Borges Machine Shop, Inc., has a $1-$year contract for the production of $250,000$ gear housings for a new off$-$road vehicle. Owner Luis Borges hopes the contract be extended and the volume increased next yearBorges has developed costs for three alternatives. They are general $-$purpose equipment $($GPE$),$ flexible manufacturing system $($FMS$),$ and expensive, but efficient, dedicated machine $($DM$).$ The cost data follow