You have a product line consisting of two types of computer bags. From your demand forecasting,...
You have a product line consisting of two types of computer bags. From your demand forecasting, you have calculated the following linear trend equations:
Computer Bag 1 = 1500 + 8000t
Computer Bag 2 = 3000 + 4000t
Where t is in terms of years
A computer bag production machine can operate at 2,000 hour/year.
For year 3, how many computer bags need to be produced?
Homework Answers
For year 3,
Computer Bag 1 required is 1500+8000*3= 25500
Computer Bag 2 required is 3000+4000*3= 15000
So total demand for bags in year 3 is 40500
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