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Processing Information The triangle shows the location of the only 2 raw materials used to manufacture a product and the single market in which the
Processing Information The triangle shows the location of the only 2 raw materials used to manufacture a product and the single market in which the product is sold. The road network and the distance in miles between road junctions is also shown. There are 3 possible locations for the factory, A, B or C. In order to manufacture 1 ton of finished product, 2 tons of raw material 1 (RM1) and 1 ton of raw material 2 (RM2) are required. Transportation costs has been set to $1 per ton mile, for both, raw material and finished product. 1) Complete the matrix below to carry-out your transport cost analysis. Then, determine where the plant should be located in order to minimize transport cost when producing 1 ton of finished product
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