Select two of the decision types listed above (CHOSEN: Keep or drop an existing customer & Accepting a special order). For each selected decision type:

- Create a hypothetical situation in which management is faced with this decision type.

- Explain the circumstances including both quantitative and qualitative factors which will be considered.

- Evaluate relevant costs including differential costs, avoidable costs, and opportunity costs.

- Identify irrelevant costs including sunk costs and fixed costs.

- Recommend the most appropriate decision for management based on your analysis.