I. A o the managers insisted on company who manufactures barrels for wine storage was choosing between machines that bends oak wood into a barel shane. O that bends oak wood into a barrel shape. One of the managers insisted on anugetnginalonstof the cxisting machine in the decision analysis. If you were the other manager, you would: a. Accept this suggestion. b. Accept this suggestion but only account for half the price of the existing machine. c. Reject the suggestion since it would be hard to know the current market value of the existing machine. d. Rejet the suggestion because it is not relevant in the decision process. 2. In engineering economic analysis, an economic eriterion is the basis of of feasible altermativ es so they can be judged for economic efficiency. One of the criteria arranging outcomes a. Minimize output for fixed input. b Minimize output- input for fixed input and output c. Maximize output for fixed input. d. Maximize input for fixed output