Question
A firm is locating a distribution facility that will serve four markets. These markets, their locations in X-Y space and their demand volumes are: Market
A firm is locating a distribution facility that will serve four markets. These markets, their locations in X-Y space and their demand volumes are:
Market | X | Y | Demand |
A | -4 | -5 | 3000 |
B | 4 | -10 | 1100 |
C | 3 | 6 | 800 |
D | 1 | 4 | 1300 |
The ideal location for this facility (in X-Y space) would be (approximately):
A) x = -0.63; y = -2.58
B) x = 3.24; y = -4.26
C) x = -0.63; y = -3.06
D) x = 0.48; y = -3.06
Step by Step Solution
3.42 Rating (161 Votes )
There are 3 Steps involved in it
Step: 1
We can solve this problem using Center of Gravity Method Let ...Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get StartedRecommended Textbook for
Managerial economics
Authors: william f. samuelson stephen g. marks
7th edition
9781118214183, 1118041585, 1118214188, 978-1118041581
Students also viewed these Corporate Finance questions
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
View Answer in SolutionInn App