Given the Retail Location Coordinates and the Value of Material

question 55

Essay

Given the retail location coordinates and the value of material movement in the following chart, find the best supply point location using the center-of-gravity method.
$$\begin{array} { c c c } \text { Retail Outlet } & \text { Lacation Coordinates } \mathbf { X } , \mathbf { Y } & \text { Materal Movement } \\\hline 1 & 25,05 & 1,500 \\2 & 17,20 & 3,000 \\3 & 12,12 & 1,000 \\4 & 06,09 & 2,200\end{array}$$

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Definitions:

Subsidiary Ledger

A ledger containing the details of transactions for a specific account, which then summarizes into a single amount in the general ledger.

Alphabetical Order

A system of arranging items according to the sequence of the letters in the alphabet.

Financial Statement

A written record that conveys the business activities and the financial performance of a company, usually consisting of the balance sheet, income statement, and cash flow statement.

Normal Balance

Refers to the side (debit or credit) where increases in the account are recorded, which is a fundamental aspect of double-entry bookkeeping.