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Two plants are to serve three market points through one warehouse. Volume flowing either to or from each point and the associated transportation rates are
Two plants are to serve three market points through one warehouse. Volume flowing either to or from each point and the associated transportation rates are given as follows:
Point (i) | Volume Vi (cwt.) | Transportation rate Ri ($/cwt./mi.) | Xi | Yi |
P1 | 5000 | 0.040 | 3 | 8 |
P2 | 7000 | 0.040 | 8 | 2 |
M1 | 3500 | 0.095 | 2 | 5 |
M2 | 3000 | 0.095 | 6 | 4 |
M3 | 5500 | 0.095 | 8 | 8 |
Using the center-of-gravity method, find the optimal location for a warehouse and state the coordinates of the location.
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