Reed Engineering Ltd is a valve manufacturing company that was established two decades ago. The valves are high-end products. The company used to manufacture a variety of valves to cater to the needs of different customers. Over the years, several competitors entered the field and Reed started facing tough competition in the marketplace. The situation forced Reed to look at reducing operating costs. With the help of the employees, the management identified three models of valves, which were felt to have the greatest opportunity for savings. You have been invited as a consultant to look at the following cost data analyse and draft a report for the management.

in this ques , a management report is required as ananswer but in answer section only the diagram content is rewritten . please help with correct answer