Answer:
(a) capacity=3.05hours
(b) utilisation percentage= 0.90 or 90%
(c) Average inventory=1.22
(d)Batch size of D700 is approximately equal to 7
Explanation:
(a)To calculate Capacity
=( Batch size) /(set up time + processing time)
= 12/ (32+17×12) = 12/236 minutes = (12/236) ×60 hours =
3.05 hours
(b)Capacity for assembly: = 113/6 = 18.8/minute = 60/18.8 = 3.19/hour as assembly takes 113 minutes per housing per worker and 6 workers are working at the moment Assembly time for batch of 12 housings = 12/3.19 hr = 3.77 hr CNC time for batch = 32+(17×12 )= 236 minutes = 3.93 hr Utilization of CNC: = (17*12)/60/3.766 = 0.902815 = 0
O.90 or 90%
(c)Average inventory = 1/2 ×batch size × (1-(capacity for assembly × 1/4))
= 1/2×12*(1-(3.186/4) = 1.22(Approximately)
(d)Total demand of all the housings = 0.4+0.5+0.6+0.7+0.8 = 3/hour
Setup time per housing = 32/60 hr = 0.53 hr
Setup time for 5 housings will be = 5×0.53 = 2.67 hr
The Processing time = 17/60 hr = 0.2833 hr
Total batch size = (2.67×3)/(1-3×0.2833) = 53.36
Batch size of D700 = 53.36*(0.4/3) = 7.11 = 7(approximately)
Answer:
$40773.49
Explanation:
Number of Years = 5
Interest Rate = 7.25%
Year 1 2 3 4 5
Deposit Amount 2250 8150 7675 6125 12345
FV factors @ 10% 1.32 1.23 1.15 1.07 1.00
FV of deposit <u>2976.95</u> <u>10054.25</u> <u>8828.23</u> <u>6569.06</u> <u>12345.00</u><u>
</u>
Total Amount at the end of 5 years = 2976.95 + 10054.25 + 8828.23 + 6569.06 + 12345
Total Amount at the end of 5 years = $40773.49
ANSWER:
Most small business ventures are in the low innovation/high risk category of the entrepreneurial strategy matrix.
~batmans wife
Answer:
The answer to this question is Option E. different evaluation and reward systems.
Explanation:
As a production manager, George is accountable for resource budgets that are highly sensitive to overtime pay rates. As a sales manager, Lucas needs to meet customer delivery schedules at all costs to avoid losing contracts that drive his commissions. The conflict that arises between these managers is the result of different evaluation and reward systems.