If the company serves an area of 100 sq mi, then how many warehouses should it have?
Suppose a company must service customers lying in an area of A sq mi with n warehouses. Kolesar and Blum have shown that the average distance between a warehouse and a customer isAssume that it costs the company $60,000 per year to maintain a warehouse and $400,000 to build a warehouse.(Assume that a $400,000 cost […]
