Examlex
East Texas Seasonings is preparing to build one processing centre to serve its four sources of seasonings.The four source locations are at coordinates shown below.Also,the volume from each source is provided.
a.Calculate the volume-weighted centre of gravity.
b.Calculate the simple centre of gravity (all cities weighted equally).
c.Explain why the two calculations differ.
Franchise
Contractual agreement in which a franchisee gains the right to produce and/or sell the franchisor’s products under that company’s brand name if they agree to certain operating requirements.
Mall
A large enclosed shopping area with a variety of stores and services in one or more buildings, providing a central location for consumers to shop.
Place Utility
The value added to products by having them where they are needed or wanted by consumers, thus enhancing customer satisfaction.
Location
Refers to a specific geographical place or position where something exists or occurs.
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