Chapter 8: Location Planning And Analysis

Question 1

Microfactory

Answer 1

Small factory with a narrow product focus, located near major markets

Question 2

Geographic Information System (GIS)

Answer 2

A computer-based tool for collecting, storing, retrieving, and displaying demographic data on maps

Question 3

Factor Rating

Answer 3

General approach to evaluating locations that includes quantitative and qualitative inputs

Question 4

Center of Gravity Method

Answer 4

Method for locating a distribution center that minimizes distribution costs