Question: Consider the three processes described below, which are being evaluated as possible choices to handle production of units for the firm NST Associates. PROCESS N:

Consider the three processes described below, which are being evaluated as possible choices to handle production of units for the firm NST Associates.
PROCESS N: fixed cost 14000, variable cost 15 per unit
PROCESS S: fixed cost 8000, variable cost 50 per unit
PROCESS T: fixed cost 12000, variable cost 30 per unit
(a) Construct a crossover chart to show the comparative total costs of each process, as a function of the volume x of units produced. Your graph should be neat, complete, reasonably scaled, and clearly labeled with all relevant information.
(b)In words, give a summary of which process is best (lowest cost) for which volumes. Consider the three processes described below, which are being evaluated as possible choices to handle production of units for the firm NST Associates.
(a) Construct a crossover chart to show the comparative total costs of each process, as a function of the volume \( x \) of units produced. Your graph should be neat, complete, reasonably scaled, and clearly labeled with all relevant information.
(b) In words, give a summary of which process is best (lowest cost) for which volumes.
 Consider the three processes described below, which are being evaluated as

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