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The Idea Behind a Weighted Center-Of-Gravity Approach Is That a Prospective

question 73

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The idea behind a weighted center-of-gravity approach is that a prospective warehousing facility will be located closer to the existing sites with the greatest current demand.


Definitions:

Book Value

The value of a company's assets minus its liabilities, as recorded on the balance sheet.

Market Value

The current quoted price at which an asset or service can be bought or sold in a marketplace.

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