Following statements are given for plant location strategies :

Statement (I): White goods manufacturing companies have separate plants for colour TVs, washing machines, microwave ovens, etc.; for avoiding confusion and bringing about economies of scale.

Statement (II): Pepsi and Coke have bottling plants scattered all over the country which cater to different regions to avoid confusion at the main manufacturing set-up rather than reducing overall transportation costs and the lead time for supplying goods in the markets.

Find the correct code of the above statements being correct or incorrect.

1
Statement (I) is not correct but (II) is correct.
2
Statements (I) and (II) both are correct.
3
Statement (I) is correct but (II) is not correct.
4
Statements (I) and (II) both are not correct.

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