Assignment 2:

• This is an assignment based on location strategies.
• Your objective is to select the next location for your business
• . Assume that your business does not exist in the selected states.
• Also assume that I have no idea about your industry and your business.
• There are 2 critical analyses in this assignment:
  • Briefly introduce your business
  • Identify and explain the major factors that affect your business location decisions.
  • Use the Factor Rating Method to evaluate location alternatives. I need you to look at 3 alternative states/cities in your analysis so you can pick the right kinds of factors e.g. State can offer tax incentives while the city has a railroad station. YOU MUST USE A TABLE AND SHOW YOUR NUMBERS
  • Next, using well researched data, do a Crossover Chart for Locational Cost-Volume Analysis for expected volume of output you could use an expected annual output in units (e.g. number of new savings accounts, mortgages in a bank; new students in a school; customers in a restaurant or retail; new patients etc.
  • Analyze the lowest costs between all 3 locations and then indicate the cross over point for the highest profit
  • As always, I need to see detailed explanation to justify the numbers Dont assume that I understand
• Detailed analysis is more critical rather than page length.