Which of the following methods is a mathematical technique used for finding the best location for a single distribution point th

Question

3 years ago

12

Which of the following methods is a mathematical technique used for finding the best location for a single distribution point th

at services several stores or areas?
A. center-of-gravity method
B. transportation model
C. locational cost-volume analysis
D. factor-rating method

Business

1 answer:

trapecia [35] · Answer 1 · 2022-08-23T16:39:16+03:00

Answer:

A. center-of-gravity method

Explanation:

The mathematical technique that is being described in the question is called the center-of-gravity method. Like mentioned in the question this is an business technique that is used by businesses in order to find the best possible geographic coordinates for a single distribution point. This location is calculated by considering the Market's surrounding it, Volume of goods shipped, and Shipping Costs.

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