Exercise 7.14 Consider the scenario described in Exercise 7.8 (page 278). The company in question is being pressed by several of its customers to fulfill their orders faster. The companys management estimates that the company stands to lose 250,000 in revenue, if they do not reduce their order fulfillment time below 40 working days. Adding one engineer to the existing team would reduce the time to design a hardware down to 14 working days (from 16 days). An additional engineer would cost the company 50,000. On the other hand, hiring a second engineering team would cost 250,000. Analyze these two scenarios and formulate a recommendation to the company.

Fig. 7.16 Request for handling a request for quote at MetalWorks