Chapter 8 Rapid Review
| Main Heading | Review Material | MyOMLab |
|---|---|---|
| THE STRATEGIC IMPORTANCE OF LOCATION (pp. 340–341) | Location has a major impact on the overall risk and profit of the company. Transportation costs alone can total as much as 25% of the product’s selling price. When all costs are considered, location may alter total operating expenses as much as 50%. Companies make location decisions relatively infrequently, usually because demand has outgrown the current plant’s capacity or because of changes in labor productivity, exchange rates, costs, or local attitudes. Companies may also relocate their manufacturing or service facilities because of shifts in demographics and customer demand. Location options include (1) expanding an existing ... |
Get Operations Management: Sustainability and Supply Chain Management, Twelfth Edition now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.
