coordination, price stabilization, and information sharing
__________ _________ is present if the bullwhip measure is greater than one variance amplification

major difference in focus between a location decision in the service sector vs. the manufacturing​ sector? A. The focus in service is on revenue​ maximization, while the focus in manufacturing is on cost minimization. B. The focus in manufacturing is on​ labor, while the focus in service is on raw materials. C. The focus in manufacturing is on revenue​ maximization, while the focus in service is on cost minimization. D. There is no difference in focus.

The focus in service is on revenue​ maximization, while the focus in manufacturing is on cost minimization.

What term refers to the location of competing companies near each​ other? A. neighboring B. centralizing C. battling D. clustering

__ is a mathematical technique used for finding the best location for a single distribution point that services several stores or​ areas? A. transportation model B. factor-rating method C. ​center-of-gravity method D. locational​ cost-volume analysis

Which of the following is NOT identified in the text as one of the eight major determinants of volume and revenue for the service​ firm? A. operating policies of the firm B. level of advertising expenditures C. quality of management D. competition in the area

level of advertising expenditures 

Which of the following techniques might a service or retail organization use to make a location​ decision? A. locational​ cost-volume analysis B. crossover charts C. transportation method D. traffic counts

What is a system that stores and displays information that can be linked to a geographic​ location? A. ASRS B. CIM C. GIS D. RFID

__ is NOT one of the five elements for each city that geographic information systems use to analyze location decision​ factors? A. ​rivers, mountains,​ lakes, and forests B. cultural and entertainment centers C. transportation options D. residential areas

rivers, mountains,​ lakes, and forests

Which of the following is NOT an example of tangible​ costs? A. utilities B. labor C. depreciation D. public transportation facilities

public transportation facilities 

__ is NOT true regarding location​ decisions? A. Once management is committed to a specific​ location, many costs become relatively easy to reduce. B. Location often has the power to make or break a​ company's business strategy. C. Location decisions are important because location has a major impact on the overall risk and profit of the company. D. Location decisions to support a​ low-cost strategy require particularly careful consideration.

Once management is committed to a specific​ location, many costs become relatively easy to reduce.

A​ goods-producing location decision would likely emphasize the importance of which of the​ following? A. parking and access B. security and lighting C. utility and labor costs D. appearance and image

The transportation model A. uses both qualitative and quantitative factors. B. determines the crossover point between two different locations. C. finds the location of a single distribution center that minimizes distribution costs. D. determines the best pattern of shipments from several points of supply to several points of demand.

determines the best pattern of shipments from several points of supply to several points of demand.

Where is the​ "superhub" for FedEx​ located? A. ​Chicago, Illinois B. St.​ Louis, Missouri C. ​Memphis, Tennessee D. ​London, England

Which of the following is NOT one of the four predictive variables in La Quinta​ Inn's regression model that predicts motel selection behavior and success of a​ site? A. the location of nearby colleges B. the state population per inn C. the number of hotel rooms in the vicinity D. median income levels

numer of hotel rooms in the vicinity 

Which of the following is NOT identified in the text as one of the eight major determinants of volume and revenue for the service​ firm? A. competition in the area B. quality of management C. level of advertising expenditures D. operating policies of the firm

level of advertising expenditures

Which of the following methods is a mathematical technique used for finding the best location for a single distribution point that services?

The transportation method finds the location of a distribution center that minimizes distribution costs.

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 major difference in focus between location decision in the service sector and in the manufacturing sector?

What is the major difference in focus between location decision in the service sector and in the manufacturing center? The focus in service is revenue maximization, while the focus in manufacturing is cost minimization.

What term refers to the location of competing companies near each other quizlet?

What term refers to the location of competing companies near eachother? clustering.