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Exam 12: Location Planning and Analysis

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Question 41

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Which of the following is not a basic step in the location decision process?

A) Identify important search parameters and factors
B) Gather information on appropriate sites
C) Visit short-listed sites
D) Evaluate the alternatives and make a selection
E) Evaluate access to available technology.

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

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Question 42

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For service and retail stores,a prime factor in location analysis is customer access.

A) True
B) False

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Question 43

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A manager must decide between two location alternatives,Montreal and Toronto.Montreal would have annual fixed costs of $80,000,transportation costs of $80 per unit,and labour and material costs of $70 per unit.Toronto would have annual fixed costs of $150,000,transportation costs of $20 per unit,and labour and material costs of $80 per unit.Revenue will be $250 per unit. (i)Which alternative would yield the higher profit for an annual demand of 2,000 units? (ii)At what volume (quantity)would the manager be indifferent in terms of which of the two locations were chosen? What would the profit be at that volume? 11eab92b_c492_83c9_99e6_6b47a581a0d8

What is the computer-based tool used or collecting,storing,retrieving,and displaying location-dependent demographic data on maps?

Large national and international retailers such as Walmart,Sears,and Future Shop typically avoid locating in the same area as their competitors when opening a new store in a particular city.

A manufacturing firm is considering two locations for a plant to produce a new product.The two locations have fixed and variable costs as follows: If the annual demand is 20,000 units,what would be the cost advantage of the better location?

New or small organizations often adopt an informal approach to location decisions.

Which site would you prefer for a quantity of 20,000 units per year?

Which of the following is not an accurate statement concerning location decisions?