This is a business economics question

Answer ALL questions 1(a). A smartphone manufacturer invests GH 20 million in developing a new phone design 3D interface, but the development is not quite finished. At a recent meeting, your sales peo report that a rival has just released a new phone which is estimated to reduce the expected sales your new product to GHe12 million. If it would cost GUe4 million to finish development make the product, should you go ahead and do so? What is the most that you should pay complete development? Explain your answer. (10 marks) b. Three members of the operations management team at a plant manufacturing steel tubing construction projects are discussing a possible increase in production. Each suggests a way to ma