In Facility Location Decision Making, the Educational and Skill Levels

question 40

True/False

In facility location decision making, the educational and skill levels of the labor pool must match the company's needs.

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Definitions:

Net Present Value

A method used to evaluate the profitability of an investment by calculating the difference between the present value of cash inflows and outflows over a period of time.

Capital Investment

Funds spent by a company to acquire or upgrade physical assets such as property, industrial buildings or equipment to increase operational efficiency.

Future Net Cash Flows

The estimated total cash income minus the total cash expenses expected over a future period.

Net Present Value

The difference between the present value of cash inflows and the present value of cash outflows over a period of time.