Facility Location Decisions Have a Long-Term Impact on a Supply

question 47

Multiple Choice

Facility location decisions have a long-term impact on a supply chain's performance because

• A)it is very expensive to shut down a facility or move it to a different location.
• B)it is not expensive to shut down a facility or move it to a different location.
• C)it is advisable to shut down a facility or move it to a different location.
• D)it is cost effective to shut down a facility or move it to a different location.

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Definitions:

Mere Exposure Effect

The phenomenon by which people tend to develop a preference for things merely because they are familiar with them.

Primacy Effect

The tendency to remember information at the beginning of a list or sequence better than information in the middle or at the end.

Political Debate

A formal discussion between individuals or parties where differing viewpoints and policies regarding political issues are presented and argued.

Primacy Effect

The phenomenon in which individuals are more likely to remember and give greater importance to information that they encounter first, compared to information presented later.