Data Analysis and Decision Modeling

27. The setup cost incurred in preparing a machine to produce a batch of product is an example of a a. fixed charge. b. random charge C. sunk cost. d. variable cost. 28. A manufacturing company has costs associated with production preparation and with per unit production. The per unit production costs are referred to as a. decision variables. b. production cost constraint coefficients. c. variable costs. d. marginal costs