question archive Hyundai Motors is considering three siteslong dash —?A, ?B, and Clong dash —at which to locate a factory to build its? new-model automobile, the Hyundai Sport C150
Subject:Operations ManagementPrice: Bought3
Hyundai Motors is considering three siteslong dash —?A, ?B, and Clong dash —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: Site Annualized Fixed Cost Variable Cost per Auto Produced Upper A A $ 12 comma 000 comma 000 $12,000,000 $ 2 comma 400 $2,400 Upper B B $ 22 comma 000 comma 000 $22,000,000 $ 1 comma 900 $1,900 Upper C C $ 27 comma 000 comma 000 $27,000,000 $ 1 comma 000 $1,000 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. ?a) The value of? volume, V, of production above which site Upper C C is recommended? = nothing Sport C150s ?(round your response up to the next whole? number).