Determine the break even points on the merged graph


Problem

I. Determine the BREAK EVEN POINTS on the merged graph. Explain your answer

II. How do Labor Rate, Machine, Cycle Time, Cost to Make, and Set-Up Costs influence each other directly and indirectly. Which cost(s) has the most profound influence on overall cost?

III. i) At what point is Machine 4 a better choice to use than Machine 3, and why?

ii) At what point (cost versus the number of parts) is the use of Machine 1 a better choice than the use of Machine 4, and why?

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Microeconomics: Determine the break even points on the merged graph
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