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7 . 9 Makayla Metters Cabinets, Inc., needs to choose a production method for its new office shelf, the Maxistand. To help accomplish this, the

7.9 Makayla Metters Cabinets, Inc., needs to choose a production method for its new office shelf, the Maxistand. To help accomplish this, the firm has gathered the following production cost data:
\table[[\table[[PROCESS],[TYPE]],\table[[ANNUALIZED],[FIXED COST OF],[PLANT & EQUIP.]],VARIABLE COSTS (PER UNIT)($)],[LABOR,MATERIAL,ENERGY],[\table[[Mass],[Customization]],$1,260,000,30,18,12],[Intermittent,$1,000,000,24,26,20],[Repetitive,$1,625,000,28,15,12],[Continuous,$1,960,000,25,15,10]]
Makayla Metters Cabinets projects an annual demand of 24,000 units for the Maxistand. The Maxistand will sell for $120 per unit.
a) Which process type will maximize the annual profit from producing the Maxistand?
b) What is the value of this annual profit? Px
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