Traffic counts and purchasing power analysis of drawing area are techniques associated with:
A) locational cost-volume analysis.
B) a manufacturing location decision.
C) a retail or professional service location decision.
D) the factor-rating method.
E) the transportation model.

Question

Quizplus · Accepted Answer

Traffic counts and purchasing power analysis are techniques primarily used in retail or professional service location decisions. Locational cost-volume analysis is a different technique used to determine the optimum location for a manufacturing facility based on factors such as production costs and transportation costs. The factor-rating method is a technique used in site selection decisions to evaluate potential locations based on a set of predetermined criteria. The transportation model is a mathematical technique used to optimize transportation routes and costs.

Traffic Counts and Purchasing Power Analysis of Drawing Area Are