Question: A manager must decide which type of machine to buy, either A , B or C . Machine costs are as follows: Machine A $

A manager must decide which type of machine to buy, either A, B or C. Machine costs are as follows:
Machine
A $40000
B $60000
C $50000
Each machine will be used to produce 4 different Products. The forecasted demand and processing times on the machines are as follows:
Processing Time Per Unit (Minutes)
Product
Annual Demand
Using Machine A
Using Machine B
Using Machine C
1
24000
5
1
5
2
14000
3
6
3
3
9000
4
5
1
4
3000
5
6
3
Machines operate 10 hours per day, 250 days per year.
Compute the yearly processing time (in minutes) required for each of the different machines.
Machine A Processing Time =213000

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