Steel City Juice is a local company that makes two kinds of juice: orange juice and apple juice. Demand for orange juice is 60 barrels/hr, while demand for apple juice is 40 barrels/hr. The company only has one machine to extract juice from raw fruit. The machine can extract orange juice at a speed of 150 barrels/hr, or apple juice at 120 barrels/hr. Switching from one type to the other requires 30 minutes cleanup time. a. Please provide a production schedule and an associated process flow diagram that
1. cycles repeatedly through the two kinds,
2. meets the required demand, and
3. minimizes the amount of inventory held. (Here it is assumed that the production machine runs 24 hours a day, 7 days a week)

b. What is the maximum inventory level of orange juice?

Lo.2, 3, 9 lori, who is single, purchased 5-years class property for $200,00 and 7-years class property for $420,000 on may 20, 2018. lori experts the taxable income derived form the business (without regard to the amount expensed under ⧠179) to be about $550,000. lori has determined that she should elect immediate ⧠179 expensing in the amount of $520,000, but she doesn’t know which asset she should completely expense under ⧠179. she does not claim any available additional first-year depreciation. a. determine lori’s total cost recovery deduction if the ⧠179 expense is first taken with respect to the 5-year class asset. b. determine lori’s total cost recovery deduction if the ⧠179 expense is first taken with respect to the 7-year class asset. c. what is your advice for lori? d. assume that lori is in the 24% marginal tax bracket and that she uses ⧠179 on the 7-year asset. determine the present value of the tax savings from the depreciation deductions for both assets. see appendix g for present value factors, and assume a 6% discount rate. e. assume the same facts as in part (d), except that lori decides not to use ⧠179 on either asset. determine the present value of the tax savings under this choice. in addition, determine which option lori should choose. f. present your solution to parts (d) and (e) of the problem in a spreadsheet using appropriate microsoft excel formulas. e-mail your spreadsheet to your instructor with a two-paragraph summary of your findings.