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Question 3 14 points Saved Madam Merta's needs to choose a production method for their new adjustable work stations; the Flexsit. All the methods have

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Question 3 14 points Saved Madam Merta's needs to choose a production method for their new adjustable work stations; the Flexsit. All the methods have comparable quality, and the company wants to choose the process that is most affordable given their volume constraints. They have 4 possible processes in the running, with cost data as follows: Process Fixed Variable Type Costs ($) Costs ($ per unit) W 14000 59 12000 61 18000 42 T 21500 30 (a) Which process is the best choice if producing at very low volumes? Process Type V (b) Which process is the best choice if producing at very high volumes? Process Type T (c) What is the largest volume for which the process you named in part (a) is still the best choice? Give an integer answer. 306 units. (d) Suppose the product will be selling for 112 dollars per unit. Compute the break even point in units, if the company uses process type W. 39000 units. (e) If the company will be producing and selling 1000 units, what profit would be earned by using Process Type W (even if it might not be the most economical for this volume)? Assume the same selling price as mentioned in part (d). 39000 dollars

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