A stamping plant must be designed to supply an automotive engine plant with sheet metal stampings. The

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A stamping plant must be designed to supply an automotive engine plant with sheet metal stampings. The plant will operate one 8hour shift for 250 days per year and must produce 15,000,000 good quality stampings annually. Batch size = 10,000 good stampings produced per batch. Scrap rate = 5%. On average it takes 3.0 sec to produce each stamping when the presses are running. Before each batch, the press must be set up, and it takes 4 hr to accomplish each setup. Presses are 90% reliable during production and 100% reliable during setup. How many stamping presses will be required to accomplish the specified production?
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