The following processes - Tameka, Tamia, and Christian - have the following cost structure: Show all work in Excel with formulas Process Fixed Cost per Year Variable Cost per Unit Tameka $120,000 $3.00 Tamia 90,000 4.00 Christian 80,000 4.50 a. What is the most economical process for a volume of 8,000 units? b. How many units per year must be sold with each process to have annual profits of $50,000 if the selling price is $6.95 per unit? c. What is the break-even volume for each process?

The following processes - Tameka, Tamia, and Christian - have the following cost structure: Show all work in Excel with formulas Process Fixed Cost per Year Variable Cost per Unit Tameka $120,000 $3.00 Tamia 90,000 4.00 Christian 80,000 4.50 a. What is the most economical process for a volume of 8,000 units? b. How many units per year must be sold with each process to have annual profits of $50,000 if the selling price is $6.95 per unit? c. What is the break-even volume for each process?

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter12: Queueing Models

Section: Chapter Questions

Problem 59P

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Process	Fixed Cost per Year	Variable Cost per Unit
Tameka	$120,000	$3.00
Tamia	90,000	4.00
Christian	80,000	4.50

a.	What is the most economical process for a volume of 8,000 units?
b.	How many units per year must be sold with each process to have annual profits of $50,000 if the selling price is $6.95 per unit?
c.	What is the break-even volume for each process?