The Following Facility Location Technique Uses Fixed and Variable Costs

question 53

Multiple Choice

The following facility location technique uses fixed and variable costs to analyze potential locations:

• A) Break-even model
• B) Business cluster analysis model
• C) Weighted-factor rating model
• D) Mean absolute deviation model

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Definitions:

Customer Relationship Management

A strategy for managing a company's interactions with current and potential customers, typically involving the use of technology to organize, automate, and synchronize sales, marketing, customer service, and technical support.

Supply Chain Management

The coordinating and managing of all activities involved in sourcing, procurement, conversion, and logistics management of products.

Computerized System

An electronic system that uses computers and software to manage, control, or perform a task or process.

Manual System

A system where operations, transactions or processes are carried out without the use of automated or electronic systems, typically involving physical documentation and human intervention.