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3 years ago

In _________, machines are designed to do multiple tasks so that they can produce a variety of products.

Business

2 answers:

zhenek [66]3 years ago

4 0

flexible manufacturing

DENIUS [597]3 years ago

3 0

Answering the question, in flexible manufacturing, machines are designed to do multiple tasks so that they can produce a variety of products.

A flexible manufacturing system (FMS) refers to a production technique that is developed to easily adjust to changes in the amount and types of product that is being manufactured

<h2>Further Explanation</h2>

It is an automated machine cell that is made up of different categories of processing workstations which are linked together with automated materials handling and storage.

A flexible manufacturing system can have a positive impact on production; it can also reduce a company's cost of production. A flexible manufacturing system can also be a major part of a build-to-order strategy whereby consumers can request to customize the product they desire.

This production method can be very expensive, buying and setting up the equipment that will perform such task will attract a higher upfront cost.

Also, humans are required to effectively control the operation of the flexible manufacturing system.

Some of the functions mainly performed by humans in this production method include

Replacing and settings the tools in the system
Offloading the finish parts from the manufacturing system
Placing the raw work parts into the manufacturing system and many more

The idea behind a flexible manufacturing system was developed by Jerome H. Lemelson.

LEARN MORE:

manufacturing brainly.com/question/13439850
manufacturing brainly.com/question/13184944

KEYWORDS:

flexible manufacturing
machines
production
automated machine
method

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3 years ago

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3 years ago

Smith Company makes and sells a single product called a Pod. Each Pod requires 1.4 hours of labor at a labor rate of $9.60 per h

Ganezh [65]

Answer:

Total direct labor costs= $295,680

Explanation:

Giving the following information:

Each Pod requires 1.4 hours of labor at a labor rate of $9.60 per hour.

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3 years ago

The trial balance for Lindor Corporation, a manufacturing company, for the year ended December 31, 2021, included the following

77julia77 [94]

Answer:

LINDOR CORPORATION

Statement of Comprehensive Income

For the Year Ended December 31, 2021

Particulars Amount

Sales revenue $2,700,000

Less: Cost of goods sold -$1,590,000

Gross margin $1,110,000

Less: Operating expenses:

Selling & administrative exp. -$431,000

Operating income (EBIT) $679,000

Other income (expenses)

Less: Interest expenses -$59,000

Income before income tax $620,000

Less: Income tax expenses -$155,000

Net income $465,000

Other comprehensive income (net of tax)

Gain on debt securities A $74,250

Comprehensive income B $539,250

Earnings per share A/B $0.24

Calculations of Gain on debt securities, net of tax:

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Less: Tax ($99,000 * 25%) -$24,750

Gain on debt securities net of tax $74,250

*Calculation of Earnings per share:

Earnings per share = Net income / Number of common shares outstanding = $465,000 / 1,900,000

= $0.24 per share

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2 years ago

(Inspired by the events in the Montreal cement market in 1966.) You are the CEO of Independent Cement (IC), and are considering

pychu [463]

Answer:

1) C.C. is currently selling at $ 12. So, if I.C.'s price is equal to C.C.'s it can sell to all the 400 customers. Hence, IC should keep the price at $12. The CC's price after price determination by IC will be $ 11 as doing so, CC will be able to sell to all 400 customers. Expected profits of IC will be as follows:

Sales =12 *400

Less : Marginal cost = 3*400

Expected profits = $ 3600

(2) If IC builds a small plant, then it can sell upto its capacity i.e. 100 units to 100 customers, if its price is no greater than IC. So IC can keep its price at $ 12. Expected profits of IC = 100 *12 less marginal cost i.e. 3*100 = $ 900.

As a result of above, CC will keep its price either 11 or 12.

Case 1( If CC's price is 11)

Expected profits = sales- marginal cost = 400* 11 - Marginal cost i.e. 4 * 400= 2800

Case 2 ( If CC's price is 12)

Expected profits = sales- marginal cost = 300* 12- Marginal cost i.e. 4* 300 =2400

So, CC's price would be $ 11 as it leads to maximisation of his profits

(3) The choice of size of plant will be dependent upon the profits and is driven by profit maximisation factor.

Case 1 ( If small plant is chosen)

Sales = 100 * 12

Less : Marginal cost = 100 * 3

Profits = $ 900

Case 2 ( If large plant is chosen, we should keep our price at 11 as CC would always keep the price at 11 , not 12 as it maximises its profit at 11)

Sales = 400 * 11

Less marginal cost : 3 * 400

Profits = 3200

Hence, large plant should be chosen

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3 years ago