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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Question
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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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
Chapter 8 Solutions
Loose-leaf for Operations Management (The Mcgraw-hill Series in Operations and Decision Sciences)
Ch. 8.5 - Prob. 1RQCh. 8.5 - Prob. 2RQCh. 8.6 - Prob. 1RQCh. 8.6 - Prob. 2RQCh. 8 - Prob. 1DRQCh. 8 - Prob. 2DRQCh. 8 - Prob. 3DRQCh. 8 - Prob. 4DRQCh. 8 - Prob. 5DRQCh. 8 - Prob. 6DRQ
Ch. 8 - Prob. 7DRQCh. 8 - Prob. 8DRQCh. 8 - Prob. 9DRQCh. 8 - Prob. 1TSCh. 8 - Prob. 2TSCh. 8 - Prob. 3TSCh. 8 - Prob. 1CTECh. 8 - Prob. 2CTECh. 8 - Prob. 3CTECh. 8 - Prob. 4CTECh. 8 - Prob. 1PCh. 8 - Prob. 2PCh. 8 - Prob. 3PCh. 8 - Prob. 4PCh. 8 - Prob. 5PCh. 8 - Prob. 6PCh. 8 - Prob. 7PCh. 8 - Prob. 8PCh. 8 - Prob. 9PCh. 8 - Prob. 10PCh. 8 - Prob. 11PCh. 8 - Prob. 12PCh. 8 - Prob. 13PCh. 8 - Prob. 14PCh. 8 - Prob. 15PCh. 8 - Prob. 1CQ
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Similar questions
- A company that is developing a strategy that entails obtaining location advantages for several of its different inputs A) would have each value chain activity replicated in each of its host country locations. B) would be pursuing a low cost strategy with economies of scale. C) would concentrate each value chain activity in the country in which can be performed most efficiently or effectively. D) would concentrate most of its value chain activities in its home country, where it is most familiar with the location. E) would implement a multi-domestic or multinational strategy.arrow_forwardWhat are the four key approaches for resolving location issues?arrow_forwardA toy manufacturer produces toys in five locations throughout the country. Raw materials (primarily barrels of powdered plastic) will be shipped from a new, centralized warehouse whose location is to be determined. The monthly quantities to be shipped to each location are the same. A coordinate system has been established, and the coordinates of each location have been determined as shown. Determine the coordinates of the centralized warehouse.arrow_forward
- What are the major factors that firms consider when choosing a country in which to locate?arrow_forwardRespond to the following - the importance of the location decision is sometimes massively overrated and the fact that almost every tyoes of business is located in every region of the country means there should be no problem in choosing a suitable location.,arrow_forwardProvide two examples of firms making locations decisions frequently ?arrow_forward
- Explain the consequences of poor location decisions for a business and why it is important to consider in the analysis?arrow_forwardMaya ltd. wants to use the Centre of Gravity location technique to determine where to setup itsdistribution centre.Setup a numerical example that can be used to demonstrate to the owner of thecompany how the center of gravity technique can be used.arrow_forwardMaya ltd. wants to use the Centre of Gravity location technique to determine where to setup itsdistribution centre. I. What is the main objective of using this technique?arrow_forward
- Use the photo attached to answer the following question, 1.Using the centre of gravity location technique, determine the best location that will minimize total travel distance. SHOW WORKINGarrow_forwardWhat advantages and disadvantages does each potential location offer?arrow_forwardGive your idea break even method of location.arrow_forward
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