Which of the Following Is not Generally True of an Industrial

question 11

Multiple Choice

Which of the following is not generally true of an industrial location?

• A) The farther something is transported, the higher the cost.
• B) A manufacturer tries to locate its factory as close as possible to both buyers and sellers.
• C) If inputs, such as raw materials for production (metal ores, coal, water, etc.), are more expensive to transport than products, the optimal location for a factory is near the source of inputs.
• D) If the cost of transporting the product to customers exceeds the cost of transporting inputs, then the optimal plant location is as close as possible to the customer.
• E) If the cost of transporting the product to customers exceeds the cost of transporting inputs, then the optimal plant location is as close as possible to the source of raw materials.

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Definitions:

Company Menu

In software applications, this term often refers to a navigational feature that provides access to various functionalities related to company operations.

Set Up Budgets

Involves creating financial plans outlining anticipated revenues and expenditures for a specific period.

Progress Invoicing

Billing method used to charge clients for portions of a project as stages are completed rather than at project end.

Preferences

User-defined settings within software applications that customize functionality according to the user's needs and requirements.