A Company Wants to Locate a New Warehouse to Minimize

question 56

Essay

A company wants to locate a new warehouse to minimize the longest distance travelled by any of its delivery trucks. It has four stores and their coordinates are listed in the below.
Formulate the NLP for this problem. Let X and Y represent the X, Y coordinates of the new warehouse.

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Definitions:

Reverse Marketing

A strategy where the consumer influences the supplier of a good or service, rather than the traditional supplier-to-consumer dynamic.

Untried/Unknown

Refers to methods, technologies, or concepts that have not been tested or verified, thus presenting an element of risk or uncertainty.

Decision Tree

A graphical representation used to make decisions, showing various outcomes from a series of related choices.

Evaluation Criteria

Standards or benchmarks used to assess the performance, quality, or suitability of products, services, or projects.