Utilize the input text as a context reference, choose the right relationship between FedEx and Little Rock from the options. Options: product/material produced, manufacturer, distributed by, industry, position held, original broadcaster, owned by, founded by, distribution format, headquarters location, stock exchange, currency, parent organization, chief executive officer, director/manager, owner of, operator, member of, employer, chairperson, platform, subsidiary, legal form, publisher, developer, brand, business division, location of formation, creator.

In 1971, Smith turned Ark Aviation Sales of Little Rock into FedEx and moved his operation to Memphis.

Answer: location_of_formation