Machine costs | Business & Finance homework help

a.

Assume that only purchasing costs are being considered. Compute the total processing time required for each machine type to meet demand, how many of each machine type would be needed, and the resulting total purchasing cost for each machine type.  The machines will operate 10 hours a day, 250 days a year. (Enter total processing times as whole numbers.  Round up machine quantities to the next higher whole number.  Compute total purchasing costs using these rounded machine quantities.  Enter the resulting total purchasing cost as a whole number.  Omit the “$” sign.)