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







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