Hyundai Motors is considering three sites-A, B. and C-at which to locate a factory

Question: 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 perShow transcribed image textTotal cost = fixed cost number of units produced x variable cost per unit po…View the full answerTranscribed 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 $2,600 B $10,000,000 $20,000,000 $27,000,000 $2,000 $1,100 с 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. a) The value of volume, V, of production above which site C is recommended=11333 Sport C150s (round your response up to the next whole number). b) The value of volume, V, of production below which site A is recommended Sport C150s (round your response up to the next whole number).