Homework Answers
| Total processing time in minutes per machine | |||||
| Product 1 | Product 2 | Product 3 | Product 4 | Total | |
| A | 16000*3=48000 | 12000*4=48000 | 6000*5=30000 | 30000*2=60000 | 186000 |
| B | 16000*4=64000 | 12000*4=48000 | 6000*6=36000 | 30000*2=60000 | 208000 |
| C | 16000*2=32000 | 12000*3=36000 | 6000*4=24000 | 30000*1=30000 | 122000 |
| Number of each machine needed and total purchasing cost | ||
| Working minutes per year | No. Of machines needed | Total purchasing cost |
| 250*10*60=150000 | 186000/150000=2 machines | 40000*2=80000 |
| 250*10*60=150000 | 208000/150000=2 machines | 30000*2=60000 |
| 250*10*60=150000 | 122000/150000=1 machine | 80000*1=80000 |
| TOTAL COST FOR EACH MACHINE | |||||
| Total tim in hrs | Cost per hr | Operating cost | Purchasing cost | Total cost | |
| A | 186000/60=3100 | 10 | 3100*10=31000 | 80000 | 31000+80000=111000 |
| B | 208000/60=3467 | 11 | 3467*11=38137 | 60000 | 38137+60000=98137 |
| C | 122000/60=2033 | 12 | 2033*12=24396 | 80000 | 24396+80000=104396 |
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