The value of​ volume, V, of production above which site C is recommended​= (?)  Sport C150s ​(round your response up to the next whole​ number). b. The value of​ volume, V, of production above which site A is recommended​= (?)  Sport C150s ​(round your response up to the next whole​ number). c. Over what range of volume is site B optimal?

College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter6: Linear Systems
Section6.8: Linear Programming
Problem 4SC: If the cost of each Robust tablet increases to 75 c and the cost of each Vigortab increases to 80 c...
icon
Related questions
Question

a. The value of​ volume, V, of production above which site C is recommended​= (?)  Sport C150s ​(round your response up to the next whole​ number).

b. The value of​ volume, V, of production above which site A is recommended​= (?)  Sport C150s ​(round your response up to the next whole​ number).

c. Over what range of volume is site B optimal? 

 

~hw2p2~

 

Hyundai Motors is considering three sites-A, B, and C-at which to locate a factory to build its new-model automobile, the Hyundai Sport C150. The goal is to locate at a minimum-cost site, where cost is measured by the annual fixed plus variable costs of production.
Hyundai Motors has gathered the following data:
Variable Cost per Auto
Site
Annualized Fixed Cost
Produced
$12,000,000
$22,000,000
$2,400
$1,900
$1,000
A
$30,000,000
The firm knows it will produce between 0 and 60,000 Sport C150s at the new plant each year, but, thus far, that is the extent of its knowledge about production plans.
Transcribed Image Text:Hyundai Motors is considering three sites-A, B, and C-at which to locate a factory to build its new-model automobile, the Hyundai Sport C150. The goal is to locate at a minimum-cost site, where cost is measured by the annual fixed plus variable costs of production. Hyundai Motors has gathered the following data: Variable Cost per Auto Site Annualized Fixed Cost Produced $12,000,000 $22,000,000 $2,400 $1,900 $1,000 A $30,000,000 The firm knows it will produce between 0 and 60,000 Sport C150s at the new plant each year, but, thus far, that is the extent of its knowledge about production plans.
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 4 steps with 1 images

Blurred answer
Similar questions
Recommended textbooks for you
College Algebra (MindTap Course List)
College Algebra (MindTap Course List)
Algebra
ISBN:
9781305652231
Author:
R. David Gustafson, Jeff Hughes
Publisher:
Cengage Learning