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A firm produces two products, Prod A and Prod B, using the same type of machines. The firm would like to determine capacity requirements for the next year. Processing times and forecast demands for the next year of each product are as follows:
ProductProcessing timeForecast demandProd A4 hours/unit700 unitsProd B2 hours/unit1,000 units
The firm operates 8 hours a day, 5 days a week, and 50 weeks a year. Changeover time from one product to another is negligible.
(a) What is the capacity requirement for the next year in terms of the number of production hours? hours
(b) What is the capacity requirement for the next year in terms of the number of machines? Answer with one decimal place (e.g., 10.2). machines
(c) Suppose you have chosen Prod A as the standard product. What is the capacity requirement for the next year in terms of the number of units of the standard product? units
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