When various alternatives for the location are compared in terms of cost & volume then which method is followed? ans. Centroid Method Break Even Analysis Factor Rating System Minimax Model

The economics of the least-cost location deals with –Group of answer choicesrelocating to a developing country.locating in a world city.economically minimizing transportation costs.minimizing labor pools.

how cost is a major factor for location of one industry

The magnitude of the transportation costs in a production process of a given land use anothe relative sensitivity of these transportation costs to distance from the city centerdetermine: O a. The optimal size of the buildings in the area. O b. The optimal distance from the city centre. O c. The ease of transportation. O d. The slope of the bid-rent function. O e. The cost of real estate taxes.

Which of the following factors would be best for choosing the business location?*1 pointClustering of competitor establishmentsImage and location conditionsExact fit to target consumer demographicsFiscal and government requirements

Sometimes a company is willing to spend millions to move their facility from one location to another in order to increase buyer traffic, drawing more potential .