The ______ Is a Quantitative Technique Used to Determine the Location

question 81

Multiple Choice

The ______ is a quantitative technique used to determine the location of a single warehouse or distribution center in order to minimize its distribution costs.

• A)breakeven analysis
• B)factor rating method
• C)center-of-gravity method
• D)GIS method

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Definitions:

Withdrawal

Money taken out from a business by its owner for personal use, decreasing the owner’s equity in the business.

Financial Statements

Formal records of the financial activities and position of a business, person, or other entity, presented in a structured manner.

Interrelationships

The way in which each of two or more things is related to the other or others.

Income Statement

A financial statement that shows a company's revenues, expenses, and profits over a specific period of time.