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Problem 2 Hyundai Motors is considering three sites-A, B, and C- at which to locate a factory to build its new model automobile, KONA electric.

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Problem 2 Hyundai Motors is considering three sites-A, B, and C- at which to locate a factory to build its new model automobile, KONA electric. The goal is to locate at a minimum-cost site, where cost is measured by the annual fixed and plus variable costs of production. KIA Motors has gathered the following data: The firm knows it will produce between 0 and 120,000 KONA electric at the new plant each year, but, thus far, that is the extent of its knowledge about prodiction plans. a) For what values of volume ( V ) of production, if any, is site C a recommended site? b) What volume indicates site A is optimal? c) Over what range of volume is site B optimal? Why

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