Which of the following are the assumptions for the locational cost profit volume analysis
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Which of the following are the main options generally considered by managers in location planning of existing companies?
which of the following are the main options generally considered by managers in location planning of existing companies? decide, identify, develop, evaluate.
Which of the following is a step in the procedure for making location decisions?
As with capacity planning, managers need to follow a three-step procedure when making facility location decisions.
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Procedure for Making Location Decisions
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Procedure for Making Location Decisions
- Step 1 Identify Dominant Location Factors. …
- Step 2 Develop Location Alternatives. …
- Step 3 Evaluate Location Alternatives.
How can existing companies do location planning?
There are many options for location planning. Corporations choose from expanding an existing location, shutting down one location and moving to another, adding new locations while retaining existing facilities, or doing nothing. … After a location or locations have been chosen a cost-profit-volume analysis is done.
What factors should be considered when selecting a site for a new manufacturing facility quizlet?
What factors should be considered when selecting a site for a new manufacturing facility? Locations of major customers and suppliers. Availability and cost of skilled and unskilled labor. Quality of life for employees and management in the proposed location.
Which of the following is the last step in the procedure of making location decisions?
Detailed Solution. The correct answer is evaluating the decision’s effectiveness.
Which of the following assumptions is not associated with strategies for goods producing location decisions?
Which of the following assumptions is NOT associated with strategies for goods-producing location decisions? Answer: C) High customer-contact issues are critical.
What are the seven major factors that affect location decisions?
The seven factors affecting a location decision in operations management are facilities, competition, logistics, labor, community and site, political risk and incentives, according to Reference for Business.
Which factors would be most important in selecting the location of a new manufacturing plant?
An important factor for locating new manufacturing plants is: favorable labor climate.
What are the factors influencing location?
I. Geographical Factors:
- Raw Materials: ADVERTISEMENTS: …
- Power: Regular supply of power is a pre-requisite for the localisation of industries. …
- Labour: …
- Transport: …
- Market: …
- Water: …
- Site: …
- Climate:
What are the main factors that affect the decision of a manufacturing company about where to locate?
Entrepreneur Jake Fox reveals the key factors a business needs to consider when selecting a new location.
- Accessibility. Does your business rely on frequent deliveries? …
- Security. …
- Competition. …
- Business Rates. …
- Skill base in the area. …
- Potential for growth.
What are the locational factors of industries Class 8?
The factors affecting the location of industries are the availability of raw material, land, water, labour, power, capital, transport and market. Industries are situate d where some or all of these factors are easily available.
Which of the following factor does not influence the location of a business?
Answer: Stock market is one of the factor which has least influence on the location of industries.
What is an Agrobased industry?
Agro-based industry would mean any activity involved in cultivation, under controlled conditions of agricultural and horticultural crops, including floriculture and cultivation of vegetables and post-harvest operation on all fruits and vegetables.
Which is the agro-based industry Class 8?
Answer: Agro-based industries use plant and animal-based products as their raw materials. It is a source of employment for people in rural areas. Food processing, vegetable oil, cotton textile, dairy products and leather industries are examples of agro-based industries.
What do you know about agro-based industries?
Industries that have agricultural produce as raw materials are known as Agro-based Industries. These are consumer-based industries. Cotton, jute, silk, woollen textiles, sugar and edible oil, etc. industry are based on agricultural raw materials.
Which one is an example of AGO based industry?
Agro-based industries use agricultural products as raw materials. Two examples of agro- based industries are cotton textile industry and jute industry.
What factors are responsible for classification of agro climatic regions?
Agro-climatic conditions mainly refer to soil types, rainfall, temperature and water availability which influence the type of vegetations.
How many types of agro based industries are there?
Industries which are based on agricultural produce and industries which support agriculture come under agro-based industries. There are four types of agro-based industries. They merely process the raw material so that it can be preserved and transported at cheaper cost.
What is agro based Class 10?
(a) Agro-Based Industries : Industries that are depended on the raw materials produced by the agricultural sector e.g. cotton, jute, textile, sugar, tea, coffee, etc.
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