Calculate three manufacturing systems for different-different volumes
Problem- 7.7 Using the data in Problem 7.5 determine the best process for each of the following volumes:
(1) 75,000, (2) 275,000, (3) 375,000
Part 1- 7.5 GENERAL PURPOSE FLEXIBLE DEDICATED EQUIPMENT MANUFACTURING MACHINE
(GPE) SYSTEM (FMS) (DM)
Annual contracted
Units 200,000 200,000 200,000
Annual fixed cost $100,000 $200,000 $500,000
Per unit variable
Cost $ 15.00 $ 14.00 $ 13.00
I need help to defines the best manufacturing systems alternative for each of the given volumes.