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In 2020, a small startup Business purchased a brand-new 1 KW 3-D printer at $10,000 together with $20,000 worth of printing materials & supplies. Due

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In 2020, a small startup Business purchased a brand-new 1 KW 3-D printer at $10,000 together with $20,000 worth of printing materials & supplies. Due to the pandemic his investments have been collecting dust in the storage ($500/year for storage). In January 2024, the small business owner asked you to help evaluate if it is feasible to 1) unpack the 3-D printer and use the printing materials & supplies to start a business for printing dental braces or 2) resell them online. the following data are assembled for your consideration: A 2 KW 3-D printer of the same brand and year (2020) was resold on an online store at $15,000 recently. The power-sizing exponent for 3-D printers is 0.6. The printing materials cost index value was at 250 in 2020 and is 310 in 2024. The learning curve rate for 3-D printing is 68.3%, and steady-state production will be reached with the 8" set (unit) at two hours per set Question #1 (25 points): what are the opportunity costs of using or reselling the 3-D printer and printing materials & supplies? What is the time to produce the N*^ set of braces? Show your steps and fill your answers to the following Tables: Opportunity Costs of the 3-D Printer Opportunity Cost of the printing materials & supplies Total Opportunity Cost/price N" Unit or Set of Braces 2 CU 4 6 Time to make N" (hrs) Total Time for the first 7 sets (hrs)

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