The center-of-gravity approach to location analysis minimizes:

Name: The center-of-gravity approach to location analysis minimizes:
Brand: Quizplus
Rating: 4.8 (60 reviews)

Question

Quizplus · Accepted Answer

The center-of-gravity approach to location analysis minimizes the distance to existing facilities, aiming to find the optimal location that balances the transportation costs and distance to the market. While labor costs, warehousing costs, and taxes are important factors to consider, they may not be the primary focus of the center-of-gravity method.

The Center-Of-Gravity Approach to Location Analysis Minimizes