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Jet001 [13]
3 years ago
11

The management of International Cookwares believes that delivery performance measures must be improved if the company is to main

tain its competitive edge. The following data are considered to be typical of the time to complete orders. Process time: 4 days Wait time to the start of production: 15 days Move time: 3 days Inspection time: 2 days Queue time during the production process: 8 days What is the manufacturing cycle efficiency? A. 12.5% B. 23.5% C. 76.4% D. 87.5%
Business
1 answer:
algol [13]3 years ago
8 0

Answer:

The manufacturing cycle efficiency is 23.53%.

Explanation:

Step 1 of 2

Throughput time includes process time of 4 days plus inspection time of 2 days plus move time of 3 days plus queue time of 8 days which gives throughput time of 17 days. The company’s product takes 17 days to pass through the manufacturing process.

Step 2 of 2

Calculation of manufacturing cycle efficiency.

Manufacturing cycle efficiency = Process time / Throughput time

= 4 days / 17 days

=23.53%

Thus, manufacturing cycle efficiency is 23.53%.

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Board Company has a foreign subsidiary that began operations at the start of 2017 with assets of 155,000 kites (the local curren
vovikov84 [41]

Answer:

a. The Board would report translation adjustment of <u>-$3,138</u>.

b. See the journal entries and explanation below.

c. Net translation adjustment is <u>-$1,138.</u>

Explanation:

a. Assume that the kite is this subsidiary's functional currency. What translation adjustment would Board report for the year 2017?

Note: See the attached file for the calculation of translation adjustment.

The board would report a negative (debit) translation adjustment of $3,138. That is,

Translation adjustment = -$3,138

b. Assume that on October 1,2017, Board entered into a forward exchange contract to hedge the net investment in this subsidiary. On that date, Board agreed to sell 200,000 kites in three months at a forward exchange rate of $0.76/1 kite. Prepare the journal entries required by this forward contract.

Board Company

Journal Entries

<u>Date            Account titles and Explanation         Debit ($)        Credit ($)  </u>

<u>01 Oct 17     (</u><em><u>No entry) </u></em><u>                                                                                    </u>

12 Dec 17     Forward contract                                   2,000

                     Translation adjustment (positive) (w.1)                    2,000

<em><u>              (To record forward contract change in the value to adjust translation adjustment.) </u></em><u>    </u>

12 Dec 17       Foreign currency (kites) (w.2)           152,000

                        Cash                                                                       152,000

<em><u>                       (To record 200,000 kites purchased at the spot rate of $0.76) </u></em>

12 Dec 17       Cash                                                  154,000

                         Foreign Currency (kites)                                      152,000

                         Forward contract                                                     2,000

<em><u>                          (To record 200,000 kites delivered, $154,000 received, and close the forward contract account.) </u></em>

Workings:

w.1: Translation adjustment = Number of kites agreed to sell in three months * (Agreed exchange rate on October 1, 2017 per kite - Exchange rate on December 1, 2017) = 200,000 * (0.76 - 0.75) = $2,000

w.2: Foreign Currency (kites) = Number of kites agreed to sell in three months * Agreed exchange rate on October 1, 2017 per kite = 200,000 * 0.76 = $152,000

c. Compute the net translation adjustment for Board to report in Accumulated Other Comprehensive Income for the year 2017 under this second set of circumstances.

This can be calculated as follows:

Net translation adjustment = Negative translation adjustment in part a + Positive translation adjustment in part b (i.e. w.1) = -$3,138 + 2,000 = -$1,138

Therefore, net translation adjustment is <u>-$1,138.</u>

Download xlsx
8 0
3 years ago
What are the required components of a database function? Check all that apply.
shtirl [24]

Answer:

=

D in front of the command

range

field

criteria

Explanation:

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An electronics manufacturer in Norway has developed a training program to train its support staff in foreign markets on the repa
AleksAgata [21]

Answer:

The correct answer is B) support services.

Explanation:

The main purpose of this model is to provide knowledge to collaborators so that they can provide the support service in the correct way. When any breakdown occurs in the electronic products, the buyer goes to the service centers recognized by the manufacturer in order to solve the problem with the product, for which it is necessary to train all the personnel looking for an effective and quality.

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Of the following sources, where might you expect to find biased information?
natka813 [3]
A...................
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What can you tell me about Google's Supply Chain Management ?(10 Marks)
Fiesta28 [93]

Answer:

The answer is below

Explanation:

With suppliers across over 60 countries all around the globe, Google continues to organize its supply chain quite efficiently.

Hence, Google’s supply chain management can be summarized in the following key points:

1. Getting reliable suppliers: Google ensures they work with trustworthy suppliers by conducting robust appraisal based on a variety of factors, such as country-specific risk, product-specific risk, suppliers' past records, supplier relationships, etc.

2. Suppliers code of conducting business: this involves social and environmental responsibility and as well as safe working conditions for suppliers' employees.

3. Effective Management of Suppliers Diversity: Google identifies and supports all forms of suppliers' community, regardless of countries, gender, age, disability status, or even sexual orientation of the suppliers. This implies that Google keeps respecting and valuing the contribution of every associated with its supply chain in any capacity.

4. Promoting Tools and Techniques to Supports Suppliers: Google prioritizes training and energy conservations, cost reductions, and product enhancement, for its suppliers, which contribute to easy access to clean and renewable energy.

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3 years ago
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