Class Exercise - Module 7-9 1. Borges Machine shop has 1 -year contract for production of 200,000 gears. Owner hopes the contract will be extended and volume increase next year. Costs for 3 alternatives: a) Which process is best for this contract? b) Determine the most economical volume for each process. c) Determine the best process each of the following volumes - 75,000 - 275,000 - 375,000 d) If a contract for second and third years are pending, what are the implication for process selection