The Purpose of the Transportation Approach for Location Analysis Is

question 5

Multiple Choice

The purpose of the transportation approach for location analysis is to minimize which of the following?

• A) total costs
• B) total variable costs
• C) total fixed costs
• D) total shipping costs
• E) the number of shipments

---

Definitions:

Loan Guarantees

Agreements in which a guarantor, usually a government or financial institution, agrees to pay back a loan if the borrower defaults.

Business Incubators

Organizations designed to accelerate the growth and success of startup and early-stage companies by providing resources such as space, capital, coaching, and networking connections.

Loans

A sum of money that is borrowed and is expected to be paid back with interest.

Franchising

Contractual business arrangement between a manufacturer or other supplier, and a dealer such as a restaurant operator or retailer.