The Chester company will increase its automation for the Coat product by 2.0. Assuming no further change in capacity, how much will this investment in automation cost?

Select: 1

$10,000,000

$8,750,000

$20,000,000

$17,500,000

Production Information

Name	Primary Segment	Units Sold	Unit Inven tory	Revision Date	Age Dec.31	MTBF	Pfmn Coord	Size Coord	Price	Material Cost	Labor Cost	Contr. Marg.	2nd Shift & Over- time	Auto mation Next Round	Capacity Next Round	Plant Utiliz.
Acre	Thrift	1,029	4,143	11/22/2019	1.7	20000	7.0	10.0	$20.00	$7.77	$10.10	-20%	96%	5.5	1,373	194%
Adam	Thrift	1,210	3,041	8/2/2019	1.6	21000	8.0	11.5	$25.00	$7.53	$7.15	15%	53%	6.0	1,640	151%
Aft	Nano	975	1,420	7/16/2019	1.4	22000	11.0	5.5	$35.00	$11.46	$8.07	29%	51%	6.0	1,095	149%
Agape	Elite	1,089	0	9/19/2019	1.4	23000	13.0	9.0	$30.00	$11.05	$6.14	40%	0%	7.0	1,348	99%
Bead	Thrift	941	270	12/20/2019	2.2	14000	9.5	10.5	$17.00	$6.82	$1.81	50%	0%	10.0	1,250	67%
Bid	Core	1,946	169	12/7/2017	3.1	16000	10.4	9.6	$19.00	$8.14	$3.93	34%	21%	10.0	1,647	120%
Bold	Nano	1,362	219	12/17/2019	1.0	18000	13.9	3.4	$30.00	$12.74	$7.13	34%	61%	7.0	1,000	160%
Buddy	Elite	993	257	12/17/2019	1.0	20000	17.0	5.9	$36.00	$13.59	$6.56	43%	22%	7.0	1,000	121%
Bat	Core	1,708	74	12/25/2019	0.9	16000	11.8	8.1	$21.00	$9.31	$5.81	29%	75%	8.0	1,100	173%
Beetle	Core	1,036	0	2/10/2019	0.9	16000	11.5	8.5	$22.00	$9.03	$4.49	37%	100%	8.0	1,030	176%
Cedar	Nano	1,881	0	11/5/2019	1.2	23000	14.5	3.5	$34.00	$13.66	$7.91	39%	100%	7.0	1,200	198%
Cid	Elite	1,607	135	8/24/2019	1.9	25000	17.3	5.5	$34.00	$14.56	$6.90	36%	72%	7.0	900	171%
Coat	Nano	1,436	360	7/3/2019	1.3	23000	15.0	3.0	$37.00	$14.04	$7.37	40%	48%	7.0	1,250	146%
Cure	Elite	1,806	419	7/25/2019	1.3	25000	17.1	5.2	$37.00	$14.57	$7.63	38%	70%	7.0	1,500	168%
Dell	Thrift	1,927	152	4/29/2020	3.7	17000	8.8	11.2	$16.00	$6.80	$3.54	33%	27%	10.0	1,650	126%
Dixie	Thrift	2,033	223	4/29/2020	3.6	17000	9.0	11.0	$16.00	$6.96	$3.36	33%	11%	10.0	1,900	109%
Dug	Core	1,771	259	12/16/2018	2.1	18000	11.9	7.5	$24.00	$9.72	$4.89	37%	65%	8.0	1,250	164%
Dune	Core	1,970	282	12/18/2018	2.1	20000	12.6	8.0	$24.00	$10.36	$4.85	34%	60%	8.0	1,500	158%