A batch plant composed of one fermenter and one separator makes a product that has processing times of 10 hours in fermenter and 3 hours in separator.
Develop a Gantt chart for the process.
If the average value (revenue – cash expenses) of a batch is $ 5,000, the plant operates 8000 hours/year, and fermenter costs 1 Million dollars while a separator costs 300K how many, if any, parallel units of each should be utilize? (You can assume minimum attractive rate to be 15% and take project life as 7 years).
What may be the new schedule shown as Gantt chart?