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The fixed and variable costs for three potential banking branch are as follows Site       fixed cost         Variable cost Loc1      500$                   11$ Loc2      1000$                  8$ Loc3       1700$                 5$ a- For what range of customer number is each location optimal b- For a number of customers of 250, what is the best location

The fixed and variable costs for three potential banking branch are as follows Site       fixed cost         Variable cost Loc1      500$                   11$ Loc2      1000$                  8$ Loc3       1700$                 5$ a- For what range of customer number is each location optimal b- For a number of customers of 250, what is the best location

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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The fixed and variable costs for three potential banking branch are as follows
Site       fixed cost         Variable cost
Loc1      500$                   11$
Loc2      1000$                  8$
Loc3       1700$                 5$
a- For what range of customer number is each location optimal
b- For a number of customers of 250, what is the best location

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