Question: 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

Creative Cabinets, Inc., needs to choose a
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 12 30 24 28 18 26 25 15 10 Annualized Fixed Variable Costs Cost of Plant & (per unit) ($) Process Type Equipment Labour Material Energy Mass Customization $1,260,000 Intermittent $1,000,000 20 Repetitive $1,720,000 15 12 Continuous $2,100,000 Creative Cabinets projects an annual demand of 60,000 units for the Maxistand. The Maxistand will sell for $120 per unit a) Which process type will maximize the annual profit from producing the Maxistand? Based on the projeded annual demand, the best alternative available is to use the b) What is the value of this annual profit? The value of annual profit using this method is $(Enter your response as an integer) process

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