1. The objective of ACM for location strategy is to maximize the benefit of location with respect to cost and innovation, briefly discuss in this context the advantages disadvantages of each location given in the case study? 2. Identify and explain atleast three (3) relevant factors that are not mentioned in this case study might play a role in the team's decision? 3. Discuss the role of transport infrastructure as an important factor for decision making in this case.

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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1. The objective of ACM for location strategy is to
maximize the benefit of location with respect to cost and
innovation, briefly discuss in this context the advantages
disadvantages of each location given in the case study?
2. Identify and explain atleast three (3) relevant factors that
are not mentioned in this case study might play a role in
the team's decision?
3. Discuss the role of transport infrastructure as an important
factor for decision making in this case.
List and explain the factors that might change in future
and how do you think these influence the decision?
"Manufacturers locate near their resources, retailers locate
near their customers", Discuss this statement in the
context of ACM.
6. Why do you think the ACM should not consider the low
labor cost only factor for decision making?
7. Which location do you recommend? Why?
Transcribed Image Text:1. The objective of ACM for location strategy is to maximize the benefit of location with respect to cost and innovation, briefly discuss in this context the advantages disadvantages of each location given in the case study? 2. Identify and explain atleast three (3) relevant factors that are not mentioned in this case study might play a role in the team's decision? 3. Discuss the role of transport infrastructure as an important factor for decision making in this case. List and explain the factors that might change in future and how do you think these influence the decision? "Manufacturers locate near their resources, retailers locate near their customers", Discuss this statement in the context of ACM. 6. Why do you think the ACM should not consider the low labor cost only factor for decision making? 7. Which location do you recommend? Why?
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