The center of gravity method
is used for locating single facilities that considers existing facilities, the distances between them, and the volumes of goods to be shipped between them.
Which of the following terms describes a group of countries that agree on a set of special arrangements governing the trading of goods between member countries quizlet?
11)
Trading Blocs
-is a group of countries that agree on a set of special arrangements governing the trading of goods between member countries.
Which of the following is a technique for locating single facilities?
Regression analysisThe centroid method
is a technique for locating single facilities that considers the existing facilities, the distances between them, and the volumes of goods to be shipped.
What is load distance method?
The load-distance method is
a mathematical model used to evaluate locations based on proximity factors
. The objective is to select a location that minimizes the total weighted loads moving into and out of the facility. The distance between two points is expressed by assigning the points to grid coordinates on a map.
What is the center gravity method?
A method of calculating the ideal location for warehousing facilities by calculating the transport costs to each of the outlets to be served by the facility. The centre of gravity is
the location giving the lowest total transport costs
.
What are some examples of logistics?
- Inbound transportation.
- Outbound transportation.
- Fleet management.
- Warehousing.
- Materials handling.
- Order fulfillment.
- Inventory management.
- Demand planning.
When building a decision tree one should use circles to represent which of the following?
2. Add chance and decision nodes to expand the tree as follows: If another decision is necessary, draw another box. If the outcome is uncertain, draw a circle (circles represent
chance nodes
).
What does the term line capacity describe in a queuing system quizlet?
What does the term line capacity describe in a queuing system? –
source population
.
– waiting room space
.
– number of channels
. – customer arrivals.
What are the models of facility location?
Location problems may be divided into four classes:
analytic, network, continuous, and discrete models
. The analytic models are based on simple assumptions, such as the fixed costs of locating a facility.
How do you calculate rectilinear distance?
- Rectilinear distance.
- When distance between two facilities is measured along path that is “orthogonal (90 degree)” to each other, then that distance is termed as rectilinear distance. …
- | X 1 – X 2 | + | Y 1 – Y 2 |
What are location decision models?
An AHP location decision model is developed in this research. The location decision is
addressed from the perspective of the organizations seeking a site for a new facility, or a relocation of an existing facility
. Both qualitative and quantitative location factors are considered in the model.
Where is the center of gravity?
The center of gravity is
the point where the lines intersect
. This procedure works well for irregularly shaped objects that are hard to balance.
Where will be the center of gravity of the following section will lie in coordinates?
5. Where will be the center of gravity of the following section will lie In coordinates? Explanation: The centre of gravity of this rectangular area will be half of 3cm from x-axis and half of 12 from the y-axis. therefore the center of gravity will be at
(6,1.5)
.
What are the 7 R’s of logistics?
The Chartered Institute of Logistics & Transport UK (2019) defines them as: …
Getting the Right product, in the Right quantity, in the Right condition, at the Right place, at the Right time, to the Right customer, at the Right price
.
What are the three types of logistics?
When referring to logistics flows, we are talking about the movement and direction of certain goods, parcels, packages, items, or information within a supply chain network.
