Question: Steps for Q 1 - 1 0 A food processor is considering the development of a new product. Depending on thequality of raw material, he

Steps for Q1-10 A food processor is considering the development of a new product. Depending on thequality of raw material, he can expect different yields process-wise, and the quality of the finalproducts will vary considerably. The product development department has identified threealternatives, which it has produced on a pilot scale. The marketing department has used thosesamples for surveys to estimate potential sales and pricing strategies. The three alternatives,which would use existing equipment, but different process conditions and specifications, aresummarized as follows. Indicate which alternative seems to be the best according to theestimated data, if the objective is to maximize total profit per year.

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