UNDERSTANDING BUSINESS (LL) >CUSTOM<
11th Edition
ISBN: 9781260660647
Author: Nickels
Publisher: MCGRAW-HILL HIGHER EDUCATION
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Chapter 9, Problem 1DWS
Summary Introduction
To discuss: The three reasons that location helps and hinders the success of the business and also explain that what would be a better option if the location is not ideal.
Introduction: The location plays an important role in manufacturing process. The manufacturing factory should be located at a place where
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ABC Wants to choose the best location for its new aluminium plant. The manager of productions and operations has three possible locations to choose from. His assistant recommends that he use break-even analysis location technique to help determine which location is best based on costs.
Design a numerical example in order to demonstrate to the Productions and Operations Manager how break-even analysis can be used in this
Demonstrate to the OM manager how to go about choosing the best location using the numerical example you designed
A company wants to enter into the business of manufacturing medical consumable items such as Mask, Gloves, Disposable Caps, Face shield, PPE Kits etc. It is looking for an appropriate site to set up the plant. Suggest the factors that may affect the set-up of manufacturing plant for medical consumable items. Give reason for each suggested factor that a company needs to consider while selecting a particular site.
Government policy is an important factor in choosing a business location. Why?
Chapter 9 Solutions
UNDERSTANDING BUSINESS (LL) >CUSTOM<
Ch. 9.1 - Prob. 9.1AQCh. 9.2 - Prob. 9.2AQCh. 9.2 - Prob. 9.2BQCh. 9.2 - Prob. 1TPCh. 9.2 - Prob. 2TPCh. 9.2 - Prob. 3TPCh. 9.3 - Bakers, like Duff Goldman of Charm City Cakes, add...Ch. 9.3 - Prob. 9.3BQCh. 9.3 - Prob. 9.3CQCh. 9.3 - Prob. 4TP
Ch. 9.3 - Define and differentiate the following: process...Ch. 9.3 - Prob. 6TPCh. 9.3 - Prob. 7TPCh. 9.4 - Prob. 9.4AQCh. 9.4 - Prob. 9.4BQCh. 9.4 - Prob. 9.4CQCh. 9.4 - Prob. 1MEDCh. 9.4 - Prob. 8TPCh. 9.4 - What is the difference between MRP and ERP?Ch. 9.4 - What is just-in-time inventory control?Ch. 9.4 - Prob. 11TPCh. 9.5 - Draw a PERT chart for making a breakfast of...Ch. 9.5 - Prob. 13TPCh. 9 - Prob. 1CTCh. 9 - Prob. 2CTCh. 9 - Prob. 3CTCh. 9 - Prob. 1DWSCh. 9 - 3. Discuss some of the advantages and...Ch. 9 - Prob. 5DWSCh. 9 - Prob. 1TITCh. 9 - Prob. 2TITCh. 9 - Prob. 1VCCh. 9 - Prob. 2VCCh. 9 - Prob. 3VC
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- What advantages and disadvantages does each potential location offer?arrow_forwardThe Davis national drugstore chain prefers to operate one outlet in a town that has four major market segments. The number of potential customers in each segment, along with the coordinates are as follows: Location Market Coordinates Number of Segment x y Customers 1 5 22 2,200 2 17 20 300 3 5 3 1,400 4 10 3 3,000 Find the best location using the Center of Gravity Excel template. Round your answers to two decimal places. Cx: ____________Cy: ______________arrow_forwardWhat role does real estate market analysis play in determining the feasibility of specific locations for businesses?arrow_forward
- Walmart is one of the largest corporations in the world, and it has obviously enjoyed tremendous success. But while many welcome its location in their communities, others do not. Some complain that its presence has too many negative effects on a community, ranging from traffic congestion to anti-union sentiment to unfair competition.Suppose Walmart has announced plans to seek approval from the planning commission of a small town to build a new store. Develop a list of the main arguments, pro and con, that could be presented at a public hearing on the matter by members of each of these groups:1. Owners of small businesses located nearby2. Town residents, and residents of nearby townsHow might a Walmart representative respond to the negative criticisms that might be brought up, and what other benefits could the representative offer the planning board to bolster Walmart’s case for gaining the board’s approval?arrow_forwardA manufacturing company preparing to build a new plant is considering three potential locations for it. The fixed and variable costs for the three alternative locations are presented in the table below. Table 1 Costs A B C Fixed 500,000 600,000 800,000 Variable 40 30 20 Indicate over what range, each of the alternatives A, B, C is the low-cost choice.arrow_forwardA manufacturer has decided to locate a new factory in northwestern United States to serve growing demand in that market. They have narrowed the potential sites down to two finalists, City A and City B. They have developed a list of important factors to consider in selecting a site, and rated each as shown in the following table. FACTOR CITY A CITY B Utility rates 98 114 Availability of skilled labor 82 75 Tax rates 38 38 Transportation 44 38 Proximity to suppliers 35 30 Quality of life 20 16 Based on this data, which city appears to be the better choice? multiple choice City A City B They are equally attractive There is insufficient information provided to answer this questionarrow_forward
- What would be important criteria for selecting a site for an IKEA store?arrow_forwardA company wants to enter into the business of manufacturing medical consumable items such as Mask, Gloves, Disposable Caps, Face shield, PPE Kits etc. It is looking for an appropriate site to set up the plant. Suggest the factors that may affect the set-up of manufacturing plant for medical consumable items. Give reason for each suggested factor that a company needs to consider while selecting a particular site. more then 600 wordsarrow_forwardCalculate the weighted score for each location (A, B, C, and D) shown in Table. Which location would you recommend? Factor Score for Each Location Location Factor Factor Weight A B C D 1. Labor climate 2. Quality of life 3. Transportation system 4. Proximity to markets 5. Proximity to materials 6. Taxes 7. Utilities Total 5 30 5 25 5 15 15 100 5 2 3 5 3 2 5 4 3 4 3 2 5 4 3 5 3 4 3 5 2 5 1 5 4 5 4 1arrow_forward
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