12. Mitch just built 4 franchise locations for his newest pizzerias and wants to decide where to put his headquarters. He makes 3 weekly visits to his Northside store (X=3, Y = 10), 5 visits to his Eastside store (X=4, Y=6), 2 visits to his Southside store (X=3, Y = 5) and 3 visits to his Westside store (X= 1, Y = 5). Compute the center of gravity to help him with his location decision, using the number of weekly visits as the weights. 12a) What are the coordinates of the central location? 12b) If he plans to put his headquarters in one of the 4 store locations, which store should he choose (i.e. which one is closest to the center of gravity)?
12. Mitch just built 4 franchise locations for his newest pizzerias and wants to decide where to put his headquarters. He makes 3 weekly visits to his Northside store (X=3, Y = 10), 5 visits to his Eastside store (X=4, Y=6), 2 visits to his Southside store (X=3, Y = 5) and 3 visits to his Westside store (X= 1, Y = 5). Compute the center of gravity to help him with his location decision, using the number of weekly visits as the weights. 12a) What are the coordinates of the central location? 12b) If he plans to put his headquarters in one of the 4 store locations, which store should he choose (i.e. which one is closest to the center of gravity)?
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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