Question: A manager needs to decide how many machine A's to buy. Each machine costs $60,000 each. Product forecast and processing times on machine A is

A manager needs to decide how many machine A's to buy. Each machine costs $60,000 each. Product forecast and processing times on machine A is given below. Product Annual Demand Processing Time per unit (minutes) 1 8,000 5 2 18,000 4 3 3 10,000 3 How many machine A's are needed and what is the total purchase cost? Machines operate 8 hours a day 250 days per year. The A machines have an hourly operating cost of $12 each. What is the total cost in year 1 for both purchasing and operating costs

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