***Please answer the full question and provide steps for all***

A small company wants to build a home kitchen product. The production line is estimated to have monthly fixed cost of $42,000 and a variable cost of $3 per unit. Since this is a new product, they used the Delphi method to estimate the selling price and have concluded the market would support a $7 dollars per unit price to the consumer. The Marketing department is recommending product launch scenarios that are based on sales projections of 10,000, 12,000 and 15,000 units per month. You are the operations manager that is to assess and validate the business plan for launching this product Be sure to include and describe your steps in point form and include and explain any formulae you might use in your answers a. Prepare a table that shows the total revenues, total variable cost, total cost and profit on a monthly. Basis Insert answer here b. Determine the break even point for the new product. C. Prepare and fully label plots of these results showing the TC and TR lines and the break even point and any other key data that you recommend should be included or highlighted to describe the product launch expectations Insert answer here All the parameters that have been estimated to forecast the results for this new product are uncertain. The company has a limited budget to conduct additional research and is assuming all parameters could be in error by (+/-)20% d. In your view, what could be some important qualitative and quantitative impacts should each of these parameters be incorrect by (+/-)20%. Be sure to discuss all key parameters individually (e.g., only consider the changes in 1 parameter at a time). Insert answer here e. The company believes they could afford to invest marketing funds to conduct research and reduce the uncertainty of one parameter by half. Explain how you would recommend ranking the parameters why you would recommend or not recommend parameter to be the focus for this additional research Insert answer here A small company wants to build a home kitchen product. The production line is estimated to have monthly fixed cost of $42,000 and a variable cost of $3 per unit. Since this is a new product, they used the Delphi method to estimate the selling price and have concluded the market would support a $7 dollars per unit price to the consumer. The Marketing department is recommending product launch scenarios that are based on sales projections of 10,000, 12,000 and 15,000 units per month. You are the operations manager that is to assess and validate the business plan for launching this product Be sure to include and describe your steps in point form and include and explain any formulae you might use in your answers a. Prepare a table that shows the total revenues, total variable cost, total cost and profit on a monthly. Basis Insert answer here b. Determine the break even point for the new product. C. Prepare and fully label plots of these results showing the TC and TR lines and the break even point and any other key data that you recommend should be included or highlighted to describe the product launch expectations Insert answer here All the parameters that have been estimated to forecast the results for this new product are uncertain. The company has a limited budget to conduct additional research and is assuming all parameters could be in error by (+/-)20% d. In your view, what could be some important qualitative and quantitative impacts should each of these parameters be incorrect by (+/-)20%. Be sure to discuss all key parameters individually (e.g., only consider the changes in 1 parameter at a time). Insert answer here e. The company believes they could afford to invest marketing funds to conduct research and reduce the uncertainty of one parameter by half. Explain how you would recommend ranking the parameters why you would recommend or not recommend parameter to be the focus for this additional research Insert answer here