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Exam 11: Location Planning and Analysis

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Question 21

Multiple Choice

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

A)  tax
B)  attract
C)  marginalize
D)  incorporate
E)  zone

F) A) and B)
G) B) and E)

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Question 22

Multiple Choice

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The method for evaluating location alternatives that minimizes shipping costs between multiple sending and receiving locations is:

A)  locational cost-profit-volume analysis.
B)  the transportation model.
C)  factor rating.
D)  geographic information system (GIS) analysis.
E)  the center-of-gravity method.

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

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Question 23

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Factor rating is limited to quantitative information concerning location decisions.

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

Location options do not usually include:

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).

Software systems known as GIS help in location analysis. The initials GIS stand for:

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

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

A clothing manufacturer produces clothing in five locations in the United States. In a move to vertical integration, the company is planning a new fabric production plant that will supply fabric to all five clothing plants. The clothing plants have been located on a coordinate system as follows: $\begin{array} { c c } \text { Location } & ( \mathrm { x } , \mathrm { y } ) \\\hline \mathrm { A } & 7,2 \\\mathrm {~B} & 4,7 \\\mathrm { C } & 5,5 \\\mathrm { D } & 6,2 \\\mathrm { E } & 8,4\end{array}$ If the amount of fabric shipped to each plant is equal, what is the optimal location for the fabric plant?

Cultural differences, customer preferences, labor, and resources are factors relating to:

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

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

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: $\begin{array} { l c c } \text { Location } & \text { Annual Fixed } & \text { Variable } \\\hline \text { Alpha Ave. } & \$ 5,000 & \$ 200 \text { per person } \\\text { Beta Blvd. } & \$ 8,000 & \$ 150 \text { perperson }\end{array}$ What would be total annual costs for either location at the point of indifference?

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

The method for evaluating location alternatives that uses their total-cost lines 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: If the selection criterion is to be the greatest composite score, management should choose:

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

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?

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 550 units?