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ANTONII [103]
3 years ago
9

A bank of 10 machines requires regular periodic service. Machine running time and service time are both exponential. what is the

optimal number of operators for this bank of machines
Business
1 answer:
marishachu [46]3 years ago
5 0

Answer:

hello your question lacks some details below is the complete question

A bank of 10 machines requires regular periodic service. Machine running time and service time are both exponential. Machines run for an average of 44 minutes between service requirements, and service time averages six minutes per machine

If operators cost $15 per hour in wages and fringe benefits and machine downtime costs $75 per hour in lost production, what is the optimal number of operators for this bank of machines?

A 1

B 2

C 3

D 4

E 5

Answer : 3 operators ( c )

Explanation:

number of machines = 10

machine run time for each = 44 minutes

service time = 6 minutes

cost of each operator = $15 per hour

loss during machine down time = $75 per hour

hence the optimal number of operators  

The total minutes the machine would work in a hour

= (60 - 6) * 10 = 540 minutes  

assuming we assign 180 minutes to each operator then each operator would cost = 15 * 3 = $45

for three operators that would be = 45 * 3 = $135

lost inquired during down time

= 6 minutes * 10 = 60 minutes  i.e the total cost inquired per hour = $75

hence 3 operators would be an optimal number of operators because the operators would work lesser hours and more efficiently as well

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A firm has a capital structure with $7 in equity and $1 of debt. The cost of equity capital is 0.16 and the pretax cost of debt
nlexa [21]

Answer:

0.147 or 14.7%

Explanation:

Equity (E) =$7

Debt (D) = $1

Cost of equity capital (Ce) = 0.16

Pretax cost of debt (Cd) = 0.08

Tax rate (r) = 0.3

The weighted average cost of capital of the firm is given by the following relationship:

WACC=\frac{E}{E+D}*C_e +\frac{D}{E+D}*C_d*(1-r)\\WACC = \frac{7}{7+1}*0.16 +\frac{1}{7+1}*0.08*(1-0.3)\\WACC= 0.14+0.007\\WACC =0.147 = 14.7\%

The weighted average cost of capital of the firm is 0.147 or 14.7%.

5 0
3 years ago
At December 31, Amy Jo's Appliances had account balances in Accounts Receivable of $309,000 and $600 (credit) in Allowance for U
MissTica

Answer:

Bad debt expense  $ 14.850

Explanation:

Initial Balance    

Accounts Receivable  $ 309.000  

Allowance for Uncollectible Accounts  $ 600  

Should be 5% of the Accounts Receivables    

Allowance for Uncollectible Accounts  $ 15.450

We must calculate the difference between the actual balance and the must be balance.

Adjustment entry

Bad debt expense  $ 14.850  

Allowance for Uncollectible Accounts  $ 14.850

END Balance    

Accounts Receivable  $ 309.000  

Allowance for Uncollectible Accounts  $ 15.450  

5 0
3 years ago
Which one of the following is NOT a fiduciary duty required of an agent? Disclosure Care Confidentiality Accounting Obedience Co
-Dominant- [34]

A limited power of attorney fiduciary duty required of an agent Disclosure Care Confidentiality Accounting Obedience Contrition Loyalty.

A fiduciary relationship is a role of belief, and the agent owes the principal the obligation of obedience, loyalty, disclosure, confidentiality, accounting, and reasonable care (old automobile).

Fiduciary duty is defined by means of Black's regulation Dictionary as “an obligation of extreme precise religion, belief, confidence, and candor owed by using a fiduciary (which includes an attorney or corporate officer) to the beneficiary (which includes a lawyer's purchaser or a shareholder); a responsibility to act with the highest degree of honesty and loyalty towards any other .

fiduciary obligation to someone else, the person with the duty must act in a way in order to gain someone else, usually financially. the individual that has a fiduciary duty is known as the fiduciary, and the individual to whom the responsibility is owed is referred to as the predominant or the beneficiary.

Learn more about fiduciary  here:brainly.com/question/17080270

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5 0
1 year ago
True or False: The LIFO Conformity Rule states that if the LIFO method is used for income tax purposes, it can not be used for f
elena-s [515]

Answer:

FALSE

Explanation:

The LIFO conformity rule requires taxpayers that elect to use LIFO for tax purposes to use <u>no method other than LIFO to ascertain the income, profit, or loss for the purpose of a report or statement to shareholders, partners, or other proprietors, or to beneficiaries, or for credit purposes</u>.

Hence the IRS requires that the same method for income tax purpose be used for financial statement purpose

6 0
3 years ago
Falcon Co. produces a single product. Its normal selling price is $29 per unit. The variable costs are $15 per unit. Fixed costs
Elan Coil [88]

Answer:

$11,760

Explanation:

The sales less the variable cost gives the contribution margin. The contribution margin less the fixed cost gives the net operating income/profit.

Without the new offer

Profit = 5000($29 - $15) - $20,900

= $70,000 - $20,900

= $49,100

For the new order a variable selling cost of $2 per unit would be eliminated, the contribution of the order will be

= 1680($20 - $15 + $2)

= 1680 * $7

= $11,760

This is the differential effect on profit.

5 0
3 years ago
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