Practical Management Science
Practical Management Science
6th Edition
ISBN: 9781337406659
Author: WINSTON, Wayne L.
Publisher: Cengage,
bartleby

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Chapter 8, Problem 37P

a)

Summary Introduction

To determine: The location of each bank.

Introduction: The variation between the present value of the cash outflows and the present value of the cash inflows are known as the Net Present Value (NPV).

b)

Summary Introduction

To determine: How the method would result in natural clustering.

Introduction: The variation between the present value of the cash outflows and the present value of the cash inflows are known as the Net Present Value (NPV).

c)

Summary Introduction

To determine: The way to determine whether Person X need more than two dimensions while locating a bank.

Introduction: The variation between the present value of the cash outflows and the present value of the cash inflows are known as the Net Present Value (NPV).

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