The Centroid Method for Plant Location Uses Which of the Following

question 2

Multiple Choice

The centroid method for plant location uses which of the following data?

• A) Volume of goods to be shipped between existing points
• B) Inbound transportation costs
• C) Transport times between facilities
• D) Correlation matrix of existing facilities
• E) Probabilities and payoffs

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Definitions:

Trained Introspection

A method in psychology where individuals are trained to carefully observe and report their own thoughts, feelings, and sensations.

Wilhelm Wundt

A German psychologist who is considered the father of experimental psychology.

Sensations

The process by which our sensory receptors and nervous system receive and represent stimulus energies from our environment.

Structuralism

An early school of psychology that sought to understand the structure of the mind by analyzing the basic components of thoughts and sensations.