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Wour company has developed a promising new product and if is examining alternatives to manufacture the product before introducing it into the market. Currently you

Wour company has developed a promising new product and if is examining alternatives to manufacture the product before introducing it into the market. Currently you do not have the resources to manufacture the new product, as it requires a spectal machine, You have identifed three alternative to manufacture the product. The first alternative is to purchase a used and older version of the machine at a cost of $250,000. The second alternative is to purchase the latest and state of the art machine at a price of $350,000, The third alternative is to outsource the manufacturins process to another company by sharing with them the design of your new product. You estimate that the variable cost of producing an item

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