Scenario: Wilson Industries, Inc.
Wilson Industries, Inc. is a multinational firm that designs and produces tourist nik-naks for major destinations worldwide. The company's board of directors is meeting to discuss changes that might be needed in the company's operations.
-If Wilson Industries actually selects a new location for production operations, the company will have made a ________ decision.

Question

Quizplus · Accepted Answer

The decision to select a new location for production operations pertains to facilities location planning, as it involves determining the best geographic location for the company to operate in order to optimize efficiency and other factors such as labor costs, transportation costs, and access to resources. Capacity planning focuses on determining the best quantity of goods or services to produce, process planning deals with the methods to produce goods or services, and facilities layout planning is concerned with the arrangement of equipment and resources within a production facility.