Final answer:
To determine the location for Todd's Direct new outlet using the center of gravity method, we calculate the weighted averages for both X and Y coordinates based on the given populations and coordinates, then adjust the populations for projected growth in specific census tracts and recalculate as necessary.
Step-by-step explanation:
The subject of the question is Business, specifically related to location planning and analysis using the center of gravity method. To find the optimal location for Todd's Direct new outlet in Mobile, Alabama, we need to calculate the center-of-gravity coordinates first, taking into account the population as weights and the X, Y coordinates for each census tract as location points. The formula for calculating the center of gravity is:
Weighted average of X coordinates (Xcg) = ∑(Population* Xcoordinate) / ∑(Population)
Weighted average of Y coordinates (Ycg) = ∑(Population* Ycoordinate) / ∑(Population)
For the given data:
Xcg = (2000*25 + 5000*25 + 10000*55 + 7000*50 + 10000*80 + 20000*70 + 14000*90) / (2000 + 5000 + 10000 + 7000 + 10000 + 20000 + 14000)
Ycg = (2000*45 + 5000*25 + 10000*45 + 7000*20 + 10000*50 + 20000*20 + 14000*25) / (2000 + 5000 + 10000 + 7000 + 10000 + 20000 + 14000)