Question: Please help explain the following problem in excel that was given for a study guide. Thank you! 'i. Sturgill Manufacturing Inc. needs to predict the

 Please help explain the following problem in excel that was given

Please help explain the following problem in excel that was given for a study guide. Thank you!

for a study guide. Thank you! 'i". Sturgill Manufacturing Inc. needs topredict the numbers of machines and employees required to produce its planned

'i". Sturgill Manufacturing Inc. needs to predict the numbers of machines and employees required to produce its planned production for the coming year. The plant runs three shifts continuously during the workweek. for a total of 120 hours of capacity per week. The shop efciency (the percent of total time available for production), which accounts for setups, changeovers. and maintenance, averages "iii-fit: with a standard deviation of 5%, which reduces the weekly capacity. Six key parts are produced, and the plant has three different types of machines to produce each part. The machines are not interchangeable as they each have a specic function. The time to produce each part on each machine varies. The mean time and standard deviation (in hours) to produce each part on each machine are shown below: Mean Time Part Type Machine A Machine B Machine C 1 3.5 2.6 8.9 2 3.4 2.5 B 3 1 .3 3.5 1 2.6 4 2.4 5.3 1 2.5 5 4.2 4.3 28 E 4 4.3 23 Standard Deviation Part Type Machine A Machine B Machine C 0.15 0.12 0.15 0.15 0.12 0.15 3 0.1 0.15 0.25 0.15 0.15 0.25 0.15 0.15 0.54 0.15 0.15 0.5 The forecasted demand is shown below. Part Type Demand (Parts/Week) 42 18 3 6 6 6 Machines A and B require only one person to run two machines. Machine C requires only one person per machine. Develop a simulation model to deter- mine how many machines of each type and number of employees will be required to meet the forecasted demand. Use 200 trials for each data table and com- pute summary statistics only

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