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  3. Study Set
    An Introduction to Operations Management
  4. Exam
    Exam 12: Finding the Right Location
  5. Question
    The Center of Gravity Method Balances Distance, Market Size, and Logistics
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The Center of Gravity Method Balances Distance, Market Size, and Logistics

Question 17

Question 17

True/False

The center of gravity method balances distance, market size, and logistics costs to find the approximate best location that minimizes the total incremental cost of serving several markets from a distribution point.

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