Loose-leaf for Operations Management (The Mcgraw-hill Series in Operations and Decision Sciences)
Loose-leaf for Operations Management (The Mcgraw-hill Series in Operations and Decision Sciences)
12th Edition
ISBN: 9781259580093
Author: William J Stevenson
Publisher: McGraw-Hill Education
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Chapter 8, Problem 2DRQ
Summary Introduction

To respond: To the given statement.

Statement: “Importance of location decision is often vastly overrated and the fact that virtually every type of business located in every section of the country which means there should be no problem in finding suitable location”.

Introduction:

Location is where a firm chooses to site its operations. Location decisions can large effects on expenses and incomes. Location choices are normally quite imperative to both substantial and private companies. The area choice directly affects an operation's expenses and also its capacity to serve clients.

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Students have asked these similar questions
Although most organizations may make the location decision infrequently, there are some organizations that make the decision quite regularly and often. Provide one or two examples. How might their approach to the location decision differ from the norm?
Respond to the following statement: "The importance of location is frequently greatly exaggerated; the fact that almost every type of business is located in every region of the country indicates that locating a suitable location should be effortless.
Mr. Ramjan wants to use the centre of gravity location technique and the break-even location technique to aid with his location decision for a distribution centre. Using a quantitative example for each technique, show how they can be used to aid in making the right decision in regard to the location of this distribution centre
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