This is an assignment based on location strategies $($CH $8).$Your objective is to select the next location for your business $($use your Assignment $1$ business or any other$).$ 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:$1.$Briefly introduce your business $($you can use from your earlier assignment$).$ Remember I don't know the company or the business$\mathrm{.}2.$Identify and explain the major factors that affect your business location decisions$($also study the Key Success Factors Fig. $8\mathrm{.}1)\mathrm{.}3.$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 all the numbers $($as in the chapter$)\mathrm{.}4.$When you select a city$($s$)$ refer to published statistics e$.$g$.$ demographics, transportation, diversity etc$\mathrm{.}5.$Next, using well$-$researched data, do a Crossover Chart for Locational Cost$-$Volume Analysis for the 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$\mathrm{.}6.$Analyze the lowest costs between all $3$ locations and then indicate the crossover point for the highest profit$7.$As always, I need to see a detailed explanation to justify the numbers Dont assume that I understandDetailed analysis is more critical rather than page length.