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A manager must decide which type of machine to buy, A, B, or C. Machine costs (per individual machine) are as follows: Cost $50,000 $40,000
A manager must decide which type of machine to buy, A, B, or C. Machine costs (per individual machine) are as follows: Cost $50,000 $40,000 $70,000 Machine A B C Product forecasts and processing times on the machines are as follows: PROCCESSING TIME PER UNIT (minutes) Annual Product Demand 1 2 3 4 18,000 25,000 15,000 9,000 ALF45 1 B 6538 1 Click here for the Excel Data File 2226O C 1 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 8 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
complete both parts, A and B.
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