topic 7 - location planning & analysis

Question 1

Whats the location decision process

Answer 1

1) Identify the important factors
2) gather information on appropriate sites
3) eliminate some to obtain a short list
4) site visits and meetings
5) evaluate and make selection

Question 2

what are some foreign location factors

Answer 2

-Political stability
-Attitude towards foreign companies
-language and cultural differences
-exchange rates and currency risks

Question 3

What are some regional factors?

Answer 3

-Location of raw materials
-Location of markets
-Labor availability
-Other costs

Question 4

What are some community considerations?

Answer 4

-Availability of skilled workers
-Livability
-Economics
-Attitudes

Question 5

What are some site related factors

Answer 5

-Site size and room for expansion
-Utility and sewer capacity
-Parking and road access
-Zoning restrictions

Question 6

Factors when considering service and retail locations?

Answer 6

Customer Access and market size
Demographics
Traffic Volume
Transportation systems and clustering

Question 7

what are ways to evaluate location alternatives?

Answer 7

-Location break-even analysis
-Transportation model (optimization)
-Factor rating
-Centre of gravity method
-Location analysis software