Problem 5. (Cost per Piece in Additive Manufacturing) The cost of the stereolithography machine is $60,000 installed. It operates 5 days per week, 8 hours per day, 50 weeks per year, and is expected to last 5 years. Material cost for the photopolymer = $150/L. Assume that all of the photopolymer in the container that is not used for the part can be reused. Labor rate = $25.00/hr, but labor will be used for only 30% of the build cycle, mostly for setup. The post- processing time = 5.0 min/part. Using the cycle time of 3.27849 hr, determine the cost a part of volume 22564 mm³. Please show steps clearly for understanding

The word rapid prototype contains two words- rapid and prototype. The word rapid represents fast, and prototype represents a real, dimensionally accurate, and working assembly of a new or existing product.Rapid prototyping is described as a layer-by-laye…