An approach to location analysis that includes both qualitative and quantitative considerations is
A) locational cost-volume
B) factor-rating
C) transportation model
D) assignment method
E) make or buy analysis

Question

Quizplus · Accepted Answer

The factor-rating method combines both qualitative and quantitative factors. Qualitative factors such as labor availability and quality of life can be assigned numerical values and then combined with quantitative factors such as transportation costs and taxes to come up with an overall score for each potential location. The other options listed mainly focus on quantitative considerations such as costs and transportation.

An Approach to Location Analysis That Includes Both Qualitative and Quantitative