Possible points: 4 Due Date: 02/06/2020 Suppose that a manufacturer can produce a part for $10.00 with a fixed cost of $5,000. Alternately, the manufacturer could contract with a supplier in Asia to purchase the part at a cost of $12.00, which includes transportation a. If the anticipated production volume is 1.200 units, compute the total cost of manufacturing and the total cost of outsourcing b. What is the best decision? Can analytics help improve the effectiveness or efficiency of decision? Yes or No justify your answer with possible implications Model: Total CostFixed Cost (Variable CostQuantity