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CP Location Location 1 Location 2 Location 3 Location 4 Location 5 Location 1 Total costs Which location provides the least cost? -Select- provides the least cost. b. For what range of demand would each location be best? Range of demand $ -Select- -Select- -Select- -Select- -Select- Location 2 $ $ Location 3 $ Location 4 $ Location 5

CP Location Location 1 Location 2 Location 3 Location 4 Location 5 Location 1 Total costs Which location provides the least cost? -Select- provides the least cost. b. For what range of demand would each location be best? Range of demand $ -Select- -Select- -Select- -Select- -Select- Location 2 $ $ Location 3 $ Location 4 $ Location 5

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Cunningham Products is evaluating five possible locations to build a distribution center. Data estimated from the accounting department are provided below. The annual production is estimated to be 35,000 units. CP Location Analysis Data Fixed costs Direct material cost/unit Direct labor cost/unit Location 2 $115,000.00 Location 3 $100,000.00 Location 4 $145,000.00 Location 5 $115,000.00 Location 1 $75,000.00 $4.08 $4.60 $5.15 $4.30 $12.65 $14.00 $12.00 $15.50 Overhead/unit $2.50 $2.20 $2.90 $2.50 $0.55 Transportation cost/unit $0.60 $0.20 $0.89 a. Use the Location Analysis Excel template to determine the location that provides the least cost. Calculate the total cost for each location. Round your answers to the nearest dollar. $4.30 $13.55 $2.10 $0.61
Transcribed Image Text:Cunningham Products is evaluating five possible locations to build a distribution center. Data estimated from the accounting department are provided below. The annual production is estimated to be 35,000 units. CP Location Analysis Data Fixed costs Direct material cost/unit Direct labor cost/unit Location 2 $115,000.00 Location 3 $100,000.00 Location 4 $145,000.00 Location 5 $115,000.00 Location 1 $75,000.00 $4.08 $4.60 $5.15 $4.30 $12.65 $14.00 $12.00 $15.50 Overhead/unit $2.50 $2.20 $2.90 $2.50 $0.55 Transportation cost/unit $0.60 $0.20 $0.89 a. Use the Location Analysis Excel template to determine the location that provides the least cost. Calculate the total cost for each location. Round your answers to the nearest dollar. $4.30 $13.55 $2.10 $0.61
Total costs Location 1 CP Location Location 1 Location 2 Location 3 Location 4 Location 5 $ Which location provides the least cost? -Select- provides the least cost. b. For what range of demand would each location be best? Range of demand $ -Select- -Select- -Select- -Select- -Select- Location 2 ✓ ✓ ✓ V $ Location 3 $ Location 4 $ Location 5
Transcribed Image Text:Total costs Location 1 CP Location Location 1 Location 2 Location 3 Location 4 Location 5 $ Which location provides the least cost? -Select- provides the least cost. b. For what range of demand would each location be best? Range of demand $ -Select- -Select- -Select- -Select- -Select- Location 2 ✓ ✓ ✓ V $ Location 3 $ Location 4 $ Location 5
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