Q4 Articulate the problem and propose the possible solutions by both considering the result of your financial (dis)advantage analysis and the additional factors. (explain it clearly and comprehensively and propose at least 3 possible solutions to receive credit).

Answer 4 Possible solution for the problem would be to continue with the production and then slowly reduce expenses which are there for plant and then close the plant. Another solution would be to ask the staff to leave the company where large cost will be saved and then after plant closure company will not incur those expense. Try to at least continue plant for two years so that after two years rent cost won’t be there and then plant can be closed.