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1 year ago

The ________ layout's main objective is to equalize the task time for each station.

1 answer:

7 0

Equalizing task time for each station is the fundamental goal of the fixed position layout. The correct answer is option (d). Fixed position.

<h3>What is fixed position layout?</h3>

With a fixed-position arrangement, the product may stay put while personnel and equipment can move to it as needed. Ships, aircraft, and building projects are examples of products that cannot be moved that are often constructed utilising a fixed-position arrangement.

Facilities can be laid out in one of four ways: process, product, fixed-position, or cellular. Workflow is organised around the manufacturing process in the process layout. Fixed-Position Layouts need the personnel, materials, and equipment to go to the production area, and the equipment is typically left in place since it is either too costly or too complex to shift. Low fixed costs are a benefit of fixed-position layouts, whereas high variable costs are a drawback.

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Suppose people cannot tell for sure whether they will fall ill in any given year. High-risk people correctly perceive their chan

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The expected annual medical expenses of a high-risk person is $3000 per year while that of a low-risk person is $1000 per year.

The expected annual medical expenses of a high-risk person will be calculated as:

= Probability of falling ill × Expenses in case of illness

= 30% × $10000

= 0.3 × $10000

= $3000

The expected annual medical expenses of a low-risk person will be calculated as:

= Probability of falling ill × Expenses in case of illness

= 10% × $10000

= 0.1 × $10000

= $1000

It should be noted that in a situation where the individuals are risk neutral, the low-risk persons will not buy insurance as only the high-risk individuals will be expected to buy insurance.

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2 years ago

In the systems planning phase, a key part of the preliminary investigation is a feasibility study that reviews anticipated costs

omeli [17]

Answer:

a) True

Explanation:

The Planning Phase is the fundamental two-step process of understanding why an information system should be developed and creating a plan for how the project team will develop it. ... They decide whether it is advisable to proceed with the system development project.

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3 years ago

Given the acquisition cost of product z is $30, the net realizable value for product z is $27, the normal profit for product z i

vitfil [10]

Lcm requires to value inventory at the lower of acquisition cost or net realizable value.

Net realizable value = $27 - $1 = $26
Cost = $30

Therefore, it would be valued at $26

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3 years ago

Economists define "programmed spending behavior" as being spending that is frequent and is done with relatively little thought.

Alexandra [31]

Answer: D) buying coffee in the morning

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4 years ago

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Use the following information to prepare a multistep income statement and a classified balance sheet for Eller Equipment Co. for

Kryger [21]

Answer:

Eller Equipment Co.

Income statement

Particular Amount($) Amount ($)

Sales revenue 940,000

Less: Cost of good sold (595,000)

Gross margin 345,000

Operating expenses

Salaries expenses 122,000

Operating expenses 65,000

Warranty expenses 9,200

Un-collectible account expenses 45,000

Depreciation expenses 3,000

Total operating expenses (244,200)

Operating income 100,800

Non-operating expenses

Interest revenue 6,200

Interest expenses (36,000)

Gain on sale of equipment 19,000

Total non-operating items (10,800)

Net Income $90,000

Balance Sheet

Assets Amount$

Current Assets

Cash 41,000

Accounts receivable 108,000

Less: Allowance for doubtful (19,000) 89,000

accounts

Merchandise inventory 101,000

Interest receivable 3600

Prepaid rent 38,000

Supplies 6,500

Notes receivable 32,500

Total current assets 311,600

Property Plant and Equipment

Equipment 243,000

Less: Accumulated depreciation (66,000) 177,000

Land 95,000

Total property plant and equipment 272,000

Total Assets 583,600

Liabilities and Stockholder Equity

Current liabilities

Account payable 55,000

Unearned revenue 47,000

Warranties payable 6,500

Interest payable 6,000

Salaries payable 68,000

Total current liabilities 182,500

Long-term liabilities

Notes payable 160,000

Total long-term liabilities 160,000

Stockholders equity

Common stock 110,000

Retained earning 131,100

Total stockholders equity 241,100

Total liabilities and stockholders equity $583,600

Workings

Retained earning = Beginning retained earning + Net income - Dividend

= 61,100 + 90,000 - 20,000

= 131,100

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3 years ago

The​ ________ layout's main objective is to equalize the task time for each station.

The ________ layout's main objective is to equalize the task time for each station.