Explain the assumptions behind the center of gravity method

Assignment Help Business Management

Reference no: EM131258240

a. List factors, other than globalization, that affect the location decision ? Explain the assumptions behind the center-of-gravity method. How can the model be used in a service facility location?

b. What are the three steps to locational cost-volume analysis? "Manufacturers locate near their resources, retailers locate near their customers." Discuss this statement, with reference to the proximity-to-markets arguments covered in the text. Can you think of a counter-example in each case? Support your choices.

Reference no: EM131258240

Questions Cloud

Explain the segmentation of the watch market : MGMT 621: How would you use differentiation strategy to increase the customer base and explain the segmentation of the watch market and how you would target different customers.

Statistical engineering frameworks : Compare and contrast the fundamental differences between process improvement framework and problem solving framework. Provide one (1) example of business management applying each framework to support your response.

Illustration that showcases accounting : Evaluate the table and summarize your interpretation of how this table applies to business and transactions. Select at least one component of each function and discuss why it is necessary for a business to understand and apply these functions.

Find the rotational speed of the motor : A milling operation is performed on an NC machining center. Total travel distance = 300mm in a direction parallel to one of the axes of the worktable.

Explain the assumptions behind the center of gravity method : List factors, other than globalization, that affect the location decision ? - Explain the assumptions behind the center-of-gravity method.

Legal aspects of health care administration : A survey of primary-care doctors conducted in 2009 finds that 42% of the 627 respondents believed the patients in their own practice were getting too much care.

How that method evolved into modern critical path analysis : What's the critical path of a project? The critical path of a project is a long sequence of the activities that must be complete in order for a project to be completed on time. How is slack time determined? Slack time is determined by subtractin..

List the techniques used by service organizations : Why shouldn't low wage rates alone be sufficient to select a location? - List the techniques used by service organizations to select locations ?

Identify those factors relevant to the decision : Elmer's Fudge Factory is planning to open 10 retail outlets in Oregon over the next 2 years. Identify (and weight) those factors relevant to the decision.

User Account

All Pages