What must decide the market segment to be served, the product features and quality level expected by that market, the price, and the expected sales volume?
To achieve _, it often makes more sense to have two relatively inexpensive general-purpose machines than one large, expensive special-purpose piece of equipment.
A process costs $200 to set up. The run time is 5 minutes per piece and the run cost is $30 per hour. Determine total cost and unit cost for a lot of 500.