An approach to location analysis that can include both qualitative and quantitative considerations is:
A) locational cost-profit-volume.
B) factor rating.
C) transportation model.
D) expected value (net present value).
E) financial analysis.

Question

Quizplus · Accepted Answer

Factor rating is a location analysis approach that allows for both qualitative and quantitative factors to be considered. Qualitative factors such as quality of life and labor availability can be given a numerical score and combined with quantitative factors such as transportation costs and tax rates to provide a comprehensive location analysis. The other options listed are primarily focused on quantitative factors and do not always account for qualitative considerations.

An Approach to Location Analysis That Can Include Both Qualitative