A facility location decision must seriously consider anticipated business conditions andacknowledge a critical need to be flexible and responsive to customer needs as theymay change in the future. In the short term, a firm's supply chain network and thelocations of its key facilities are relatively fixed, and the logistics managers mustoperate within the constraints imposed by the facility locations. In the long term,however, the design of the overall network must be thought of as variable. Describethe need for long-range planning.

Facility location assurance is a business's basic vital choice. There are a few elements, which…

Answered: A facility location decision must…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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The owner of Genuine Subs, Inc., hopes to expand the present operation by adding one new outlet. She has studied three locations. Each would have the same labor and materials costs (food, serving containers, napkins, etc.) of $1.76 per sandwich. Sandwiches sell for $8.00 each in all locations. Rent and equipment costs would be $5,000 per month for location A, $5,500 per month for location B, and $5,800 per month for location C. a. Determine the volume necessary at each location to realize a monthly profit of $10,000. (Do not round Intermediate calculations. Round your answer to the nearest whole number.) Location Monthly Volume A B C b-1. If expected sales at A, B, and C are 21,000 per month, 22,000 per month, and 23,000 per month, respectively, calculate ge profit of the each locations? (Do not round Intermediate calculations. Round your answer to the nearest whole number.) Location A Monthly Profits B C b-2. Which location would yield the greatest profits? e here to search R T J O…
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Can you help me with Problem 3, thank you kindly
The least cost theory is based upon finding the location with the lowest marginal and average total cost. True or False?
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