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Literature
Composition
Chapter 8 Homework/Quiz
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Chapter 8 Homework/Quiz
Paloma Kelly
4 September 2022
4.7
(114 reviews)
11 test answers
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question
What is the major difference in focus between a location decision in the service sector vs. the manufacturing sector?
answer
The focus in service is on revenue maximization, while the focus in manufacturing is on cost minimization
question
What term refers to the location of competing companies near eachother?
answer
clustering
question
Which of the following methods is a mathematical technique used for finding the best location point that services several stores or areas?
answer
center-of-gravity method
question
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?
answer
level of advertising expenditures
question
Which of the following techniques might a service or retail organization use to make a location decision?
answer
traffic counts
question
What is a system that stores and displays information that can be linked to a geophraphic location?
answer
GIS
question
Which of the following statements is NOT true regarding location decisions?
answer
Once management is committed to a specific location, many costs become relatively easy to reduce
question
Which of the following is NOT one of the five elements for each ctity that geographic information systems use to analyze location decision factors?
answer
rivers, mountains, lakes and forests
question
A goods-producing location decision would likely emphasize the importance of which of the following ?
answer
utlility and labor costs
question
Which of the following is NOT an example of tangible cost?
answer
public transportation facilities
question
The transportation model
answer
determines the best pattern of shipments from several points of supply to several points of demand
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