The First Step in the Weighted-Factor Rating Technique Is To

question 6

Multiple Choice

The first step in the weighted-factor rating technique is to:

• A) Assign a weight to each factor
• B) Multiply each factor score by its weight and sum the weighted scores for each location
• C) Identify all factors considered important to the facility location decision
• D) Assign a performance score to each factor for each location

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Definitions:

Human Ecology

A discipline that studies the relationships between humans and their environments, both natural and built.

Urban Settings

Refers to areas characterized by high population density, infrastructure development, and a predominance of non-agricultural activities, such as cities or towns.

Chicago School

A school of economic thought associated with the University of Chicago, known for its strong belief in free-market capitalism and minimal government intervention in the economy.

Demographic Transition

The demographic transition is a theory describing the transition from high birth and death rates to lower birth and death rates as a country develops from a pre-industrial to an industrialized economic system.