A Package Delivery Service Wants to Build a New Distribution

question 79

Multiple Choice

A package delivery service wants to build a new distribution centre in Calgary, Alberta. The location of the centre needs to be in the vicinity of Deerfoot Trail, Highway 22 and the Calgary Airport. The following table provides the coordinates of these three sites and the number of weekly packages. Deerfoot Trail Highway 22 Airport
X = 20 x = 26 x = 36
Y = 35 y = 13 y = 19
W = 16,000 W = 11,000 W = 8,000
The suggested coordinates for the new warehouse using the centre of gravity method are

• A) x = 36.0 and y = 35.0
• B) x = 27.3 and y = 22.3
• C) x = 25.54 and y =24.4
• D) x = 27.5 and y = 35.5

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Definitions:

Statute

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Nash Equilibrium

Nash Equilibrium is a concept in game theory where each participant's strategy is optimal considering the strategies of other participants, implying no player has anything to gain by changing only their own strategy.

Prisoners' Dilemma

A scenario in game theory where two individuals acting in their own self-interest do not achieve the optimal outcome.