Question 2 Locating a facility is a decision that any company should make at some point. It is a decision that is made at the organizational level and has a profound effect on different aspects of the company. Many of the operations that are performed within the company depend deeply on the location of its facilities. There are many factors that can determine where an organization will locate its facilities. For any given situation, some factors become more important than others in how facility location affects an organization's performance. Facility location is categorized as a strategic decision, because it is concerned with the whole environment in which the firm operates and it involves the entire resources and the people who form the company and the interface between the two. Like any other strategic decision, facility location has long term effects on company's operation Economic changes that occur during a facility's lifetime can drastically alter the appeal of a particular site, turning today's optimal location into tomorrow's investment blunder. Determining the best locations for new facilities is thus an important strategic challenge. This decision can also impact various parts of a company's supply chain and can have a long-term effect on total logistics costs. a) Explain any two factors to consider when deciding on the location to build your production plant (AN, 6) b) Explain the most critical factor to consider when choosing a site to build a bank (AP, 5) c) Explain any two living conditions to consider when siting a bank (AP, 7) d) Despite an effective assessment of all potential location and choosing the most efficient one, that site may still turn out to non-economical in the course of time. Discuss any two potential risk factors that can affect the performance of a company sited at the best choice location (AP, 7) TOTAL 1251