Question: Q1. What do the lines in the graph represent? ( 5 points) Q2. Ching-Chang Kuo is considering opening a new foundry in Denton, Texas; Edwardsville,

Q1. What do the lines in the graph represent? ( 5 points) Q2. Ching-Chang Kuo is considering opening a new foundry in Denton, Texas; Edwardsville, Illino1s; or Fayetteville, Arkansas, to produce high-quality rifle sights. He has assembled the following fixed-cost and variable-cost data (I0 point) i) Graph the total cost lines. ii) Over what range of annual volume is each facility going to have a competitive advantage? iii) What is the volume at the intersection of the Edwardsville and Fayetteville cost lines? Q3. There are five customers from A to E with their demand values in parentheses and coordinates in figure below. A decision maker wants to build a warehouse to answer the demand of customers. To minimize the total distance travelled by the customers, find the location of warehouse using Center of Gravity Method. (10 Point) Q1. What do the lines in the graph represent? ( 5 points) Q2. Ching-Chang Kuo is considering opening a new foundry in Denton, Texas; Edwardsville, Illino1s; or Fayetteville, Arkansas, to produce high-quality rifle sights. He has assembled the following fixed-cost and variable-cost data (I0 point) i) Graph the total cost lines. ii) Over what range of annual volume is each facility going to have a competitive advantage? iii) What is the volume at the intersection of the Edwardsville and Fayetteville cost lines? Q3. There are five customers from A to E with their demand values in parentheses and coordinates in figure below. A decision maker wants to build a warehouse to answer the demand of customers. To minimize the total distance travelled by the customers, find the location of warehouse using Center of Gravity Method. (10 Point)
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