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Finger [1]
2 years ago
15

Consider a 5-step process for the National Corporation that includes cutting, drilling, stamping, welding, and painting. The cut

ting department has 6 machines that each process materials at a rate of 2 minutes per unit. Drilling has 6 machines that each process materials at a rate of 3 minutes per unit. Stamping has 6 machines that each process materials at a rate of 4 minutes per unit. Welding has 4 machines that each process materials at a rate of 2 minutes per unit. Painting has 2 machines that each process materials at a rate of 4 minutes per unit. What is the capacity of the entire five-step process in units per hour? Please enter your answer rounding down to the nearest completed unit.
Business
1 answer:
Amanda [17]2 years ago
6 0

Answer:

\large\boxed{\large\boxed{\text{The capacity of the entire five-step process is 30 units per hour}}}

Explanation:

The rate of production is determined by the slowest step or process.

Determine the rate of production of each step.

<em>1. The Cutting department has 6 machines that each process materials at a rate of 2 minutes per unit. </em>

  • rate = number of machines × rate of each machince

  • rate = 6 × 1 unit / 2 minute = 3 units / minute

<em>2. Drilling has 6 machines that each process materials at a rate of 3 minutes per unit. </em>

  • rate = number of machines × rate of each machince

  • rate = 6 × 1 unit / 3 minute = 2 units / minute

<em />

<em>3. Stamping has 6 machines that each process materials at a rate of 4 minutes per unit. </em>

  • rate = number of machines × rate of each machince

  • rate = 6 × 1 unit / 4 minute = 1.5 units / minute

<em />

<em>4. Welding has 4 machines that each process materials at a rate of 2 minutes per unit. </em>

  • rate = number of machines × rate of each machince

  • rate = 4 × 1 unit / 2 minute = 2 units / minute

<em>5. Painting has 2 machines that each process materials at a rate of 4 minutes per unit. </em>

  • rate = number of machines × rate of each machince

  • rate = 2 × 1 unit / 4 minute = 0.5 units / minute

Then, the fifth process, painting is the slowest process because it only can process 0.5 units per minute. This is the bottleneck. Even if the other processes worked faster, the production could not exceed the number of machines that can be painted per hour.

To find how many units can be painted or produced by hour multiply the rate by the number of minutes in one hour:

  • 0.5 units/min × 60 min/hour = 30 units / hour.

Therefore, the capacity of the entire five-step process is 30 units per hour.

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Kim placed an order with her broker for 800 shares of each of three IPOs being offered this week. Each of the IPOs has an offer
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Answer:

B. $3,251

Explanation:

Stock shares × Allocated price = Shares closing price

A 700 ×$ 29.15 =$20,405

B 430 ×33.86=$14,560

C 340× 36.43 =$12,386

Total $47,351

Stock shares × IPO price= Shares IPO price

A 700 ×$30=$21,000

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Total Profits $47,351-$44,100

=$3,251

Therefore Kim's total profit on these three stocks at the end of the first day of trading will be $3,251

8 0
2 years ago
Price floors and price supports set a minimum price below which a good or service cannot be sold. Minimum wage laws and agricult
Sergeu [11.5K]

Answer:

C. A surplus of agricultural goods

Explanation:

Un-intervened markets are at equilibrium where Market Demand = Market Supply. Market Supply curve is upward sloping, due to price - supply direct relationship. Market demand curve is downward sloping, due to price - demand inverse relationship. Both curves intersect at equilibrium.

Price floor is minimum mandated price by government, below which a good cant be sold in the markets. It is usually set above market price, to protect the interest of sellers. Eg : Minimum Support price, of agricultural goods, set for protecting interests of sellers (farmers) from volatile prices.

This mandate set artificially high price : leads to supply being more than demand, as supply is directly & demand is inversely related to price. So, supply > demand implies that agricultural goods are at surplus in markets.

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FIllmore Company began operations on Sept. 1 by purchasing $4,400 of inventory and $750 of cleaning supplies. During the month,
jarptica [38.1K]

Answer: $3,400

Explanation:

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= 0 + 4,400 - 1,800

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A firm engaging in efficient​ production, using current​ technology, ________ produce its current level of production with​ ____
insens350 [35]

Answer:

C.

Explanation:

Efficiency is manifested in the proper use of time, and resources for an intended purpose. Meaning, it is doing things right.

Production efficiency is based on a business's ability to produce the highest number of units of a good while using the least amount of resources possible.

Also, is the comparison of what is actually produced or performed with what can be achieved with the same consumption of resources (money, time, labor, etc.).

In this example, the firm has already meet the efficient point. It is not possible to produce the same level of production with less resources.

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I the united states what the youngest you can get a payng job not soemthing big like train conductoring but like at a little sho
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