Question

Threshold Average Range Nearest Competitor Location A 500 2 miles 5 miles Location B 300 1 mile 10 miles Location C 550 2.5 miles 2 miles A family is choosing a location for their new donut shop. They need at least 400 customers within 5 miles to be profitable. According to their market analysis data in the table, which would be the most optimal choice? (1 point) Responses Location A Location A Location B Location B Location C Location C Locations A and C are equally favorable. Locations A and C are equally favorable. Locations A and B are equally favorable.

Answer 1

Based on the data provided, the most optimal choice for the family's new donut shop would be Location A. It has a threshold of 500 customers within 2 miles, which is greater than the required 400 customers within 5 miles to be profitable. Additionally, Location A has the closest average range to its nearest competitor compared to Locations B and C.