There are three markets to be served by Faith Distributing Co. The company desires to centrally locate
Question:
There are three markets to be served by Faith Distributing Co. The company desires to centrally locate the facility to minimize transportation costs. The (X,Y) coordinates in kilometers to the center of each market from a grid overlaying the markets are: M1 = (30,52); M2 = (120,25); and M3 = (45,125). The forecasted demands over the next five years for each market are: M1 = 125,000 units; M2 = 80,000 units; and M3 = 45,000 units. Using the center-of-gravity technique find the COG, and create a grid map showing the three markets and the COG location.
Fantastic news! We've Found the answer you've been seeking!
Hi there. I'm here to assist you to score the highest marks on your assignments and homework. My areas of specialisation are:
Auditing, Financial Accounting, Macroeconomics, Monetary-economics, Business-administration, Advanced-accounting, Corporate Finance, Professional-accounting-ethics, Corporate governance, Financial-risk-analysis, Financial-budgeting, Corporate-social-responsibility, Statistics, Business management, logic, Critical thinking,
So, I look forward to helping you solve your academic problem.
I enjoy teaching and tutoring university and high school students. During my free time, I also read books on motivation, leadership, comedy, emotional intelligence, critical thinking, nature, human nature, innovation, persuasion, performance, negotiations, goals, power, time management, wealth, debates, sales, and finance. Additionally, I am a panellist on an FM radio program on Sunday mornings where we discuss current affairs.
I travel three times a year either to the USA, Europe and around Africa.
As a university student in the USA, I enjoyed interacting with people from different cultures and ethnic groups. Together with friends, we travelled widely in the USA and in Europe (UK, France, Denmark, Germany, Turkey, etc).
So, I look forward to tutoring you. I believe that it will be exciting to meet them.