Calculation Questions(1point): You are pondering upon two potential locations fo

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Calculation Questions(1point): You are pondering upon two potential locations for your final retail outlet. The outlet will serve three potential markets, C1 (Demand- $10 million), C2 (Demand $5 million), and C3 (Demand $7 million). The two locations are labeled R1 and R2 Time coordinates of the markets and two locations have been calculated as below. If the largest possible sizes for your stores are: R1-400,000 square feet and R2-300,000 square feet. Time Coordin ate s Location C1 C2 C3 R1 R250 30 40 20 60 50 40 40 20 60 Hints: S, /T E: expected demand from market i to location j P: probability of customers to travel from i to j C: customer demand at market i S: retail size of location j T: travel time between i and j a: a parameter, equals to 2 in this case. i: markets j: retail locations 1(x,-x,)' +(x-y,)' Time distance between two points: What numbers should we fill in for the cell with question marks? Hint: 1. Travel time squared 2 Divide store size by corresponding squared travel time.

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Answer:

Option 1: R1 = 250 , R2 = 3000

Explanation:

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