Red Lobster also defines its trade areas based on market size and population density. Here are its

Question:

Red Lobster also defines its trade areas based on market size and population density. Here are its seven density classes:

DENSITY CLASS DESCRIPTION HOUSEHOLDS PER SQ. MILE 1 Super Urban 8,000+

2 Urban 4,000−7,999 3 Light Urban 2,000−3,999 4 First Tier Suburban 1,000−1,999 5 Second Tier Suburban 600−999 6 Exurban/Small 100−599 7 Rural 0−99 Note: Density classes are based on the households and land area within 3 miles of the geography

(e.g., census tract) using population-weighted centroids.

The majority (92%) of the Red Lobster restaurants fall into three of these classes. Which three classes do you think the chain has the most restaurants in? Why? Lop9

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Operations Management Sustainability And Supply Chain Management

ISBN: 9781292295039

13th Global Edition

Authors: Jay Heizer, Barry Render, Chuck Munson

Question Posted: