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Operations Management > Finals(Location) > Flashcards

Finals(Location) Flashcards

1
Q

Options in location planning (4)

A

shut down at one location and move to another

add new locations while retaining existing ones

do nothing

expand an existing facility

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2
Q

Need for Location Decisions(4)

A

marketing strategy
cost of doing business
growth
depletion of resources

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3
Q

nature of location decisions(3)

A

strategic importance of LD

objectives of LD

location options

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4
Q

medical, fire

A

community- services

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5
Q

strategic importance of LD (3)

A

long term commitments/cost

impact on investments, revenues and ops

supply chains

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7
Q

developing location alternatives (location decision factors) (4)

A

regional factors
community considerations
site related factors
multiple plant strategies

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8
Q

regional factors (4)

A

raw materials
markets
labor factors
climate and taxes

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9
Q

objectives of LD (3)

A

profit potential
no single location may be better than others
identify several locations from which to choose

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9
Q

why firms locate near at the source of materials(3)

A

necessity
perishability
transportation costs

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10
Q

location of markets:

profit oriented and non profit

A

profit- part of their competitive strategy

non profit- to provide ready access from all directions

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12
Q

labor factors (3)

A

labor costs
skills of potential employees
worker attitudes

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13
Q

work attitudes, compensation law, unemployment

A

regional. labor

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14
Q

community considerations (7)

A 
qualit of life
services
attitudes
taxes
utilities
environmental regulations
developer support
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14
Q

site related factors (4)

A

land
transportation
environmental
legal

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16
Q

making location decisions (5)

A
  1. decide on the criteria
  2. identi the important factors
  3. develop locaton alternatives
  4. evaluate alternatives
  5. make selection
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17
Q

comparison: revenue focused

A

s/r

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18
Q

D or R: legal

A

r

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19
Q

proximity, distribution costs, target market, target trade, restrictions

A

regional- location of market

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21
Q

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

A

geographic information system

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22
Q

school, churches, recreation, shopping, cost of living

A

community- quality of life

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23
Q

zoning restrictions

A

site- envi/legal

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24
Q

comparison: labor costs, availability and skills

A

m

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25
Q

multiple plant manufacturing strategies (3)

A

product plant strategy
market area plant strategy
process plant strategy

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27
Q

set of requirments in product plant strategies

A

labor
materials
equipment

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28
Q

the plant locations may either be widely scattered or clustered relatively close to kne another

A

product plant strat

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29
Q

operating costs of this strategy are often times higher but savings on shipping costs can be made

A

maket area plant strat

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30
Q

plants are designed to serve a particular geo segment

A

MAPS

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31
Q

plants are concentrate in different aspects of process

A

process plant strat

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32
Q

D or R: import restrictions

A

d

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33
Q

degree of development required, drainage, parking, room for expansion

A

site related- land

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33
Q

product plant strategy (3)

A

product lines are produced in separate plants

decentralized approach

focusing in narrow set of requirements

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33
Q

usedul when shipping costs are high

A

MAPS

35
Q

D or R: transpo cost

A

d

36
Q

used to minimize cost associated with distributing goods

A

transpo model

37
Q

best suited to products that have numerous components

A

process plant strat

38
Q

D or R: unskilled labor

A

d

39
Q

comparison: transportation modes, costs

A

m

40
Q

proximity, modes and cost of transportation, quantity available

A

regional- location or raw materials

41
Q

D or R: cultural

A

r

43
Q

rewuired centralized coordination of decisions

A

maps

45
Q

focusing on narrow set od requirements

A

prod plant strat

46
Q

comparison: cost focused

A

manufacturing

46
Q

comparison: customer access/ parking

A

service/retail

47
Q

comparison:building/leasing costs

A

m

48
Q

access roads, rail spurs, air freight

A

site- transportation

48
Q

product lines are produced un separate plants

A

product plant strat

48
Q

comparison: competition

A

s/r

49
Q

comparison: energy availability, costs

A

m

50
Q

individual plants can produce either most or all of the company’s products

A

market area plant

51
Q

D or R: political

A

r

52
Q

comparison: demographics; age, income

A

s/r

55
Q

services and retail locations (7)

A

profit or revenue focused
concerned with demog
traffic volume and conevenience is important
prefer location that are near with other retailers or similar service providers

good transpo and parking faci

custmer safety and security

56
Q

global locations: facilitating factors (2)

A

trade agreements

technology

57
Q

barriers with international trade such as tarrifs have been reduced by

A

trade agreements

58
Q

Benefits of globalization (4)

A

markets
cost savings
legal and regulatory
financial

58
Q

coordinate system is overlaid on the map

A

center of gravity

59
Q

potential cost savings: globalization (4)

A

tranpo cost
labor cost
raw material cost
taxes

60
Q

D or R: econmomic instability

A

r

61
Q

comparison: population/drawing area

A

s/r

61
Q

disadvantages of globalization(5)

A 
transpo cost
security cost
unskilled labor
import restrictions
criticism
62
Q

risks of globalization (5)

A 
terrorism
economic stability
legal
cultural
political
63
Q

decentralized approach

A

product plant start

63
Q

locating distribution center that minimizes distrib cost

A

center of gravity method

64
Q

D or R: terrorism

A

r

64
Q

D or R: security cost

A

d

66
Q

comparison: population/drawing area

A

s/r

66
Q

used to compare alternatives in terms of their impact in total distribution costs

A

transportation model (supplement)

67
Q

D or R: criticism

A

d

71
Q

evaluating location alternatives (4)

A

locational cpv analysis
transportation model
factor rating
center of gravity method

72
Q

technique for evaluating location choices in economic terms

A

loc cpv

73
Q

comparison: traffic volumes, patterns

A

s/r

74
Q

steps in locational cpv analysis (3)

A
  1. determine the FC and VC associated with each location alt
  2. plot the total-cost lines for all location alt on the same graph
  3. determine which location will have the lowest total cost for the expected level of output
75
Q

special purpose algorithm used to determine the minimum transpo cost that would result

A

transportation model

76
Q

general apporach to evaluatinf locations that includes quantitative and qualitative

A

factor rating

77
Q

used to determine how to allocate the supplies available

A

transpo model

78
Q

D or R: unskilled labor

A

d

79
Q

treats distribution cost as linear function if the distance and quantity equipped

A

center of gravity

80
Q

used to analyze each configurations considered and receals the minimum costs each would provide

A

transpo model

85
Q

useful for evaluating given alternative and comparing alternative

A

factor rating

Operations Management (6 decks)

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