Answered step by step
Verified Expert Solution
Question
1 Approved Answer
The Union Manufacturing Company makes two types of products: A and B. The demand forecasts, lot sizes, and manufacturing time requirements for the products
The Union Manufacturing Company makes two types of products: A and B. The demand forecasts, lot sizes, and manufacturing time requirements for the products are shown in the table below. Both products are produced on the same type of machine. Union Manufacturing works 280 days per year and operates 3 shifts, each lasting 8 hours. Management aims to have at least a 20 percent capacity cushion. Demand forecast (units/year) Lot size (units) Product A 2000 Product B 6000 30 20 3.8 12 4.8 18 Processing time (hours/unit) Setup time (hours/lot) Taking processing and setup time into account, what is the total time needed to meet forecast demand? (Round your answer to one decimal place.) The total time needed is hours. Using the 20 percent target for the capacity cushion, what is the total time available per year on each machine? (Round your answer to one decimal place.) The total time available per year on each machine is hours. How many machines are needed to meet forecast demand and observe the capacity cushion requirement? Union Manufacturing needs machines.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started