Creative Cabinets, Inc., needs to choose a production method for its new office shelf, the Maxistand. To help accomplish this, the firm has gathered the following production cost data:

Process Type Annualized Fixed Cost of Plant & Equip. Variable Costs $($per unit$)($$$)$

LABOUR MATERIAL ENERGY

Mass Customization $$1,260,000301812$

Intermittent $$1,000,000242620$

Repetative $$1,625,000281512$

Continuous $$1,960,0002515102.$What are the assumptions of break$-$even analysis? $(1$ mark$)$

$3.$Describe the five$-$step process that serves as the basis of the theory of constraints.$(1$ mark$)$