Baker Manufacturing Company forecasts the following demand for a product (in thousands of units) over the next five years. Year 1 2 3 4 5 Forecast Demand 131 150 151 154 153 Currently the manufacturer has ten machines that operate on a two-shift (eight hours each) basis. Twenty days per year are available for scheduled maintenance of equipment. Assume there are 250 workdays in a year. Each manufactured good takes 24 minutes to produce. What is the effective capacity of the factory? Round your answer down to the nearest whole number and use this answer in subsequent computations. units/year Given the five-year forecast, how much extra capacity is needed each year? Round your answers to the nearest whole number. Year 1 2 3 4 5 Extra capacity needed (units) Does the firm need to buy more machines? If so, how many? When? If your answer is zero, enter "0". Round your answers up to the nearest whole number.
Baker Manufacturing Company forecasts the following demand for a product (in thousands of units) over the next five years. Year 1 2 3 4 5 Forecast Demand 131 150 151 154 153 Currently the manufacturer has ten machines that operate on a two-shift (eight hours each) basis. Twenty days per year are available for scheduled maintenance of equipment. Assume there are 250 workdays in a year. Each manufactured good takes 24 minutes to produce. What is the effective capacity of the factory? Round your answer down to the nearest whole number and use this answer in subsequent computations. units/year Given the five-year forecast, how much extra capacity is needed each year? Round your answers to the nearest whole number. Year 1 2 3 4 5 Extra capacity needed (units) Does the firm need to buy more machines? If so, how many? When? If your answer is zero, enter "0". Round your answers up to the nearest whole number.
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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Question
Baker Manufacturing Company forecasts the following demand for a product (in thousands of units) over the next five years.
| Year | 1 | 2 | 3 | 4 | 5 |
| 131 | 150 | 151 | 154 | 153 |
Currently the manufacturer has ten machines that operate on a two-shift (eight hours each) basis. Twenty days per year are available for
-
What is the effective capacity of the factory? Round your answer down to the nearest whole number and use this answer in subsequent computations.
units/year
-
Given the five-year forecast, how much extra capacity is needed each year? Round your answers to the nearest whole number.
Year 1 2 3 4 5 Extra capacity needed (units) -
Does the firm need to buy more machines? If so, how many? When? If your answer is zero, enter "0". Round your answers up to the nearest whole number.
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Question 1 of 7,
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Baker Manufacturing Company forecasts the following demand for a product (in thousands of units) over the next five years.
4.
Year
4 5
Forecast Demand
131
Currently the manufacturer has ten machines that operate on a two-shift (elght hours each) basis. Twenty days per year are available for scheduled
150
151
154
153
6.
maintenance of equipment. Assume there are 250 workdays in a year. Each manufactured good takes 24 minutes to produce.
7.
a. What is the effective capacity of the factory? Round your answer down to the nearest whole number and use this answer in subsequent computations.
66240
units/year
b. Given the five-year forecast, how much extra capacity is needed each year? Round your answers to the nearest whole number.
Year
1.
2
4
5
Extra capacity needed (units)
64760
83760
84760
87760
86760
C. Does the firm need to buy more machines? If so, how many? When? If your answer is zero, enter "0". Round your answers up to the nearest whole number.
Year
2.
4
Additional machines needed
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DEC
MacBook Air
5.
2.
3.
5.
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