OM 300 TEST 3 CHILCUTT CORRECT
100%
tangible costs - ANSWERcost that are readily identifiable and precisely measured.
labor, material, taxes, and depreciation.
Clustering - ANSWERlocating somewhere near your your competitors and near
reseources for your business.
Factor Rating Method - ANSWERA procedure or technique to evaluate multiple
alternatives based on a number of selected factors. A location method that instills
objectivity into the process of identifying hard-to-evaluate costs
location cost-volume analysis - ANSWERTechnique for making an economic
commission of location alternatives by identifying fixed and variable cost.
center of gravity method - ANSWERmathematical equation for finding the location of
a distribution center that will minimize distribution cost
Intangible costs - ANSWERquality of education, public transportation facilities,
community attitudes toward the industry, and quality and attitude of prospective
employees.
transportation model - ANSWERprocess to determine the best pattern for shipments
from several points of supply to demand destinations to minimize total production
and transportation costs.
Geographic Information System (GIS) - ANSWERStores, accesses, displays, and
links demographic information to a geographical location.
labor planning - ANSWERdetermines staffing policies that deal with employment
stability, work schedules, and work rules.
job design - ANSWERspecifies the tasks that constitutes a job for an individual or a
group.
labor specialization - ANSWERDivision of labor that assist in reducing labor costs of
multi skilled artisans
job enlaergemnt - ANSWERadd tasks requiring similar skill to existing job
job rotation - ANSWERversion of job enlargement that occurs when the employee is
allowed to move from one specialized job to another
100%
tangible costs - ANSWERcost that are readily identifiable and precisely measured.
labor, material, taxes, and depreciation.
Clustering - ANSWERlocating somewhere near your your competitors and near
reseources for your business.
Factor Rating Method - ANSWERA procedure or technique to evaluate multiple
alternatives based on a number of selected factors. A location method that instills
objectivity into the process of identifying hard-to-evaluate costs
location cost-volume analysis - ANSWERTechnique for making an economic
commission of location alternatives by identifying fixed and variable cost.
center of gravity method - ANSWERmathematical equation for finding the location of
a distribution center that will minimize distribution cost
Intangible costs - ANSWERquality of education, public transportation facilities,
community attitudes toward the industry, and quality and attitude of prospective
employees.
transportation model - ANSWERprocess to determine the best pattern for shipments
from several points of supply to demand destinations to minimize total production
and transportation costs.
Geographic Information System (GIS) - ANSWERStores, accesses, displays, and
links demographic information to a geographical location.
labor planning - ANSWERdetermines staffing policies that deal with employment
stability, work schedules, and work rules.
job design - ANSWERspecifies the tasks that constitutes a job for an individual or a
group.
labor specialization - ANSWERDivision of labor that assist in reducing labor costs of
multi skilled artisans
job enlaergemnt - ANSWERadd tasks requiring similar skill to existing job
job rotation - ANSWERversion of job enlargement that occurs when the employee is
allowed to move from one specialized job to another
