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 Hyundal 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 textAnswer:- According to given data A) Inorder to find volume we need to equate…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 Hyundal 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 $2,600 $10,000,000 $20,000,000 $2,000 $27,000,000 $1,100 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. Sport C150s (round your response up to the next whole number) a) The value of volume, V, of production above which site C is recommended