You are a consultant advising two manufacturing companies, Company Alpha and Company Beta, on cost optimization strategies. Both companies produce consumer electronics.

Requirements:

1. Company Alpha incurred $80 million in manufacturing costs to produce 1 million units of its flagship product. Company Beta spent $100 million to produce 1.5 million units of a similar product.
2. Compare the cost per unit for both companies and analyze the cost efficiency of their manufacturing processes.
3. Provide recommendations to each company on how they can improve their cost-effectiveness in production.