Question: 2) Incorrect statement for center-of-gravity method? A) The weights used are the quantity of goods moved to or from each location. B) The optimal x-
2) Incorrect statement for center-of-gravity method?
A) The weights used are the quantity of goods moved to or from each location.
B) The optimal x- and y-coordinates are calculated separately.
C) The optimal solution is unconstrained, so it could suggest a location in the middle of a body of water.
D) It is designed to minimize the maximum possible travel distance to any of the locations.
E) The origin of the coordinate system and the scale used are arbitrary, just as long as the relative distances are correctly represented.
4) In inventory models, high holding costs do not favor high inventory levels?
TRUE or FALSE
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