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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.)
Transportation by Truck
The conveyance of goods and materials by road using trucks, as part of the logistics and freight industry.
Economical
Pertaining to efficient use or management of resources to prevent wasteful expenditures.
Wheel of Retailing
is a concept that illustrates how new retailing forms often start at a low price point with minimal services before evolving into more established forms with higher costs and services.
Competitive Foothold
A strategic position obtained by a company in a market that gives it an advantage over its competitors.
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