Chapter 8: Location Planning And Analysis Flashcards
1
Q
Microfactory
A
Small factory with a narrow product focus, located near major markets
2
Q
Geographic Information System (GIS)
A
A computer-based tool for collecting, storing, retrieving, and displaying demographic data on maps
3
Q
Factor Rating
A
General approach to evaluating locations that includes quantitative and qualitative inputs
4
Q
Center of Gravity Method
A
Method for locating a distribution center that minimizes distribution costs
