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.
Definitions:
Amortization
The process of spreading out the cost of an intangible asset over its useful life or paying off a debt over time in regular installments.
Statement Of Cash Flows
A financial report that summarizes the amount of cash and cash equivalents entering and leaving a company, showing how the company manages its liquidity.
Independent Cases
Situations or examples that do not influence each other, often used in statistical analysis and probability theory.
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