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CENTER OF GRAVITY: The Center of Gravity method can use multiple factors simultaneously to determine an...

CENTER OF GRAVITY: The Center of Gravity method can use multiple factors simultaneously to determine an optimal location

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The above mentioned statement is correct.

The center of gravity method is basically a tool which is used to compute the geographic elements so to minimize the costs. One of the main reason to consider the center of gravity is that it is very easy to compute the costs. The center of gravity is used to determine the facility location which eventually would help in the lowering of the shipping costs or the distribution costs. The shipping cost varies from travelling place to place.

Hope this helps :)

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