Which of the Following Statements About Facility Location Is Most

question 246

Multiple Choice

Which of the following statements about facility location is most accurate?

• A) No firms are influenced by labor costs when making decisions about where to locate.
• B) Recent changes in information technology have led firms to favor locations near major urban areas.
• C) Manufacturers often seek to reduce time-to-market by locating facilities in areas with access to key modes of transportation.
• D) No matter how large they become, most companies ultimately choose to locate major facilities within a few miles of the area in which they started business.

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Definitions:

Coordinates

A set of values that show an exact position on a graph, map, or in a space.

Point

In geometry, it represents an exact location in space with no dimensions.

Quadrants

The four sections of the Cartesian plane, divided by the x and y axes, used to classify the position of points.

Assume

To accept something to be true without verification or proof, often used in the context of mathematical proofs and hypotheses.