A manager must decide which type of machine to buy, A, B, or C. Machine costs (per individual machine) are as follows: Machine Cost A 70,008 B 560,008 C 358,008 Product forecasts and processing times on the machines are as follows: PROCCESSING TIME PER UNIT (minutes) Annual Product Demand A B C 1 5,008 2 3 2 2 12,882 4 3 3 3 23,888 2 1 1 4 8,088 4 5 B Click here for the Excel Data File a. Assume that only purchasing costs are being considered. Compute the total processing time required for each machine type to meet demand, how many of each machine type would be needed, and the resulting total purchasing cost for each machine type. The machines will operate 10 hours a day, 220 days a year. (Enter total processing times as whole numbers. Round up machine quantities to the next higher whole number. Compute total purchasing costs using these rounded machine quantities. Enter the resulting total purchasing cost as a whole number.) Total processing time in minutes per machine: A B C\fb. Consider this additional information: The machines differ in terms of hourly operating costs: The A machines have an hourly operating cost of $10 each, B machines have an hourly operating cost of $10 each, and C machines have an hourly operating cost of $12 =ach. What would be the total cost associated with each machine option, including both the initial purchasing cost and the annual operating cost incurred 1o satisfy demand?{Use rounded machine quantities from Part a. Do not round any other intermediate calculations. Round your final answers to the nearest whole number.) O m| > Buy Determine the utilization and efficiency for each of the following situations. a. A loan processing operation that processes an average of 3 loans per day. The operation has a design capacity of 13 loans per day and an effective capacity of 10 loans per day. (Round your answer to 1 decimal place.) Utilization Efficiency b. A furnace repair team that services an average of 2 furnaces a day if the design capacity is 6 furnaces a day and the effective capacity is 5 furnaces a day. (Round your answer to 1 decimal place.) Utilization % Efficiency %<. would you say that systems have higher efficiency ratios than other will always utilization those was>