Parries Confectionery Company is considering the introduction of a new toffee. It requires four processes: A, B, C, and D in sequence. The equipment required for each process is available in the company now and is dedicated to the production of another type of candy. Although some capacity is available on all the equipment types, management is not sure whether they need to buy additional pieces. To aid management in decision making, the following information is available: (a) The four pieces of equipment-one for each type-are available 50% of the time. (b) The company operates one shift per day (8 hours) and 250 days per year. (c) If the company decides to produce toffee, then it must allocate half a day for candy production and the remaining half day for toffee. (d) The time required for equipment setup, cleaning, and maintenance and scrap rate (i.e., spillage, production items that do not meet shape and other quality standards and hence must be discarded, etc.) for each process is given in Table 2.6. (e) The demand for toffee is expected to be 1, 000, 000 per year. If 1, 000, 000 toffees are required to be made per year, determine how many input and output units are required for each process. (f) Determine whether the company can produce the new toffee with the available equipment. If not, how many pieces of each equipment must Parries purchase? Show your calculations. (g) The company can operate half a second shift by using 15 employees who must be paid an overtime salary of $20 per hour. The overhead expenses are estimated to be $10, 000. It is known that equipment for processes A, B, C, and D cost $50, 000, $200, 000, $100, 000, and $100, 000, respectively. Is it better to operate the (half) second shift or purchase necessary additional equipment. Explain your