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(a) Level or Horizontal Pattern: Data follows a horizontal pattern around the mean Quantity (b) Trend Pattern: Data is progressively increasing (shown) or decreasing Quantity Time Time (c) Seasonal Pattern: Data exhibits a regularly repeating pattern Quantity (d) Cycle: Data increases or decreases over time Quantity wy 1 2 3 2 3 1 2 4 1 2 3 4 1 Time (quarters) 3 4 1 2 3 4 1 2 3 4 Time (quarters) Break Even Analysis 1. A producer of mobile phone cases runs a production line that has $925,000 fixed costs, variable costs per unit of $10.50. Each case sells for $20.00. How many units must be sold to break even? If demand is forecast at 90,000 units, should you operate the production line? Explain your decision