An electronics store wants to identify a location for a warehouse that will ship to five retail stores. The coordinates and annual number of truckloads are given in the accompanying table. Develop a model to find the best location, assuming that straight-line distances can be used between the locations. Experiment with the model by testing each of the possible best solutions, included, to find the best location Click here to view the data for the store locations and annual numbers of truckloads Click here to view some possible best solutions. Store Locations and Truckloads - X The best location is at (Type an ordered pair. Round each coordinate to the nearest integer as needed) Retail Store X-Coordinate Y-Coordinate Truckloads Possible Best Solutions - X 11 24 B 18 21 24 C 10 16 20 32 Some possible best solutions to try are listed below 18 16 • Place the warehouse at (0,0). • Place the warehouse at the average X- and Y-coordinates of the stores, tounded to the nearest integer. • Find the average X- and Y-coordinates of the stores, rounded to the nearest Print Done
An electronics store wants to identify a location for a warehouse that will ship to five retail stores. The coordinates and annual number of truckloads are given in the accompanying table. Develop a model to find the best location, assuming that straight-line distances can be used between the locations. Experiment with the model by testing each of the possible best solutions, included, to find the best location Click here to view the data for the store locations and annual numbers of truckloads Click here to view some possible best solutions. Store Locations and Truckloads - X The best location is at (Type an ordered pair. Round each coordinate to the nearest integer as needed) Retail Store X-Coordinate Y-Coordinate Truckloads Possible Best Solutions - X 11 24 B 18 21 24 C 10 16 20 32 Some possible best solutions to try are listed below 18 16 • Place the warehouse at (0,0). • Place the warehouse at the average X- and Y-coordinates of the stores, tounded to the nearest integer. • Find the average X- and Y-coordinates of the stores, rounded to the nearest Print Done
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Break Even Analysis is a term used in business, cost accounting and economics. It refers to a point where the total cost incurred becomes equal to the total revenue earned. Break Even Analysis determines the number of units to be sold to earn the revenue required to cover the total costs. Total cost is a sum total of fixed and variable costs.
Process analysis
The term process analysis can be defined as breakdown of production process into different phases that converts inputs into output. A series of routine activities are incorporated using organizational resources with a view to achieve operational excellence.
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Transcribed Image Text:An electronics store wants to identify a location for a warehouse that will ship to five retail stores, The coordinates and annual number of truckloads are given in the accompanying table. Develop a model to find the best location, assuming that
straight-line distances can be used between the locations. Experiment with the model by testing each of the possible best solutions, included, to find the best location.
Click here to view the data for the store locations and annual numbers of truckloads
Click here to view some possible best solutions.
Store Locations and Truckloads
- X
The best location is at
(Type an ordered pair. Round each coordinate to the nearest integer as needed.)
Retail Store X-Coordinate
Y-Coordinate
Truckloads
i
Possible Best Solutions
- X
11
24
B
18
21
24
10
16
20
32
Some possible best solutions to try are listed below
18
9
16
• Place the warehouse at (0,0).
• Place the warehouse at the average X- and Y-coordinates of the stores, rounded
to the nearest integer.
• Find the average X- and Y-coordinates of the stores, rounded to the nearest
integer. Place the warehouse at the average of these coordinates and store D.
• Place the warehouse at (9, 13)
Print
Done
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