I am a complete beginner in mapping-related topics. Still, I´ve been wondering if anyone know this problem. It might be well known, I just don´t know its name. And most importantly: is it possible to solve such a problem with an ArcGIS tool?
Initial situation: nx : x geographical locations Wx: weight per location Dx: distance between the location nx and the optimal location O
Problem: Where is the geographical position O, where the Σ (Dx*Wx) is at a minimum?
Does anyone know the common name for this spatial problem?
I have found a tool that can do this on a straight line ("as the bird flies", http://www.geomidpoint.com/) but I would like to be able to calculate this on a street routing level. Is there a ArcGIS tool for that?