Question: Question 1 (Gravity Location Model) Iterative method Refer to the example presented and the lecture slides in Chapter 5, solve the following location selection task
Question 1 (Gravity Location Model) Iterative method Refer to the example presented and the lecture slides in Chapter 5, solve the following location selection task based on the provided data. Assume a company to build a warehouse to serve Four retail stores. The locations, demands and shipping cost per unit per mile for each store is given the following table: X coordinate Y coordinate Demand Fn Store 1 1 1 6 3 Store 2 10 2 7 3 Store 3 5 10 8 3 Store 4 8 14 9 4 Use iterative method to decide the location of the warehouse so that the total shipping cost is minimal (just three iterations, including initial)
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