A Certain Organization Trying to Decide Where to Locate Their

question 10

Multiple Choice

A certain organization trying to decide where to locate their future factory is considering three locations.They are taking into account three factors: labor costs, currency stability, and proximity to market.Using the weights for each factor listed below and the scores achieved by each of the three considered locations, determine which location should be chosen for the new facility based on the weighted factory location model.SCORES (Maximum 100) FACTOR
WEIGHT
SITE A
SITE B
SITE C
Labor Cost
0) 20
90
65
90
Currency Stability
0) 50
80
90
80
Proximity to Market
0) 30
80
80
80

• A)Site A
• B)Site B
• C)Site C
• D)All sites are equally attractive

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Definitions:

Highly Developed Countries

Nations with advanced technological infrastructure, high standard of living, and strong economic growth.

Population Growth

The increase in the number of individuals in a population, often leading to various environmental and socio-economic challenges.

Birth Rates

The number of live births per thousand of population per year, a pivotal factor in population studies.

Carrying Capacity

The maximum population size of the species that the environment can sustain indefinitely, given the food, habitat, water, and other necessities available in the environment.