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A company has seven products that are processed through 13 types of machines. The table below gives the setup time (upper number) and the standard time (lower number) in hours/pc. Equipment #2 B&S Vertical Mill J & L Turret Lathe Spray Booth IMPCO Straightening Machine 7.5" National Forging Machine Cincinnati Centerless Grinder K & T Simplex Mill Barnes 4-Spindle Drill Lincoln Welder Arbor Press 13" x 28" South Bend Lathe 16" x 36" South Bend Lathe Belt Grinder 101 0.553 0.017 0.535 0.059 0.785 0.083 0.111 0.009 102 0.888 0.095 0.180 0.066 0.060 0.080 0.055 0.033 103 0.595 0.098 0.670 0.017 0.511 0.098 104 105 106 0.858 0.098 0.074 0.430 0.095 0.059 0.638 0.017 0.892 0.720 0.083 0.071 0.137 0.018 0.400 0.044 0.106 0.089 0.307 0.060 0.080 0.038 0.877 0.062 0.173 0.041 0.257 0.008 107 90000 30000 14400 60000 6000 Yearly Volume (pieces/year) Economic Lot Size (pcs/setup) 250 250 600 200 300 200 0.0167 0.063 0.309 0.042 0.630 0.072 0.260 0.009 96000 21600 1000 Determine the number of machines required in each type. The company plans to use a 40- hour week. Use equipment efficiency of 85% in all cases.

A company has seven products that are processed through 13 types of machines. The table below gives the setup time (upper number) and the standard time (lower number) in hours/pc. Equipment #2 B&S Vertical Mill J & L Turret Lathe Spray Booth IMPCO Straightening Machine 7.5" National Forging Machine Cincinnati Centerless Grinder K & T Simplex Mill Barnes 4-Spindle Drill Lincoln Welder Arbor Press 13" x 28" South Bend Lathe 16" x 36" South Bend Lathe Belt Grinder 101 0.553 0.017 0.535 0.059 0.785 0.083 0.111 0.009 102 0.888 0.095 0.180 0.066 0.060 0.080 0.055 0.033 103 0.595 0.098 0.670 0.017 0.511 0.098 104 105 106 0.858 0.098 0.074 0.430 0.095 0.059 0.638 0.017 0.892 0.720 0.083 0.071 0.137 0.018 0.400 0.044 0.106 0.089 0.307 0.060 0.080 0.038 0.877 0.062 0.173 0.041 0.257 0.008 107 90000 30000 14400 60000 6000 Yearly Volume (pieces/year) Economic Lot Size (pcs/setup) 250 250 600 200 300 200 0.0167 0.063 0.309 0.042 0.630 0.072 0.260 0.009 96000 21600 1000 Determine the number of machines required in each type. The company plans to use a 40- hour week. Use equipment efficiency of 85% in all cases.

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Number of Machines Required A company has seven products that are processed through 13 types of machines. The table below gives the setup time (upper number) and the standard time (lower number) in hours/pc. Equipment #2 B &S Vertical Mill J & L Turret Lathe Spray Booth IMPCO Straightening Machine 7.5" National Forging Machine Cincinnati Centerless Grinder K & T Simplex Mill Barnes 4-Spindle Drill Lincoln Welder Arbor Press 13" x 28" South Bend Lathe 16" x 36" South Bend Lathe 101 Belt Grinder 0.553 0.017 0.535 0.059 0.785 0.083 0.111 0.009 102 0.888 0.095 0.180 0.066 0.060 0.080 0.055 0.033 0.074 0.095 Yearly Volume (pieces/year) 90000 30000 Economic Lot Size (pcs/setup) 250 250 103 0.595 0.098 0.670 0.017 104 105 106 107 0.858 0.098 0.638 0.017 0.137 0.018 0.892 0.720 0.083 0.071 0.511 0.098 600 0.400 0.044 0.106 0.089 200 0.307 0.060 0.080 0.038 0.877 0.062 0.173 0.041 0.257 0.008 300 0.430 0.260 0.059 0.009 14400 60000 6000 96000 21600 0.0167 0.063 200 0.309 0.042 0.630 0.072 1000 Determine the number of machines required in each type. The company plans to use a 40- hour week. Use equipment efficiency of 85% in all cases.
Transcribed Image Text:Number of Machines Required A company has seven products that are processed through 13 types of machines. The table below gives the setup time (upper number) and the standard time (lower number) in hours/pc. Equipment #2 B &S Vertical Mill J & L Turret Lathe Spray Booth IMPCO Straightening Machine 7.5" National Forging Machine Cincinnati Centerless Grinder K & T Simplex Mill Barnes 4-Spindle Drill Lincoln Welder Arbor Press 13" x 28" South Bend Lathe 16" x 36" South Bend Lathe 101 Belt Grinder 0.553 0.017 0.535 0.059 0.785 0.083 0.111 0.009 102 0.888 0.095 0.180 0.066 0.060 0.080 0.055 0.033 0.074 0.095 Yearly Volume (pieces/year) 90000 30000 Economic Lot Size (pcs/setup) 250 250 103 0.595 0.098 0.670 0.017 104 105 106 107 0.858 0.098 0.638 0.017 0.137 0.018 0.892 0.720 0.083 0.071 0.511 0.098 600 0.400 0.044 0.106 0.089 200 0.307 0.060 0.080 0.038 0.877 0.062 0.173 0.041 0.257 0.008 300 0.430 0.260 0.059 0.009 14400 60000 6000 96000 21600 0.0167 0.063 200 0.309 0.042 0.630 0.072 1000 Determine the number of machines required in each type. The company plans to use a 40- hour week. Use equipment efficiency of 85% in all cases.
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