Chapter 18 Flashcards Preview

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Flashcards in Chapter 18 Deck (11)
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1
Q

center-of-gravity method

A

location-decision approach that calculates the best cost location for a distribution center serving multiple sites.

2
Q

clustering

A

locating near direct competitors as a strategy.

3
Q

factor-rating method

A

location-decision approach whereby decision criteria are prioritized and weighted to eliminate subjective decisions.

4
Q

fixed-position layouts

A

used for the production of large objects where materials and teams are brought to a single location, as in manufactured housing.

5
Q

leasehold improvements

A

changes made to adapt a rented property for a particular business.

6
Q

location breakeven analysis

A

a location selection method using cost-volume analysis.

7
Q

process layouts

A

functional layouts that work well where there are common processes.

8
Q

selling space

A

actual retail floor space excluding storage and warehousing, administrative, and utility areas.

9
Q

space percentage

A

the portion of a home used for business versus living space.

10
Q

product layouts

A

mass production layouts appropriate for continuous production processes.

11
Q

traffic generators

A

complementary businesses that attract customer traffic to a retailing area.