Question

EM 41. O h sen place because of the development of A) M O Mer e travel and when D Em Go t incentive and cal policies 2. Which of the following is not a key factors that may determine a business AP C are and economiei o Labor, calent, amitudes and productivity D) Press control Strategy E) Land and construction costs C or r e 3. Labor productivity is an essential cost consideration thus, If York College pays $70 per day to produce 60 units in New York, what is the labor cost per unit. A) 51.25 per unit B) $2.45 per unit C) S1.17 per unit D) SO.50 per unit E) SI.15 per unit 44. There are some costs that are difficult to evaluate, therefore, analysts develop the factor rating method using six steps; which of the following is not one of the six: A) Develop a list of relevant factors B) Assign a weight to each factor C Develop a scale for each factor D) Obtaining output at each workstation on a production line E) Multiply the score by the weight for each factor and total the score for each locatio 45. Regarding service location strategy, four of the eight determinant are as follows: A) Purchasing power of customer-drawing area B) Service and image compatibility with demographics C) Competition in the area D) Quality of the competition E) All of the above 6. True or False: Project management can be helpful in that; work tasks can be specific goal and deadline. True or False: The 3 types of forecasting are:1. Economic forecasts: 2. T forecasts:3. and Supply forecasts.

Answer 1

41. ill say all of the above because all ansers seem correct.

42. A, because political risk cant have any impact on business.

43. C. divide labour cost by units.

44. D

the six steps are:

1.Develop a list of relevant factors.

2.Assign a weight to each factor reflecting its relative importance to the firm.

3.Develop a rating scale for the factors.

4.Score each location on each factor based on the scale.

5.Multiply the scores by the weights for each factor and total the weighted scores for each location.

6.Make a recommendation based on the maximum point score, considering other [quantitative?] factors.