Problem 1:

four hospitals located in an urban area are collaborating to establish a centralized blood bank facility that will serve them all. the hospitals are located at the following coordinates: (5,10), (7,6), (4,2), (16,3). the number of deliveries to be made to each hospital each year is estimated as 450, 1200, 300 and 1500, respectively. due to the urban location, rectilinear travel can be assumed.

a) compute the optimal location for the blood bank if the total distance travelled each year is to be minimized, under the assumption that the delivery vehicle will deliver to only one hospital on each trip. (is this realistic? )

b) compute the location that minimizes the maximum rectilinear travel distance from the blood bank to any existing hospital.

The cost of labor is significantly lower in many countries than in the united states. if you move manufacturing to a facility to a country labeled as part of the axis of evil and a threat to world peace you will increase the net income of your client by $10 million per the facility is located in a country which limits personal freedom and engages in state sponsored terrorism. imagine you are a marketing consultant. (a) what would you tell the executives to do? (b) what are the alternatives? what are your recommendations? why do you recommend this course of action?

When a market is in equilibrium, the buyers are those with the willingness to pay and the sellers are those with the costs.

Special order carson manufacturing, inc., sells a single product for $36 per unit. at an operating level of 8,000 units, variable costs are $18 per unit and fixed costs $10 per unit. carson has been offered a price of $20 per unit on a special order of 2,000 units by big mart discount stores, which would use its own brand name on the item. if carson accepts the order, material cost will be $3 less per unit than for regular production. however, special stamping equipment costing $4,000 would be needed to process the order; the equipment would then be discarded. assuming that volume remains within the relevant range, prepare an analysis of differential revenue and costs to determine whether carson should accept the special order. use a negative sign with answer to only indicate an income loss from special order; otherwise do not use negative signs with your answers.