The fixed and variable costs for three potential banking branch are as follows Site fixed cost Variable cost Loc1 500$ 11$ Loc2 1000$ 8$ Loc3 1700$ 5$ a- For what range of customer number is each location optimal b- For a number of customers of 250, what is the best location
The fixed and variable costs for three potential banking branch are as follows Site fixed cost Variable cost Loc1 500$ 11$ Loc2 1000$ 8$ Loc3 1700$ 5$ a- For what range of customer number is each location optimal b- For a number of customers of 250, what is the best location
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter6: Optimization Models With Integer Variables
Section: Chapter Questions
Problem 100P
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Question
The fixed and variable costs for three potential banking branch are as follows
Site fixed cost Variable cost
Loc1 500$ 11$
Loc2 1000$ 8$
Loc3 1700$ 5$
a- For what range of customer number is each location optimal
b- For a number of customers of 250, what is the best location
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