Complete Question:
You are considering the purchase of a new machine to help produce a new product line being introduced. The machine is expected to have a setup time of 10 minutes per batch and a processing time of 2 minutes per part. You plan to have batch sizes of 50 parts. The plant operates 8 hours per day.
What is the capacity of the machine in batches per day?
Answer:
The capacity of the machine in batches = 4 batches per day.
Explanation:
a) Data and Calculations:
Set up time per batch = 10 minutes
Processing time per part = 2 minutes
Batch sizes = 50 parts
Plant operation = 8 hours per day
b) Capacity in batches per day:
Total batch time = 10 + 50 * 2 = 110 minutes
Total minutes of operation per day = 8 * 60 = 480 minutes
Capacity in batches = 480/110 = 4.36 or approximately 4 batches
c) Each batch produces 50 parts with each part taking some 2 minutes and an additional batch setup time of 10 minutes, giving a total of 110 minutes per batch. Since there are some 480 (8 * 60) minutes available per day, it means that the entity can only run about 4 batches (480/110) per day. These 4 batches will consume a total of 440 minutes (110 x 4), leaving some 40 minutes as unutilized time.
Answer:
Projects A,B,C,D and E should be accepted
Explanation:
Based on the fact that each of the itemized projects has the same of level of risk as the company's existing assets, we suggest that the firm undertake those projects that gives a return rate which is above the current weighted average cost of capital of 10.5%
In essence,projects A,B,C,D and E should be accepted as they 12%,11.5%,11.2%,11% and 10.7% returns on investment respectively.
Projects F& G would be rejected on the premise that their rates of return are lower than what is currently obtainable in Midwest Water Works.
Answer:
A) its value proposition
Explanation:
A good brand value proposition should state all the benefits of your product or service since it is the promise that your brand (or company) is delivering to potential or current customers in order for them to purchase your product or service instead of the competition's.
<span>Operational management manages activities that are involved in creating value by producing goods and services and distributing them to customers.
</span>Effectiveness is a term used in operational management to describe using resources to create value by providing customers with goods and services that offer a better relationship between price and perceived benefits.
Answer:
It's Best to Pay Your Credit Card Balance in Full Each Month
Explanation:
Leaving a balance will not help your credit scores—it will just cost you money in the form of interest. Carrying a high balance on your credit cards has a negative impact on scores because it increases your credit utilization ratio.
