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Assume consumer demand at 100% requires 50 machines Assume 10 machines wear out each year. Note that not all machines that wear out need to

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Assume consumer demand at 100% requires 50 machines Assume 10 machines wear out each year. Note that not all machines that wear out need to be replaced. End of year total, however, does reflect wear out rate (or number of operational machines available to start new period. 1) Fill in the all the blanks Need to purchase Begin Demand Need | % Change End New End Year in of of Year % Consumer Year Demand Demand Total Forecast for next period 1 100% 50 0% 40 95% 2 95% 48 -5% 38 105% 3 105% 53 +10% 43 100% 4 100% 85% 5 85% 75% 6 75% 100% New Demand Level (Required) for next period (47.5) = 48 53 50 N 8 15 7

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