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Operations Management 639 Q1. Jerusalem Optical experienced substantial growth over the last 10 years. It purchased additional increments of lens production machines in relatively
Operations Management 639 Q1. Jerusalem Optical experienced substantial growth over the last 10 years. It purchased additional increments of lens production machines in relatively small units. The data analysis revealed that the growth is steady and constant. The data for the last decade is as follows: Year Units Produced 2011 2012 15000 15500 2013 2014 2015 2016 2017 2018 2019 2020 16250 16750 16900 17240 17500 17300 17750 18100 Using the trend projection forecasting method, determine the capacity needs in units for 2021, 2023, and 2025 b- If each machine is capable of producing 2000 lenses (units), how many machines should it expect to have in 2025? c- Assume that in 2021, the firm has 9 machines each capable of producing 2000 lenses per year. However, the new and best machine then on the market has, the capability of producing 3000 per year. ii. What is the status of capacity at the firm in the year 2026 if it buys the new and best machine in 2021? What is the status of capacity at the firm in the year 2026 if it buys in 2021 the standard machine with a capacity of 2000? 2000 X
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