signment Preetinder Kaur 03/04/23 12:29 AM HW Score: 3.7%, 1 of 27 points < Question 2, Problem 7.5 (similar to) > Points: 0 of 2 Save Meile Machine Shop, Inc., has a 1-year contract for the production of 250,000 gear housings for a new off-road vehicle. Owner Laura Meile hopes 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: Annual contracted units Annual fixed cost Per unit variable cost General-Purpose Equipment (GPE) 250,000 $150,000 $18.00 Based on the cost, the process that is best suited for the current contracted volume is Flexible Manufacturing System (FMS) 250,000 $250,000 $14.75 Dedicated Machine (DM) 250,000 $480,000 $13.50 xt pages Calculator Clear all Final check DOLL) N W 0C 49 ENG 12:30 AM 2023-03-04 1