A Company Wants to Determine Where They Should Locate a New

question 31

Multiple Choice

A company wants to determine where they should locate a new warehouse.They have two existing production plants and will have volume of shipping of 250 units a day.Plant B is located at the (X, Y) coordinates of (150, 200) and will have a volume of shipping of 150 units a day.Using the centroid method, which of the following are the X and Y coordinates for the new plant location?

• A)(81,117)
• B)(88, 138)
• C)(117,102)
• D)(76,123)
• E)X and Y coordinates cannot be computed from the data given

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Definitions:

Power Cords

Electrical cables that connect an appliance, device, or equipment to the main electricity supply.

Third Worker

Refers to an additional laborer in a scenario, typically discussed in the context of marginal productivity or the law of diminishing returns.

Profit-Maximizing Quantity

The level of production at which a firm achieves the highest possible profit.

Good Increases

A term that is not well-defined in an economic context; possibly refers to growth in the quality or quantity of goods.