Traffic Counts and Demographic Analysis of Drawing Area Are Associated

question 55

Multiple Choice

Traffic counts and demographic analysis of drawing area are associated with:

• A) the center-of-gravity method.
• B) manufacturing location decisions.
• C) service location decisions.
• D) the transportation model.
• E) locational cost-volume analysis.

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Definitions:

Ethical Issues

Concerns or dilemmas that arise in a moral context, often involving a choice between competing values or principles.

Competing Companies

Businesses operating in the same industry or market that offer similar products or services to the same customer base.

Proximity

The state or quality of being near or close in space or time.

Centre-of-Gravity

A method used in logistics and supply chain management to determine the best location for facilities based on minimizing transportation costs, considering the locations of suppliers, customers, and other factors influencing the total cost.