Question: 3. Revisit the copying service example (details are given next). Four customers were respectively located at (1,2),(2,3),(3,5),(4,1). Use the Huff model to recalculate the monthly
3. Revisit the copying service example (details are given next). Four customers were respectively located at (1,2),(2,3),(3,5),(4,1). Use the Huff model to recalculate the monthly customer expenditures and the market share for the proposed copying center at location (3,2) if the new store will be three times the capacity of the existing store at location (2,2) and the new demand weights from problem 1 above are used. Assume the weights are in hundreds and the average monthly expenditure per customer is $10. Take =2
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