CVS chain prefers to operate one outlet in a town that has four major market segments. The number of potential customers in each segment along with the coordinates are as follows:      Market Segment  Location  Coordinates  Number of Customers     x  y    1  8  13  2000  2  10  16  800  3  4  8  1600  4  12  4  3200      Find the best location using the Center of Gravity Excel template

Management, Loose-Leaf Version
13th Edition
ISBN:9781305969308
Author:Richard L. Daft
Publisher:Richard L. Daft
Chapter4: Managing In A Global Environment
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CVS chain prefers to operate one outlet in a town that has four major market segments. The number of potential customers in each segment along with the coordinates are as follows:

 

 

 Market Segment

 Location

 Coordinates

 Number of Customers

  

 x

 y

 

 1

 8

 13

 2000

 2

 10

 16

 800

 3

 4

 8

 1600

 4

 12

 4

 3200

 

  

Find the best location using the Center of Gravity Excel template

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