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Q2. (2 marks) Your company are producing their New Product. In order to produce their New Product they have 4 1500 New Products per year.

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Q2. (2 marks) Your company are producing their New Product. In order to produce their New Product they have 4 1500 New Products per year. The demand for the New Product for the next three years is given in the table below: 2020 machines (2 operators per machine) and they currently have 8 operators/staff. Each machine has a capacity of producing Year New Product 2019 5500 2021 4500 5000 a) b) c) Calculate the capacity utilization for 2019 and 2020 Calculate the machine and labor requirements for 2019 and 2020 As demand is decreasing, your company is thinking of selling one of the machines for the New Product and moving 1 operator to another, more profitable department. Check whether after this action (selling one machine and moving 1 operator to another department), the company has enough capacity to handle the demand for 2021. Please show the calculations and formulate your arguments in words afterwards

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