Q: Global systems, Inc. is initiating a new plant and has yet to decide on the type of process to employ. A labor intensive process would cost 12,000 $ for tools and equipment and 15$ for labor and materials per item produced. A more automated process costs 60,000$ in plant and equipment but has a labor and material costs of 10$ per item produced. A fully automated process costs 300,000$ for plant and equipment and 2$ per item produced.
If process selection were based solely on lowest costs, for what range of production would each process be chosen?
Q: Give one example for each of the following transformation processes: physical, locational, an exchange, physiological, psychological, and informational.