GGR252H5 Lecture Notes - Lecture 8: Socioeconomic Status, Baby Boomers
Document Summary
Stages in location allocation (strategizing to minimize the number of stores but still be able to serve the area minimize the distance traveled) Identify the demand points for the demand zones. Create a distance (or time) matrix between the prospective sites and the demand points. Establish an allocation rule: how are the users of the facilities likely to decide on which facility they will use, selecting the closest site is the most obvious allocation rule. Everyday 3,000 baby boomer generation turns 65 retirement age. Population size: numbers, distribution and density. Most canadian big cities are few hours from the border. Edmonton the only sizeable city that is far from the border. Even though most is on the south side, the borders stretch all around the country. Generally higher education higher income: occupation, property values & location.
