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A company has determined the "demand points" and their relative locations as follows:
a.If a company desires to locate a manufacturing facility at the center of gravity,what would be the x- and y-coordinates of the facility?
b.If a facility were to be located at (15,15),what would be the load-distance score? (Assume rectilinear distance)
c.If a facility were to be located at (15,15),what would be the load-distance score? (Assume Euclidean distance)
Budget Procedure
The process involving the creation, approval, and implementation of a financial plan for a business or an organization.
Top-Down Managerial
A management approach where decision-making and direction come from the top levels of the organization and flow downward.
Profit-Making Businesses
Enterprises or organizations that operate with the primary goal of earning financial profits.
Budgetary Slack
Excess resources set within a budget to provide for uncertain events.
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