Determine the center-of gravity location for a company that wants to serve customers located in Chicago, Detroit, Indianapolis, and Cincinnati. To do this, you can find the X and Y coordinates by looking at the longitude and latitude for each city. Estimate demand for each city by simply looking up the population of each.
Answer to relevant QuestionsAtlas Corporation is considering a distribution center which will serve three primary market areas: Dallas, Texas; Atlanta, Georgia; and, St. Louis, Missouri. Atlas has determined that the latitude, longitude and populations ...Assume that you are the regional operations manager responsible for 27 Burger Queen Restaurants. What types of demand forecast models do you think you would need for your short-term planning? What decisions would each ...You have become concerned about the amount of copier paper used in your office after repeatedly running out of supplies. Your assistant keeps track of the number of reams (packages of 500 sheets) for 24 weeks: a. Compare the ...Given the data shown below, use (=.2 and β =.4 to create trend enhanced smoothing based forecasts for periods 7, 8, and 9. Assume that FIT1 = 22 and T1 = 7.83. Example of the calculations are shown for FIT2, FIT3, and ...1. Develop forecasts using regressions of sales on each of the series of rain forecasts respectively. Calculate the MFE (bias), MAD, and MAPE for the two forecasting models. Which rain forecast seems to be better at ...
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