Answer:
Exact flow time in hours
13.64416 hours
% value added flow time = 0.3236
Explanation:
Hours to start = 3
Set up = 3 hours
Time spent cutting = 2 minutes
Time through cutting = 1 hour
Transfer = 3 hours
Time waiting for welding machine = 1 hour
Time for set up = 1 hour
Time waiting for pieces of batch = 0.6 hours
Time at welding machine = 0.65 minutes
Time to transfer to next department = 1 hour
To get the exact flow time we convert the minutes to hour
2 minutes to hour = 2/60 = 0.03333
0.65 minutes to hour = 0.65/60 = 0.01083
We sum up all of these hours
3+3+0.03333+1+3+1+1+0.6+0.01083+1 = 13.64416 hours
1.
13.64416 is the exact flow time in hours.
2.
Value added percentage of flow time
13.64416-13.6
= 0.04416
Percentage = 0.04416/13.64416*100
= 0.003236x100
= 0.3236%
Answer:
3M is the one of the most innovative companies which this world has ever seen.
Sticky Post-it-Notes, is the most important innovations of 3M.
Explanation:
3M is the most innovative organisation, ever, on the face of the earth. There are many innovative products 3M has invented; ranging from Scotchguard for your shoes protection, and Scotch Tapes for giving your shoes entirely a new look and feel, phone cases, skins for laptops etc.
Sticky Post-it-Notes, is the most important innovations of the 3M, which changes the many work-related and home-based methods which previously were used for saving and memorizing the information.
How Sticky Post-it-Notes got invented
One of the project team at 3M was working on making glue, the formula went wrong. On analysis, they came to know that they have invented a new kind of glue which is sticky, adhesive and at the same time it can be peel off from the surface as well, so, from here they reached towards a totally new type of product, which is known to today's world as Sticky Post-it-Notes.
Answer:
$229,890
Explanation:
The formula to compute the ending inventory is shown below:
= Cost of inventory + goods purchased from f.o.b. shipping point + goods sold at f.o.b. destination
= $185,000 + $24,080 + $20,810
= $229,890
We added the goods purchased and goods sold to the cost of inventory so that the accurate value of the ending inventory can come.
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