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What is the centroid method?

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This solution provides discussion for the centroid method, including how to calculate the centroid method.

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What is the centroid method?

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The centroid method is a technique that was developed to enable an entity to locate a single facility in consideration of the existing facility, the distance between the facilities, and the volumes of goods that are to be shipped. The centroid method is commonly used by companies who are trying to locate intermediary distribution warehouses. The centroid ...

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