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5 Cards in this Set

  • Front
  • Back
Geographic information system (GIS)
A computer-based tool for collecting, storing, retrieving, and displaying demographic data on maps.
Microfactory
Small factory with a narrow product focus, located near major markets.
Location cost-profit-volume analysis
Technique for evaluating location choices in economic terms.
Factor rating
General approach to evaluating locations that includes quantitative and qualitative inputs.
Center of gravity method
Method for locating a distribution center that minimizes distribution cost.