The value of​ volume, V, of production above which site C is recommended​= (?)  Sport C150s ​(round your response up to the next whole​ number). b. The value of​ volume, V, of production above which site A is recommended​= (?)  Sport C150s ​(round your response up to the next whole​ number). c. Over what range of volume is site B optimal?

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Chapter2: Second-order Linear Odes
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a. The value of​ volume, V, of production above which site C is recommended​= (?)  Sport C150s ​(round your response up to the next whole​ number).

b. The value of​ volume, V, of production above which site A is recommended​= (?)  Sport C150s ​(round your response up to the next whole​ number).

c. Over what range of volume is site B optimal? 

 

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Hyundai Motors is considering three sites—A, B, and C—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 |
|------|-----------------------|----------------------------------|
| A    | $12,000,000           | $2,400                           |
| B    | $22,000,000           | $1,900                           |
| C    | $30,000,000           | $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.
Transcribed Image Text:Hyundai Motors is considering three sites—A, B, and C—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 | |------|-----------------------|----------------------------------| | A | $12,000,000 | $2,400 | | B | $22,000,000 | $1,900 | | C | $30,000,000 | $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.
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