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

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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