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history, Academy of Management Journal, Vol. 32, 489- 515. Frishammar, J. (2003), Information use
in
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|
P
a
g
e

Allocation
of
resources
The
production
units
face
continuous
problems
of
allocating
the
scarce
resources
like
capital,
machines,
equipments,
materials,
manpower,
services,
etc.
Allocation
at
the
right
time
to
the
right
place
of
production
indicates
the
efficiency
of
the
production
planners.

Facility,
capacity,
and
layout
planning
The
location,
layout,
and
facilities
creation
for
the
production
are
the
key
decision
areas
for
the
operations
manager.
Q.
No
2.
Describe
the
general
factors
that
influence
the
plant
location
decision.
Ans.2
The
general
factors
that
influence
the
plant
location
are
listed
as
follows:

Availability
of
land

Availability
of
land
plays
an
important
role
in
determining
the
plant
location.
On
several
occasions,
our
plans,
calculations
and
forecasts
suggest
a
particular
area
as
the
best
to
start
an
organisation.

Availability
of
inputs

While
choosing
a
plant
location,
it
is
very
important
for
the
organisation
t
o
get
the
labor
at
the
right
time
and
good
quality
raw
materials.

Closeness
to
market
places

It
is
advisable
to
locate
the
plant
near
to
the
market
place,
when:

The
projected
life
of
the
product
is
low

The
transportation
cost
is
high

The
products
are
delicate
and
susceptible
to
spoilage

After
sales
services
have
to
be
prompt

Communication
facilities

Communication
facility
is
also
an
important
factor
which
influences
the
location
of
a
plant
We
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XYZ
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&
BSE.
However
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Company
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year.
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Also
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EMH
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(10
Marks)
Q.2. PSL Ltd. is a textile manufacturing Company with annual turnover of Rs. 1,200 Crores. The
Company
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(10
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Crores. The Company is expecting inflow of US$ 5 million in the month of April 2017. As a CFO
you
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