The Method for Evaluating Location Alternatives That Uses Their Total-Cost

question 49

Multiple Choice

The method for evaluating location alternatives that uses their total-cost lines is

• A)locational cost-profit-volume analysis.
• B)the transportation model.
• C)factor rating.
• D)geographic information system (GIS)analysis.
• E)the center-of-gravity method.

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Definitions:

Low-Income Countries

Nations with a gross national income (GNI) per capita significantly lower than the global average.

Illiterate

The condition of being unable to read or write, affecting a person's ability to fully participate in society and the economy.

Economic Development

The process by which a nation improves the economic, political, and social well-being of its people.

Low Income

Indicates earning levels that are significantly lower than the average or median income in a given region or society.