om300 exam 3 Questions with 100% Correct
Answers
Where is the "superhub" for Fedex located?— Correct
Answer: Memphis, Tennessee
Companies often make location decisions based on the
economics of transportation. Firms that used this strategy
with which of the following?— Correct Answer: rivers and
ports
What is the major difference in focus between a
location decision in the service sector vs. the
manufacturing sector?— Correct Answer: the focus in
service is on revenue maximization, while the focus in
manufacturing is on cost minimization.
Which of the following statements is NOT true regarding
location decisions?— Correct Answer: Once
management is committed to a specific location, many
costs become relatively easy to reduce
In Myanmar, seven laborers, each making the
equivalent of $2.50 per day, can produce 38 unites per
day. In China, nine laborers, each making the
, equivalent of $2.25 per day, can produce 45 units. In
Billings, Montana, three laborers, each making $60.00
per day, can make 105 units.
Based on labor cost per unit only, the most economical
location to produce the item is ________, with a labor
cost unit of $____.— Correct Answer: China; $0.45
In Myanmar, seven laborers, each making the
equivalent of $3.00 per day, can produce 38 units per
day. In China, eleven laborers, each making the
equivalent of $2.00 per day, can produce 45 units. In
Billings, Montana, three laborers, each making $63.00
per day, can make 102 units.
Shipping cost from Myanmar to Denver, Colorado, the
final destination, is $2.00 per unit. Shipping cost from
China to Denver is $1.25 per unit, while the shipping cost
from Billings, Montana to Denver is $0.25 per unit.
Answers
Where is the "superhub" for Fedex located?— Correct
Answer: Memphis, Tennessee
Companies often make location decisions based on the
economics of transportation. Firms that used this strategy
with which of the following?— Correct Answer: rivers and
ports
What is the major difference in focus between a
location decision in the service sector vs. the
manufacturing sector?— Correct Answer: the focus in
service is on revenue maximization, while the focus in
manufacturing is on cost minimization.
Which of the following statements is NOT true regarding
location decisions?— Correct Answer: Once
management is committed to a specific location, many
costs become relatively easy to reduce
In Myanmar, seven laborers, each making the
equivalent of $2.50 per day, can produce 38 unites per
day. In China, nine laborers, each making the
, equivalent of $2.25 per day, can produce 45 units. In
Billings, Montana, three laborers, each making $60.00
per day, can make 105 units.
Based on labor cost per unit only, the most economical
location to produce the item is ________, with a labor
cost unit of $____.— Correct Answer: China; $0.45
In Myanmar, seven laborers, each making the
equivalent of $3.00 per day, can produce 38 units per
day. In China, eleven laborers, each making the
equivalent of $2.00 per day, can produce 45 units. In
Billings, Montana, three laborers, each making $63.00
per day, can make 102 units.
Shipping cost from Myanmar to Denver, Colorado, the
final destination, is $2.00 per unit. Shipping cost from
China to Denver is $1.25 per unit, while the shipping cost
from Billings, Montana to Denver is $0.25 per unit.
