Read the chapter opener about Charlie Fyffe and his company, Charlie’s Brownies. Suppose Charlie’s business grows and he considers building a new, massive bakery and warehousing center to make his business more efficient and reduce costs.

Required

1. What are some of the management tools that Charlie can use to evaluate whether the new bakery and warehousing center will be a good investment?

2. What information does Charlie need to use the tools that you identified in your answer to part 1?

3. What are some of the advantages and disadvantages of each tool identified in your answer to part 1?