Two Product Factors Impact Location Decisions.These Are

question 113

Multiple Choice

Two product factors impact location decisions.These are:

• A) the product's value-to-weight ratio and whether the product serves universal needs
• B) the product's shape and the product's weight
• C) the product's content and the product's point-of-origin
• D) the product's technological sophistication and the product's shape
• E) product's packaging and durability

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Definitions:

Units Produced

Units produced refers to the total number of completed units of a product that a company has manufactured within a specific period.

Direct Costs

Expenses that can be directly attributed to a specific product, job, or project.

Conversion Costs

Expenses related to transforming raw materials into finished products, encompassing both labor efforts and overhead charges.

Manufacturing Overhead Cost

All indirect costs associated with the production process, such as utilities, maintenance, and factory equipment depreciation.