Which of the following statements about facility location is most accurate?
A) Very few firms are still influenced by labor costs when making decisions about where to locate.
B) Recent changes in information technology have led firms to favor locations near major urban areas.
C) Manufacturers often seek to reduce time-to-market by locating facilities in areas with access to key modes of transportation.
D) No matter how large they become, most companies ultimately choose to locate major facilities within a few miles of the area in which they started business.

Question

Quizplus · Accepted Answer

Manufacturers often seek to reduce time-to-market by locating facilities in areas with access to key modes of transportation. This is because being located near ports, highways, and airports can significantly reduce the transportation time for raw materials and finished goods, leading to quicker delivery times and faster response to customer demands.

Which of the Following Statements About Facility Location Is Most