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Usage stats on Principle of median location

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an Entity in Data Space: 134.155.108.49:8890

The optimum location is the median transport location, the location that splits the total monetary weight of the firm into two equal halves. At the median location, half the monetary weight comes from one direction, and half from the other direction (O'Sullivan 2003, Ch.4). The transportation costs are minimised if the firm is located at the median customer. If a customer moves further away from the city, the total delivery cost would increase, but the most efficient cost is still incurred by being in the median location. This priciple provides a reason why cities grow (McDonald 1997, Ch.3).

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