center of gravity method | Method for locating a distribution center that minimizes distribution cost.
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clustering | Similar types of businesses locate near each other.
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factor rating | General approach to evaluating locations that includes quantitative and qualitative inputs.
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geographic information system (GIS) | A computer-based tool for collecting, storing, retrieving, and displaying demographic data on maps.
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locational cost-profit-volume analysis | Technique for evaluating location choices in economic terms.
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microfactory | Small factory with a narrow product focus, located near major markets.
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