Which of the Following Methods Is Used for Facility Location

question 55

Multiple Choice

Which of the following methods is used for facility location selection based on the location of markets, the volume of goods shipped, and shipping costs?

• A) Factor rating
• B) Center-of-gravity
• C) Break-even analysis
• D) Least cost

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Definitions:

Company's Potential

The capacity or capability of a company to achieve future growth, success, or profitability.

Industry

Refers to the production of goods or related services within an economy, characterized by the specific sector or type of business.

Economic Health

The condition of an economy, often assessed through indicators such as GDP growth, unemployment rates, and inflation, reflecting overall prosperity and stability.

Convertible Debt

A form of short-term borrowing that can be converted into equity, typically by a private company or startup.