Chunking involves dividing information into smaller units to make it easier for the human memory to store and recall. Location numbering systems use chunking by breaking numbers and letters into blocks of 1-3 characters each, known as chunks, with each chunk requiring the same memory space. Punctuation should be avoided between chunks in location numbering as it increases the cognitive load of remembering the number by adding extra chunks. More information on chunking and location numbering systems can be found on the provided website.