Final answer:
The best location for a central warehouse in each region can be determined using the center of gravity method, which takes transportation costs and distances into account. The method involves calculating the coordinates of each location, assigning weights based on volume or value of goods, and finding the weighted averages to determine the center of gravity for each region.
Step-by-step explanation:
The best location for a central warehouse in each region can be determined using the center of gravity method. This method takes into account the transportation costs and distances between the warehouse and suppliers as well as customers.
Using the center of gravity method, you first need to calculate the coordinates of each location based on their latitude and longitude. Then, you assign weights to each location based on the volume or value of goods being transported from or to that location.
Next, you calculate the weighted averages of the latitude and longitude coordinates to find the center of gravity for each region. The location with the lowest transportation costs and distances from suppliers and customers can be considered as the best location for the central warehouse.