Assignment:
Q1. List factors, other than globalization, that affect the location decision? Explain the assumptions behind the center-of-gravity method. How can the model be used in a service facility location?
Q2. What are the three steps to locational cost–volume analysis? “Manufacturers locate near their resources, retailers locate near their customers.” Discuss this statement, with reference to the proximity-to-markets arguments covered in the text. Can you think of a counter-example in each case? Support your choices.
Provide complete and step by step solution for the question and show calculations and use formulas.