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.

Determine dimensions of geometric figures through factoring.

Utilize technological tools like graphing calculators to find x-intercepts of polynomial functions.

Understand and apply the principles of factoring polynomials to solve equations.

Solve real-world problems using quadratic equations.

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Definitions:

Decision Rules

Guidelines or criteria used to select from among alternatives in decision-making processes, often simplifying the evaluation of options.

Computer Analyses

The process of examining data using computer programs to discover information, make decisions, or solve problems.

First-Level Managers

Managers who are directly responsible for overseeing the day-to-day operations and performance of frontline employees or teams.

Decision Theorists

Decision theorists specialize in the study of decision-making processes, particularly in identifying the best choices under conditions of uncertainty or risk.