Question: 1 . A laboratory is using micro - electrodes, which can be made in the laboratory or purchased. The equipment to produce the electrodes would

1. A laboratory is using micro-electrodes, which can be made in the laboratory or purchased. The equipment to produce the electrodes would cost $800.00. The research technician could manufacture the electrodes and is paid $12.00 an hour. A research assistant could be trained to produce the electrodes and is paid only $6.80 an hour. However, the assistant would require 2 weeks of training, during which time the electrodes would have to be bought from an outside source. The cost of purchasing the electrodes is $25.00 per piece, and every week they need 40 electrodes. The technician could produce 10 electrodes a day, as could the assistant after proper training. The material cost for each electrode is $4.00.
(a) Determine the equations to represent the total cost (Y) for each of the three make-and-buy alternatives, in terms of the number of units (x). Draw the line for these equations on a single graph using Excel.

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