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15 Cards in this Set
- Front
- Back
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Node long run
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dynamic
can move around |
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Node short run
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static
dont move |
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Major determinants in the location decision process
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distance
transportation cost |
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industry incentives
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tax reduction
financing utility rate and reduction rent free buildings |
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Heuristic programming
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rules of thumb
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simulation
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mathematical
not best solution |
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linear programming
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optimum solution based on constraints
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grid technique
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static approach
starting point |
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limitations of the grid technique
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static
actual transportation rates increase with distance lakes, rivers, mountains direction of movement |
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blanket rates
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rate does not increase with ditance and the rate is the same to all points in the blanket area
allows competition must be approved by agency |
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commercial zone
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blanket area
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transit privileged
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middle points will charge the same as going in a straight line
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extent of market area
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the geographic point where the cost are equal for 2 competitors
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LDC laid down cost
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delivered cost of a product to geographical point
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what is sensitivity analysis
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what if?
move it here and see how it changes |
