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signment 2: Ch 5-Homework Prob... Saved Help Save & Exit Submit a. Assume that only purchasing costs are being considered. Compute the total processing time required for each machine type to meet demand, how many of each machine type would be needed, and the resulting total purchasing cost for each machine type. The machines will operate 8 hours a day, 230 days a year. (Enter total processing times as whole numbers. Round up machine quantities to the next higher whole number. Compute total purchasing costs using these rounded machine quantities. Enter the resulting total purchasing cost as a whole number.) A B Total processing time in minutes per machine 143,000 122,000 155,000 C A Number of each machine needed and total purchasing cost 2 $ 80,000 2 $ 60,000 2 $ 160,000 B Buy 2 of the B machines. 2 of the C machines. signment 2: Ch 5-Homework Probl... 0 Saved Help Save & EX A manager must decide which type of machine to buy, A, B, or C. Machine costs (per individual machine) are as follows: Machine B Cost $40,000 $30,000 $80,000 Product forecasts and processing times on the machines are as follows: PROCCESSING TIME PER UNIT (minutes) 1 Annual Product Demand 1 10,000 2 11,000 3 9,000 4 13,000 A 3 5 5 1 B 1 5 2 3 NU 4 5 Click here for the Excel Data File a. Assume that only purchasing costs are being considered. Compute the total processing time required for each machine type meet demand, how many of each machine type would be needed, and the resulting total purchasing cost for each machine typ machines will operate 8 hours a day, 230 days a year. (Enter total processing times as whole numbers. Round up machine qe to the next higher whole number. Compute total purchasing costs using these rounded machine quantities. Enter the resul- total purchasing cost as a whole number.) Total processing time in minutes per machine 143,000 122.000 A B