Question: please do graph as well Creative designs make intricate jewelry out of precious metal. The company is introducing a new line and needs to select
please do graph as well
Creative designs make intricate jewelry out of precious metal. The company is introducing a new line and needs to select a manufacturing process. Three options are available. The first involves using a mold to mass produce the design for pendants, earrings, and bracelets. The second option laser cuts the design from a block of metal using a pattern directed by the software. The third option builds the design out of metal powder (gold, silver, and bronze) via a 3D printer. The company is uncertain about demand for the new design. Option 1 2 3 Fixed Cost $10,000 $5,000 $3,000 Variable Cost $10 $30 $50 1. If Creative Designs expects to sell 200 pieces of the new design, which process should it use? Show your work and explain your answers in detail. 2. If Creative Designs expects to sell 1000 pieces of the new design, which process should it use? Show your work and explain your answers in detail. 3. Create a decision rule that specifies which process to select for different levels of demand. This is the place where the comment about graph should pop back into your mind (i.e., it would behoove you to create a graph & use it to answer the question). Insert your graph and explain your answers in detail. Hint: Review Example 7 1 in texthonk and DDT elider
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