Determine the center of gravity location for a company that wants to serve customers located in...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
Determine the center of gravity location for a company that wants to serve customers located in Chicago, Detroit, Indianapolis, and Cincinnati Market Chicago Detroit Latitude Longitude Population in Matrix 41.85 87.65 3,250,000 42.33 83.05 86.15 Indianapolis 39.77 Cincinnati 39.14 84,48 880,600 843,300 258,300 a. Determine the center of gravity location using the above information about latitude, longitude and population for four cities. (Do not round intermediate calculations. Round your answers to 2 decimal places.) Latitude Longitude Determine the center of gravity location for a company that wants to serve customers located in Chicago, Detroit, Indianapolis, and Cincinnati Market Chicago Detroit Latitude Longitude Population in Matrix 41.85 87.65 3,250,000 42.33 83.05 86.15 Indianapolis 39.77 Cincinnati 39.14 84,48 880,600 843,300 258,300 a. Determine the center of gravity location using the above information about latitude, longitude and population for four cities. (Do not round intermediate calculations. Round your answers to 2 decimal places.) Latitude Longitude
Expert Answer:
Answer rating: 100% (QA)
ANSWER Lets start by calculating the total population of t... View the full answer
Related Book For
Fundamentals of Investments
ISBN: 978-0132926171
3rd edition
Authors: Gordon J. Alexander, William F. Sharpe, Jeffery V. Bailey
Posted Date:
Students also viewed these general management questions
-
Calculate Candy Cummings's rate of return in parts (a) and (b) of Problem 10, assuming that the short loan was flat but the initial margin deposit earned interest at a rate of 8%, and that the prices...
-
Investors expect the market rate of return in the coming year to be 12%. The T-bill rate is 4%. Changing Fortunes Industries stock has a beta of .5. The market value of its outstanding equity is $100...
-
The required rate of return in valuing an asset is based on the risk involved. Identify two types of risk that affect investments and briefly describe them.
-
Your geothermal heat pump is used to heat your house in the winter. The heat pump is operated as a vapor-compression cycle. The design is such that there must be a 10 degree temperature difference...
-
Explain why it is important for operations managers to understand the local culture and practices of the countries in which a firm does business. What are some of the potential consequences if they...
-
Whoever thrusts a knife into another person should be arrested. But surgeons do precisely this when operating. Therefore, surgeons should be arrested. Identify the fallacies of relevance committed by...
-
In the discussion at the beginning of this chapter, do you think the motivations for holding cash are reasonable?
-
Condensed financial data of Sinjh Inc. follow. Additional information: 1. New plant assets costing $80,000 were purchased for cash during the year. 2. Old plant assets having an original cost of...
-
The shareholders' equity of HS Corporation includes $400,000 of $1 par common stock and $700,000 par of 7% cumulative preferred stock. The board of directors of HS declared cash dividends of $80,000...
-
Fitz Products Inc. reported $1,075,049 profit in 2023 and declared preferred dividends of $75,100. The following changes in common shares outstanding occurred during the year. Jan. 1 78,000 common...
-
The following materials standards have been established for a particular raw material used in the company's sole product: Standard quantity per unit of output 1.0 pound Standard price $16.60 per...
-
Oahu Kiki tracks the number of units purchased and sold throughout each accounting period but applies its inventory costing method perpetually at the time of each sale, as if it uses perpetual...
-
A LED lightbulb is on for 6 hours a day for a month (30 days) and produces 5,250,000 J of light energy. The bulb is 90% efficient. a. How much total energy does the lightbulb convert from electrical...
-
How do administrative bodies, such as the CMS , make policy?
-
Given the following information for a company, find its WACC. Assume the company's tax rate is 2 5 percent. Debt: 1 7 , 0 0 0 , 5 . 2 percent coupon bonds outstanding, $ 1 , 0 0 0 par value, 1 0...
-
https://bridgeport.instructure.com/courses/1930495/files/146735465/download?download_frd=1&verifier=uLaiRYeuTg9mrb5Gj6CnjhMYBZuT89CD52EHikK8https://bridgeport.instructure.com/courses/1930495/files/146...
-
If you were a researcher who believed that individual differences were primarily determined by nurture (i.e., shaped by one??s upbringing and environment) what arguments would you use to support your...
-
A red card is illuminated by red light. What color will the card appear? What if its illuminated by blue light?
-
What is the purpose of SI PC insurance? Given the late 1980s experience of banking and savings and loan deposit insurance programs, under what conditions might SIPC insurance be expected to be...
-
Merrillan Motors had earnings of $8 million last year. It made $5 million of investments in projects with positive net present value s. Pat Collins owns 20% of the firm's common stock. Assume that...
-
Based on the risk and return relationships of the CAPM, supply values for the seven missing data in the following table. Expected Return Standard Deviation Nonmarket Risk i Security Beta 0.8 1.5 81...
-
Paramount Corporation acquired its 75 percent investment in Sun Corporation in January 2012, for \($2,910,000,\) and accounts for its investment internally using the complete equity method. At the...
-
Below are the pre-combination condensed balance sheets of Princecraft and Sylvan Companies just prior to Princecrafts acquisition of 90 percent of the voting shares of Sylvan for \($43\) million in...
-
On January 1, 2013, Palomar Resorts acquired 65 percent of the stock of Sahara Hotel & Casino for \($41.45\) million in cash and stock. The date-of-acquisition fair value of the noncontrolling...
Study smarter with the SolutionInn App