Problem 5-11 (Algo)A manager must decide which type ofmachine to buy, A, B, or C. Machine costs (perindividual machine) are as follows:MachineABCCost$80,000$70,000$40,000Product forecasts and processing times onthe machines are as follows:AnnualProduct Demand125,0002 22,000320,00049,000PROCCESSING TIME PERUNIT (minutes)AS335416Click here for the Excel Data FileU2462C a. Assume that only purchasing costs arebeing considered. Compute the totalprocessing time required for each machinetype to meet demand, how many of eachmachine type would be needed, and theresulting total purchasing cost for eachmachine type. The machines will operate 10hours a day, 250 days a year. (Enter totalprocessing times as whole numbers. Roundup machine quantities to the next higherwhole number. Compute total purchasingcosts using these rounded machinequantities. Enter the resulting totalpurchasing cost as a whole number.)ABCABCTotal processingtime in minutesper machine:219,200182,467135,200Number of each machine needed andtotal purchasing cost80,000 $70,000 $40,000 $270,000560,000200,000

Answered: A manager must decide which type of…

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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A manager must whether to buy machine A or B. Machine costs are as follows: A $52,000 each; B $100,000 each Product forecast and processing times on the machines are as follows Processing Time per unit (minutes) Product Annual Demand A B 1 8,000 2 18,000 3 10,000 Assume that only purchasing costs are being considered. Which machine would have the lowest purchase cost and how many of that machine would be need? Machines operate 8 hours a day 250 days per year. The machines differ in hourly operation costs. The A machines have an hourly operating cost of $12 each and B machines have an hourly operating cost of $30 each. What is the operating cost per year and which alternative should be selected to minimize total cost (for the first year) while satisfying the processing requirements? Edit Format Table 12pt v Paragraph v BIUA ev T?v||: MacBook Air esc 80 888 DII F1 F2 F3 F4 F5 F6 F7 FR @ # $ % 1 2 3 4 5 7 8. Q W E R T Y A S D F G < CO
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