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Use the Table Below to Answer the Following Question(s) -In EOQ Model, ________ Is the Estimate on How Long

question 36

Multiple Choice

Use the table below to answer the following question(s) .
Shirley Templeton is a real estate agent for Paralol Realty.Shirley is given the responsibility to manage potential customers for 5 of the Realty's bungalows.These 5 bungalows are situated in close proximity.In order to make traveling easire, Shirley decides to move to a location closer to the 5 bungalows.The table below gives the location (X and Y coordinates) of the 5 bungalows along with the number of trips she would have to make to each bungalow.Create a nonlinear model based on the data given in the table below noting that the objective is to reduce the weighted distance between Shirley's accommodation and the 5 bungalows.
$\begin{array}{l}\text { Bungalow Location }\\\begin{array}{|l|l|l|l}\hline & & & \\\hline \text { Data } & \text { X-coordinate } & Y \text {-coordinate } & \text { Trips/Month } \\\hline \text { Location } & 0 & 0 & 6 \\\hline \text { Bungalow 1 } & 25 & 100 & 30 \\\hline \text { Bungalow 2 } & 20 & 75 & 15 \\\hline \text { Bungalow 3 } & 90 & 80 & 28 \\\hline \text { Bungalow 4 } & 60 & 100 & 10\end{array}\end{array}$

-In EOQ model, ________ is the estimate on how long it takes an order to be received after it is placed.

Definitions:

Agricultural Production

The process of cultivating crops and livestock for human consumption, a key sector in economies for providing food and raw materials.

Factory Workers

Individuals employed in factories or industrial sites, responsible for operating machinery, assembling products, and performing other tasks related to manufacturing.

Modernize

The process of adapting something to meet current standards or needs, often through the adoption of new technologies or practices.

Cultivated

Refers to land that has been prepared and used for crop production or gardening, also implies refinement or development of the mind or manners.