Question: A machine shop has a 1 - year contract to produce 1 0 0 , 0 0 0 gear housings for a new product. The

A machine shop has a 1-year contract to produce 100,000 gear housings for a new product. The company has developed costs for three alternative production processes. They are general-purpose equipment (GPE), flexible manufacturing system (FMS), and expensive, but efficient, dedicated machine (DM). Details are provided below.
A machine shop has a 1-year contract to produce 100,000 gear

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