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Explain the Concept of Critical Mass as It Applies to Location

question 69

Essay

Explain the concept of critical mass as it applies to location decisions for service providers. Within your response, include at least one example of a service industry where critical mass is a dominant factor in location decisions.


Definitions:

Infant Mortality

Early failure rate of a product or system shortly after its inception or initial use.

MTBF Distribution

A statistical representation describing the expected time between failures of a mechanical or electronic system, used in reliability engineering.

Breakdown Maintenance

A maintenance strategy that involves repairing or replacing equipment and components only after they have failed.

Emergency Maintenance

Unscheduled repair work performed on equipment or systems to correct an unforeseen failure or fault.

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