Metropolitan metric cross-median approach

Assignment Help Macroeconomics
Reference no: EM132813491

A major furniture manufacturer is trying to determine an optimal location for their new warehouse that will serve their seven retail stores in Ontario. The coordinates of the seven stores on an xy grid (in 100's of kms) are C1 = (1,9), C2 = (1,2), C3 = (2,5), C4 = (5,7), C5 = (5,3), C6 = (8,4), and C7 = (9,8). The manufacturer uses the number of merchandise palettes that will be delivered to each store monthly to assign the following weights:

w1 = 180, w2 = 95, w3 = 75, w4= 140, w5 = 105, w6 = 110, w7 = 65

Using the metropolitan metric cross-median approach, recommend a location for the warehouse that will minimize total delivery travel distance to their stores. Show as much work as possible.

-West to East pass

-East to West pass

-North to South pass

-South to North pass

-Coordinates of Recommended Location

Reference no: EM132813491

Questions Cloud

What is the average inventory of elements : A company that produces hair dryers buys some of the components, but it makes the heating element, which it can produce at the rate of 880 per day. Hair dryers
What is total annual ordering cost : a. If current order size is 125 units per order what is total annual ordering cost?
Develop software for use on game consoles : You are a manager in an organisation which develops software for use on game consoles. Although you like to play computer games, you have no programming skills.
Break-even point in units for oven : Janelle? Heinke, the owner of? Ha'Peppas!, is considering a new oven in which to bake the? firm's signature? dish, vegetarian pizza. the Oven type A can handle
Metropolitan metric cross-median approach : Using the metropolitan metric cross-median approach, recommend a location for the warehouse that will minimize total delivery travel distance to their stores.
Identify the communication issues : Skill #1- Communicate well in multiple ways, modes and listen actively to those with whom you are communicating.
Get executive sponsors of a project : What are three things you would try to get executive sponsors of a project to agree to before you accepted a job as project manager?
What is the minimum total annual cost : What quantity should be ordered each time? (Assume that the EOQ assumptions apply.)
Determine the optimal order quantity of planters for hg : The Home and Garden (HG) chain of superstores imports decorative planters from Italy.

Reviews

Write a Review

Macroeconomics Questions & Answers

  Inflation targeting be a good policy

Why might it be difficult for the Fed to formally adopt inflation targeting?  Would inflation targeting be a good policy for the Fed in the present economic environment

  In using the taylor rule

In using the Taylor Rule as a guideline for monetary policy, what are the pros and cons of using forecasted values of inflation and output rather than observed values of these variables?

  Describe the present economic crisis situation in europe

Describe the present economic crisis situation in Europe.  Why has it been so difficult for the Europeans to find a solution to this problem?   Comment on what implications the crisis may have for the rest of the world if Europeans are not able to ag..

  Long-term federal government budget problems

Question:. Explain why there are long-term Federal government budget problems. Explain why the base-line forecast of the CBO is misleading.

  Derive and compare demand curve

Question based on Derive and compare demand curve,  Derive Ambrose's demand function for peanuts. How does it compare with Johnny's demand curve for peanuts?

  Problem based on utility function

Problem based on  Utility Function - Problem,  Answer and explain the following using a diagram which is completely labeled.

  Laffer curve : tax rate and tax revenue

Question based on Laffer Curve : Tax Rate and Tax Revenue,  Do raising tax rates necessarily raise tax revenue? What factors affect how tax revenue changes when tax rates change?

  Problem - income elasticity of demand

Problem - Income Elasticity of Demand,  Interpret the following Income Elasticities of Demand (YED) values for the following and state if the good is normal or inferior; YED= +0.5 and YED= -2.5

  Positive balance of payment

Question Positive Balance of Payment: "Things will look good for the US if we could just get to where we are consistently running a positive Balance of Payments."

  Effect of recession on the investment curve

Comment on the effect of a recession on the investment curve (only) and on the level of savings, investment, and the equilibrium real interest rate in the financial crisis that hits United States first starting in fall 2007.

  Affect of falling domestic investment on trade surplus and

How will a fall in domestic investment affect the trade surplus and net capital outflows in the domestic economy, the trade deficit and capital inflows in the rest of the world.

  Crises in the banking sector and bank run

Banking crises crisis decreases depositors' confidence in the banking system. What would be the effect of a rumor about a banking crisis on checkable deposits in such a country?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd