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

Consider the three processes described below, which are being evaluated as possible choices to handle production of units for the firm DEF Associates.

PROCESS FIXED COST ($) VARIABLE COSTS PER UNIT ($)
D 1500 1
E 850 5
F 1200 3

(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

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