Question: You are building a model to determine the best location
You are building a model to determine the best location for a single pharmaceutical plant to make a new drug to serve global demand. Why is modeling every country as a single demand point probably good enough for this problem?
Answer to relevant QuestionsGiven the analysis presented in this chapter, where would you put the capital of Logistica and why? What factors went into your decision? Al’s data provided us with demand in terms of pounds. Why does this make a good unit of measure for our model? What other units of measure may have been acceptable and why? If the mathematical formulation only had an objective that maximized the amount of demand within a certain limit (say, 800km) and no other objective or restriction on the distance, how would customers outside of the limit be ...You are building a model for a global chemical company that has three plants, each making a unique set of products. They have a plant in Asia, one in North America, and one in Europe. They make hundreds of different ...During the scenario analysis stage, why is it important to determine specific scenarios you want to run? Why is it also important to experiment?
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