• 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 (Mcdonald's, etc)
  • 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
      • (I believe it can be any three states you decide to choose)
      • 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 Location 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
  • Is it possible to create a detailed explanation / analysis to justify the numbers.
  • This is the only information I have, I hope this information helps. Thanks.