What are the advantages and disadvantages of a qualitative (as opposed to a quantitative) approach to location decision making?
Answer to relevant QuestionsExplain the assumptions behind the center-of-gravity method. How can the model be used in a service facility location?The operator drops a past, which you pick up and hand to him. Does this make any difference in a time study? If so, how?Explain what is meant by the expression “robust model”. Specifically, what would you tell a manager who exclaimed, “Uh-oh, we’re in trouble! The calculated EOQ is wrong; actual demand is 10% greater than estimated.”What is the relationship between the aggregate plan and the master production schedule?What is the due date?
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