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paraphrase the following: When viewing it from a quantifiable aspect, our Panopto video Dr. Howell provides, discusses the Gravity Location Model and how it is
paraphrase the following: When viewing it from a quantifiable aspect, our Panopto video Dr. Howell provides, discusses the Gravity Location Model and how it is solved in excels solver program. The Supply Chain Management textbook states that, the gravity location model is used to help identify suitable locations to minimize the cost of transporting raw materials from suppliers and finished goods to the markets served. The nonlinear method of optimization helps us solve the gravity location model in excel by following these steps. Run solver in excel by selecting GRG nonlinear and the results that appear will be based on the starting point of the graph that are manipulated by changing X. In the example h(x)=(x-6)2 solver finds the minimum of X. Go to data, select solver, objective function should be $F$24 which is h(x). The objective should be set to minimization. The variable cell should be $E$24. The solving method should be GRG nonlinear. When assessing the problem for being nonlinear, it needs to be a polynomial of the variable x, raised to a power, the graph should have a curve. Select solve and then ok. Excel will come to your solution. This an easy way of executing difficult
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