1)Mike Towers is the manager of a small office support business that supplies copying, binding, and other services for local companies. Mike must replace a worn-out copy machine that is used for black and white copying. Two machines are being considered, and each of these has a monthly lease cost plus a cost for each page that is copied.

Machine 1 has a monthly lease cost of $600, and there is a cost of $0.010 per page copied. Machine 2 has a monthly lease cost of $400, and there is a cost of $0.015 per page copied. Customers are charged $0.05 per page for copies.

A.Develop a Quantitative Analysis Approach using the seven steps to help Mike to take a decision on which machine he should acquire (defining the problem, developing a model, acquiring input data, developing a solution, testing the solution, analyzing the results, and implementing the results)

B.If Mike expects to make 10,000 copies per month, what would be the cost for each machine, and which machine would be better?

C.If Mike expects to make 30,000 copies per month, what would be the cost for each machine, and which machine would be better?