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Question 1 The Volkswagen ( VW ) Group is a German multinational automotive manufacturing company headquartered in Wolfsburg, Lower Saxony, Germany and indirectly majority owned

Question 1
The Volkswagen (VW) Group is a German multinational automotive manufacturing company headquartered in Wolfsburg, Lower Saxony, Germany and indirectly majority owned by Austrian-German Porsche and Pich families. It designs, manufactures, and distributes passenger and commercial vehicles, motorcycles, engines, and turbomachinery and offers related services including financing, leasing, and fleet management. In 2016, it was the world's largest automaker by sales, and keeping this title in 2017,2018 and 2019 selling 10.9 million vehicles. It has maintained the largest market share in Europe for over two decades.
The organisation is considering three industrial cities on the European continent to build a factory for its new-model automobile, the VW Golf R. The goal is to locate at a minimum cost industrial city, where cost is measured by the annual fixed plus variable costs of production.
These cities are:
Stuttgart - Germany
Graz - Austria
Lecco - Italy
The VW group has gathered the following data:
\table[[City,Annualised Fixed Cost,Variable Cost per Auto Produced],[Stuttgart,$10000000,$2500
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