Question: ** I need help with the last question** I couldn't figure out use the same steps from previous post** Baker Manufacturing Company forecasts the following
** I need help with the last question** I couldn't figure out use the same steps from previous post**
Baker Manufacturing Company forecasts the following demand for a product (in thousands of units) over the next five years.
| Year | 1 | 2 | 3 | 4 | 5 |
| Forecast Demand | 106 | 123 | 125 | 128 | 127 |
Currently the manufacturer has six machines that operate on a two-shift (eight hours each) basis. Twenty days per year are available for scheduled maintenance of equipment. Assume there are 250 workdays in a year. Each manufactured good takes 22 minutes to produce.
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What is the effective capacity of the factory? Round your answer down to the nearest whole number and use this answer in subsequent computations.
units/year
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Given the five-year forecast, how much extra capacity is needed each year? Round your answers to the nearest whole number.
Year 1 2 3 4 5 Extra capacity needed (units) -
Does the firm need to buy more machines? If so, how many? When? If your answer is zero, enter "0". Round your answers up to the nearest whole number.
Year 1 2 3 4 5 Additional machines needed
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