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emmasim [6.3K]
3 years ago
5

This line consists of single-machine stations and is almost balanced (i.e. station rates are nearly equal). A manufacturing engi

neer has estimated the bottleneck rate of the line to be 1,000 fans per 20-hour day and the raw process time to be 50 minutes. The line has averaged 850 fans per 20-hour day, and the cycle time has averaged 2.8 hours. What would you estimate the WIP level to be
Business
1 answer:
olga nikolaevna [1]3 years ago
3 0

Answer:

119 fans

Explanation:

The computation of the estimated WIP is shown below:

= Average fans per hour × average hours

where,

Average fans per hour is

= 850 fans ÷ 20 hours

= 42.5 fans

And, the average hours is 2.8

So, the estimated WIP is

= 42.5 × 2.8

= 119 fans

We assume we have to find out the average estimated WIP level

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Smythe Co. makes furniture. The following data are taken from its production plans for the year. Direct labor costs $ 5,870,000
Elenna [48]

Answer:

$2.80 per chair

$2.25 per table

Explanation:

If cost is assigned at a rate based on direct labor hours, the total disposal cost for chairs and tables is, respectively:

D_c=\frac{254,000}{16,400+254,000}*\$630,000=\$591,789.94\\D_t=\frac{16,400}{16,400+254,000}*\$630,000=\$38,210.06\\

The respective disposal cost per unit is:

C = \frac{\$591,789.94}{211,000}=\$2.80/chair\\ T=\frac{\$38,210.06}{17,000}=\$2.25/ table

5 0
3 years ago
Read 2 more answers
What is a knowledge worker? What HRM changes can be expected in dealing with knowledge workers with respect to recruiting, selec
weqwewe [10]
<h2>Knowledge worker make difference by thinking in a variety of way.</h2>

Explanation:

Rather than regular worker who do manual work / routine work / physical work, Knowledge worker are those who always thinks in variety of ways to solve complex issues, create new products and take company in a different route of success which can be achieved with ease.

The HR should play a major role in motivating knowledge workers by,

  • providing flexible-timings
  • Provide additional allowances
  • Bonus on fixing complex issues / finding new products
  • Awards & other mode of appreciation on achievement
4 0
4 years ago
When a firm invests directly in a business or venture in another country, it is called ______.
pshichka [43]

When a firm invests directly in a business or venture in another country, it is called FDI.

A form of private equity financing known as venture capital (VC) is given by venture capital funds or organizations to startups, early-stage, and developing businesses that have been identified as having a high growth potential or that have already shown a high growth rate (in terms of number of employees, annual revenue, scale of operations, etc). These early-stage businesses are funded by venture capital firms or funds in exchange for equity, or ownership stakes.

In the hopes that some of the businesses they support will succeed, venture capitalists take on the risk of financing hazardous start-ups. Startups face a lot of uncertainty, and VC investments frequently fail.

Learn more about venture here:

brainly.com/question/28462236

#SPJ4

4 0
1 year ago
Supermarkets often offer a great deal on milk, beef or eggs to get customers into their stores, knowing many customers will then
Mama L [17]

 

Question: Supermarkets often offer a great deal on milk, beef, or eggs to get customers into their stores, knowing many customers will then purchase other items that have higher markups for the store. These supermarkets are using a _______________ pricing tactic.

The answer of the question: The supermarkets are using a leader pricing tactic. 

3 0
3 years ago
Gullett Corporation had $26,000 of raw materials on hand on November 1. During the month, the Corporation purchased an additiona
Lisa [10]

Answer:

debit to Raw Materials of $75,000

Explanation:

In this scenario, the journal entry to record the purchase of raw materials would include a debit to Raw Materials of $75,000. A debit is an entry recording a sum owed, listed on the left-hand side or column of an account. Therefore in accounting, since Gullet Corporation's purchase was for an "additional" $75,000 worth of raw material, they owe that money to the company and must make it up through sales that those materials should generate in the future. That is why it is recorded as a debit.

3 0
3 years ago
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