| center of gravity method | a method for locating a distribution center that minimizes the costs of distribution.
|
 |
 |
 |
| factor rating | a general approach to evaluating locations that includes quantitative and qualitative inputs.
|
 |
 |
 |
| geographical information system (GIS) | a computer-based tool for collecting, storing, retrieving and displaying demographic data on maps.
|
 |
 |
 |
| locational cost-profit-volume analysis | a technique for evaluating location choices in economic terms.
|
 |
 |
 |
| microfactory | a small factory with a narrow product focus located near a major market.
|
 |
 |
 |
| threshold | a minimum required value for a composite factor rating score; if an alternative does not meet or exceed the threshold value, it is eliminated from further consideration.
|