Which of the following statements is right about facility location analysis?

A. Facility location analysis considers the competitive imperative to be close to customers as to timeliness of deliveries.

B. Facility location analysis considers the competitive imperative of lowest total cost.

C. Facility location analysis considers the competitive imperative of a favorable business climate as indicated by the presence of other companies in the same industry.

D. Facility location analysis considers the competitive imperative of locating near the appropriate labor pool to take advantage of low wage costs and/or skill levels. All of the above.

Question

Niki

Business

11 March, 08:11

Which of the following statements is right about facility location analysis?

A. Facility location analysis considers the competitive imperative to be close to customers as to timeliness of deliveries.

B. Facility location analysis considers the competitive imperative of lowest total cost.

C. Facility location analysis considers the competitive imperative of a favorable business climate as indicated by the presence of other companies in the same industry.

D. Facility location analysis considers the competitive imperative of locating near the appropriate labor pool to take advantage of low wage costs and/or skill levels. All of the above.

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Answers (1)

Know the Answer?

Giancarlo Sawyer · Answer 1

The correct answer is letter "A": Facility location analysis considers the competitive imperative to be close to customers as to timeliness of deliveries.

Explanation:

Facility location is part of the research and computational geometry in charge of determining the localization of a company's branches to be closest as possible to the firm's target customers, workers, and suppliers by minimizing the costs. Other factors such as free trading zones or environmental policies are also taken into consideration.