Question: 1.1 You have been appointed as a process technologist in a logistics company, you have been tasked to develop a life cycle cost model for

1.1 You have been appointed as a process technologist in a logistics company, you have been tasked to develop a life cycle cost model for a system of your choice

a) Identify model input/output factors (4)

b) Develop the model (8)

c) Perform necessary analysis evaluate the results (5)

1.2Describe how you would use the results to improve the design? (5)

1.3What is the purpose of breakeven analysis? (3)

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