Meile Machine Shop, Inc., has a one-year contract for the production of 250000 gear housings for a new off-road vehicle. Owner Larry Meile hpoes the contract will be extended and the volume increased next year. Meile has developed costs for three alternatives. They are general purpose equipment (GPE), flexible manufacturing system (FMS), and expensive, but efficient, dedicated machine (DM). The cost data follow: GPE Annualized contracted 250000 FMS DM 250000 250000 units Annualized $125,000 $200,000 $500,000 fixed cost Per unit variable $15.00 $14.00 $15.00 cost (If the total cost is $2,100,000 put 2100000 in the answer) Total Cost GPE FMS Which process is best for this contract? (Put GPE, FMS or DM in the answer) DM