Problem 1:A large pharmaceutical chain aims to build a new store to be able to deliver from it to the rest ofthe mid-west area. By now, three different locations have been selected. Some data aboutfactors, weights and location are provided to make the selection.LocationsFactorWeightPeoriaDes Moines ChicagoCloseness to markets2047Labor costs84Taxes1597Closeness to providers101010

Answered: Problem 1: A large pharmaceutical chain…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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ABC Ltd. Wants to choose the best location for its new aluminum plant. The manager ofproductions and operations has three possible locations to choose from. His assistantrecommends that he use break-even analysis location technique to help determine whichlocation is best based on costs. . If total fixed cost = 40000 AVC = 20 Price per unit = 10 Break even point = 40000 / 20 - 10= 4000 So at the 4000 units of production, there will be no profit and loss as the total revenue is equal to the total cost. Demonstrate to the OM manager how to go about choosing the best location using thenumerical example you designed above.
1. Using the center-of-gravity method, compute the centralized coordinates among the following locations, which are indicated via black cells with white text in LOCATION.xlsx: 7,1 10,1 4,2 2,5 6,6 9,6 2,8 6,10 2. Using the weighted average center-of-gravity, which accounts for quantities to be shipped from locations, compute the centralized coordinates among the following locations: 7,1 10,1 4,2 2,5 6,6 9,6 2,8 6,10 *Quantities to be shipped are listed within the existing locations (i.e. Location 7,1 ships 17 units) in LOCATION.xlsx
Maya ltd. wants to use the Centre of Gravity location technique to determine where to setup itsdistribution centre.I. What is the main objective of using this technique? II. What information will be needed in order to use this technique? III. Setup a numerical example that can be used to demonstrate to the owner of thecompany how the technique can be used. IV. Use the numerical example set up above to demonstrate how the centre of gravitylocation technique is used.
Select all of the examples of companies locating a facility because of market асcess. O A company that supplies products to the US and European markets locates their production facility in southeast Asia. A major retailer is located in several major cities across the country. O A company locates a processing facility adjacent to the supplier's mining operations. O A business management consulting firm locates in the same cities as prestigious universities.
The Davis national drugstore chain prefers to operate one outlet in a town that has four major market segments. The number of potential customers in each segment, along with the coordinates are as follows: Location Market Coordinates Number of Segment x y Customers 1 5 22 2,200 2 17 20 300 3 5 3 1,400 4 10 3 3,000 Find the best location using the Center of Gravity Excel template. Round your answers to two decimal places. Cx: ____________Cy: ______________
A clothing manufacturer produces women’s clothes at four locations in Mexico. Relative locationshave been determined, as shown in the table below. The location of a central shipping pointfor bolts of cloth must now be determined. Weekly quantities to be shipped to each location arealso shown in the table. Determine the coordinates of the location that will minimize distributioncosts. Location (x,y) WeeklyQuantityA 5,7 15B 6,9 20C 3,9 25D 9,4 30
Q2k Audi is considering three locations A, B and C for the production of its new model SUV XL500. The objective is to choose the location with the lowest costs. The costs are measured as annual fixed costs plus the variable costs of the product. The following data has been collected for the three locations.< Region Fixed costs per year A B C 10 000 000 20 000 000 25 000 000 Variable cost per unit 1. at what level of production will C be the best choice? 2. at what production rate will A be the best choice? 3. at what level of production will B be the best choice? 2500 2000< 1000< The company's projected annual production in the new plant is 0-60 000 units.< Ask
Maya ltd. wants to use the Centre of Gravity location technique to determine where to setup its distribution centre. Setup a numerical example that can be used to demonstrate to the owner of the company how the technique can be used Use the numerical example set up above to demonstrate how the centre of gravity location technique is used.
ABC Ltd. Wants to choose the best location for its new aluminum plant. The manager ofproductions and operations has three possible locations to choose from. His assistantrecommends that he use break-even analysis location technique to help determine whichlocation is best based on costs. Assuming: Total fixed cost = 80,000 Price per unit= 20 AVC (Average variable cost) = 40 Break-even point= Total fixed cost / (AVC-Price per unit) Break-even point = 80,000/ (40-20) Break-even point = 4,000 1) Demonstrate to the OM manager how to go about choosing the best location using thenumerical example designed above.
2. You have been tasked by Corica Pastries, to setup a retail location anywhere inMalaysia, to introduce their world famous apple strudels to the Malaysian market.b. Store location analysisi. Alternate geographic trading areasii. Type of locationiii. Literacy of populationiv. Trading factorsv. Accessibilityvi. Amenities This is not a writting assignment, please don't reject. If don't know let others to answer. Thank you
Evaluating location alternatives by comparing their composite(weighted-average) scores involvesa) factor-rating analysis.b) cost–volume analysis.c) transportation model analysis.d) linear regression analysis.e) crossover analysis.
Evaluating location alternatives by comparing their composite(weighted-average) scores involvesa) factor-rating analysis.b) cost-volume analysis.c) transportation model analysis.d) linear regression analysis.c) crossover analysis.

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