Question: need help with forecasting!! Baker Mamufacturing Company forecasts the following demand for a product (in thousands of units) over the next five years. Currently the
Baker Mamufacturing Company forecasts the following demand for a product (in thousands of units) over the next five years. Currently the manufacturer has six machines that operate on a two-shift (eight hours each) basis. Twenty days per year are avalable for scheduled maintenance of equipment. Assume there are 250 workdays in a year. Each manufactured good takes 20 minutes to produce. a. 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 b. Given the five-year forecast, how much Baker Mamufacturing Company forecasts the following demand for a product (in thousands of units) over the next five years. Currently the manufacturer has six machines that operate on a two-shift (eight hours each) basis. Twenty days per year are avalable for scheduled maintenance of equipment. Assume there are 250 workdays in a year. Each manufactured good takes 20 minutes to produce. a. 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 b. Given the five-year forecast, how much
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