Question: Assignment -2 Location Analysis: Solve the following problem using excel and upload the assignment. A firm that has recently experienced enormous growth is seeking to

 Assignment -2 Location Analysis: Solve the following problem using excel and

Assignment -2 Location Analysis: Solve the following problem using excel and upload the assignment. A firm that has recently experienced enormous growth is seeking to lease a small plant in Memphis, TN; Biloxi, MS; or Birmingham, AL. Prepare an economic analysis of the three locations given the following information: Annual costs for building, equipment, and administration would be $40,000 for Memphis, $60,000 for Biloxi, and $100,000 for Birmingham. Labor and materials are expected to be $8 per unit in Memphis, $4 per unit in Biloxi, and $5 per unit in Birmingham. The Memphis location would increase system transportation costs by $50,000 per year, the Biloxi location by $60,000 per year, and the Birmingham location by $25,000 per year. Solve the two scenarios on single excel file and on two different sheets as follows: a) When expected annual volume is10,000 units. b) When expected annual volume is17,000 units

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