When a Location Evaluation Includes Both Quantitative and Qualitative Inputs

question 69

Multiple Choice

When a location evaluation includes both quantitative and qualitative inputs, a technique that can be used is ___________.

• A)Linear programming
• B)Consumer surveys
• C)Factor rating
• D)Transportation models
• E)Center of gravity methods

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Definitions:

Car Dealer

A business that sells new or used automobiles, typically employing salespeople to negotiate prices with customers.

Competing Car Dealer

An automobile dealership that actively competes with others for customers in a specific market.

Attractive Offer

A proposal or deal considered beneficial and appealing, often because of favorable terms or pricing.

Nash Equilibrium

Nash Equilibrium refers to a situation in a game theory model where no player can benefit by changing their strategy while the other players keep theirs unchanged.