Which of the following statements about facility location is most accurate? A) Advances in information technology permits firms to locate in expensive metropolitan areas. B) Manufacturers seek to reduce time-to- market by selecting a location which will lower transportation costs. C) Most companies locate major facilities within a few miles of where they began operations. D) Most firms are uninterested in labour costs when making decisions about where to locate. Advances in information technology permits firms to locate in expensive metropolitan areas. Manufacturers seek to reduce time-to- market by selecting a location which will lower transportation costs.
Which of the following statements about facility location is most accurate? A) Advances in information technology permits firms to locate in expensive metropolitan areas. B) Manufacturers seek to reduce time-to- market by selecting a location which will lower transportation costs. C) Most companies locate major facilities within a few miles of where they began operations. D) Most firms are uninterested in labour costs when making decisions about where to locate. Advances in information technology permits firms to locate in expensive metropolitan areas. Manufacturers seek to reduce time-to- market by selecting a location which will lower transportation costs.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:Which of the following statements about facility location is most accurate?
A) Advances in information technology permits firms to locate in expensive
metropolitan areas.
B) Manufacturers seek to reduce time-to- market by selecting a location which
will lower transportation costs.
C) Most companies locate major facilities within a few miles of where they began
operations.
D) Most firms are uninterested in labour costs when making decisions about
where to locate.
Advances in information technology permits firms to locate in expensive
metropolitan areas.
Manufacturers seek to reduce time-to- market by selecting a location which
will lower transportation costs.
Most companies locate major facilities within a few miles of where they began
operations.
Most firms are uninterested in labour costs when making decisions about
where to locate.
Transcribed Image Text:charts break down large projects into steps and specify the time required to
perform each one. They not only show the necessary sequence of activities but
identify the critical path for meeting project goals.
A) GANTT
B) PERT
C) JIT
D) MRP
GANTT
PERT
JIT
MRP
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