Question: The table below shows information on the material cost demand and production hours for parts in a cylinder head machining plant. Five parts are to

The table below shows information on the material cost demand and production hours for parts in a cylinder head machining plant. Five parts are to be considered for an automated FMS for the plant. The parts were initially sourced from a vendor at a purchase prices given in the table below. Because of the proposed 2 shifts, the shop will be available 440 hours / month and charged at R1000 / hour. Part type Description 1 2 3 5 1. Purchase price (R) / unit 6000 2500 8000 2000 3000 4 2. Material cost (R) 600 500 100 800 900 3. Demand/month 80 70 60 50 30 4. Hours / unit 2 3 4 3 2 5. Savings / unit 6. Hours / month, p; 7. Savings / hour 8. Savings / month, si 9. si/pi Compute the missing values for savings/unit, Hours / month, Savings / hour, Savings / month and answer the following: 1. Savings / unit for part type 1 2. Savings / unit for part type 2 3. Savings / unit for part type 3 4. Savings / unit for part type 4 5. Savings / unit for part type 5 6. S1/P1 7. 52/P2
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