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A manufacturing plant can use three different machines A, B and C in production of its products. The machines have different fixed and variable costs of production. You are provided with the following information from the plant about the 3 machines.
Machine Type Fixed Cost per year Variable cost per year
A 5,000.00 10
B 20,000.00 4
C 50,000.00 1
Required:
Question 1: Find the range of production when can recommend each of the machines form the above information.
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