quantitative example
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Mr. Ramjan wants to use the centre of gravity location technique and the break-even location technique to aid with his location decision for a distribution centre. Using a quantitative example for each technique, show how they can be used to aid in making the right decision in regard to the location of this distribution centre
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- Maya ltd. wants to use the Centre of Gravity location technique to determine where to setup itsdistribution centre.I. What is the main objective of using this technique? II. What information will be needed in order to use this technique? III. Setup a numerical example that can be used to demonstrate to the owner of thecompany how the technique can be used. IV. Use the numerical example set up above to demonstrate how the centre of gravitylocation technique is used.Maya ltd. wants to use the Centre of Gravity location technique to determine where to setup itsdistribution centre.Setup a numerical example that can be used to demonstrate to the owner of thecompany how the center of gravity technique can be used.Maya ltd. wants to use the Centre of Gravity location technique to determine where to setup itsdistribution centre. I. What is the main objective of using this technique?
- how to setup an example of a numerical centre of gravity location technique (for production and operations management) that can be used to demonstrate how the technique is used for a distribution centre?Describe the four principal approaches to solve problems with the location?Respond to the following statement: • “The importance of the location decision is often vastly overrated; the fact that virtually every type of business is located in every section of the country means there should be no problem in finding a suitable location.”
- ABC Ltd. Wants to choose the best location for its new aluminium plant. The manager of productions and operations has three possible locations to choose from. His assistant recommends that he use the break-even analysis location technique to help determine which location is best based on costs. I. Design a numerical example in order to demonstrate to the Productions and Operations Manager how break-even analysis can be used in this case. II. Demonstrate to the OM manager how to go about choosing the best location using the numerical example you designed above.What kind of location measure technique will be appropriate for you to keep track of continuous location information?Use the photo attached to answer the following question, 1.Using the centre of gravity location technique, determine the best location that will minimize total travel distance. SHOW WORKING
- Explain the 4 major methods used for solving location problems ?An operations manager has narrowed down the search for a new King Kola plant to three locations. Fixed and variable costs follow. Location Fixed Cost Variable Cost A $100,000 $10 B $150,000 $7 C $200,000 $5 Plot the total cost curves in the chart provided above and identify the range over which each location would be best. Use break-even analysis to calculate exactly the break-even quantity that defines each range.Although most organizations may make the location decision infrequently, there are some organizations that make the decision quite regularly and often. Provide one or two examples. How might their approach to the location decision differ from the norm?