Final answer:
The 'sell or process further' analysis does not consider relevant benefits; it only compares costs and potential revenue (b). Unlike Cost Benefit Analysis, it does not evaluate the gains in terms of money, time, experience, or other improvements that come from processing the product further.
Step-by-step explanation:
The type of analysis that does not consider relevant benefits is sell or process further. This decision-making process involves determining whether it is more profitable to sell a product at a given point in its production or to process it further and sell it at a higher price. Since the analysis focuses solely on costs and potential revenue without considering the benefits, it contrasts with other types of decision processes like make or buy, keep or drop a product/segment, or accept or reject a special order, which involve both costs and benefits.
A Cost Benefit Analysis, on the other hand, explicitly compares the costs and benefits of different decisions. In a Cost Benefit Analysis, both sides of a situation are considered: costs — what is given up (money, effort, other sacrifices) and benefits — what is gained (money, time, experience, improvements). The sell or process further analysis strictly looks at the additional processing costs and the additional revenue, not the benefits of processing the product further.