Problem 3 (30 points) Industrial Packaging Solutions (IPS) is a manufacturer of corrugated fireboard shipping boxes used by companies across the United States. IPS is considering an additional plant in each of two cities to be selected among the following cities. IPS has collected the fixed-cost and variable-cost data. The demand in each of the following cities is assumed to be unformly 42,000 units per year. per unit cost location fixed cost p materials variable labor overhead Atlanta, GA 200000 0.6 0.8 0.4 Baltimore, MD 180000 0.85 0.75 0.75 Chicago, IL 170000 0.4 0.4 1 Denver, CO 210000 0.4 0.3 0.4 Indianapolis, IN 230000 0.5 1.2 0.8 Kansas, MO 220000 0.4 0.8 0.2 Los Angeles, CA 190000 0.2 0.7 1 Minneapolis, MN 206000 0.3 0.3 0.3 New York, NY 196000 0.6 0.8 0.4 Orlando, FL 230000 0.2 0.5 0.5 Assume that the unit price is $22 3 Select the best city in terms of the annual profit and show the annual profit. # @1 5 02. Select the second best city and show the annual profit