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Olin [163]
3 years ago
15

A financial services firm routinely processes a large volume of account change requests. A Lean Six Sigma team wants to understa

nd the resources required to maintain a maximum target cycle time of 16 hours. When demand fluctuates, personnel can be reassigned temporarily to increase the rate of processing. If the normal processing rate is 2 per minute, what should the maximum items in process (queue) before reassigning resources?A) 16B) 32C) 120D) 960E) 1920
Business
1 answer:
Harrizon [31]3 years ago
3 0

Answer:

E) 1920

Explanation:

The computation of  the maximum items in process is shown below:

=  Number of maximum target cycle time ×  normal processing rate per minute × number of minutes in one hour

= 16 hours × 2 × 60 minutes

= 1,920

Simple we multiply the all items which are given in the question, so that the accurate value can come i.e maximum target cycle time, normal processing rate per minute and the number of minutes in one hour

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ou have $10,000 to invest in a stock portfolio. Your choices are Stock X with an expected return of 12.1 percent and Stock Y wit
aniked [119]

Answer:

$4,565.22 ; $5,434.78

Explanation:

Weight of X be “W” and Weight of Y be “1 - W”

Expected return = (Stock X × Weight of X) + (Stock Y × Weight of Y)

10.85% = (12.1% × W) + [9.8% × (1 - W)]

10.85% = (12.1% × W) + 9.8% - (9.8% × W)

2.3% × W = 1.05%

W = 45.6522%

Therefore, 1 - W = 54.3478%

Investment in Stock X = 10,000 × 45.6522%

                                     = $4,565.22

Investment in Stock Y = 10,000 - 4,565.22

                                     = $5,434.78

5 0
3 years ago
g In the Shaping Department of Crane Company the unit materials cost is $2.00 and the unit conversion cost is $1.50. The departm
3241004551 [841]

Answer:

$3,450

Explanation:

Step 1 : Equivalent units of production in work in process

Materials = 1,500 x 100 % = 1,500

Conversion Costs = 1,500 x 20 % = 300

Step 2 : Cost to be assigned to the ending work in process

Materials (1,500 x $2.00)      $3,000

Conversion (300 x $1.50)        $450

Total                                       $3,450

Conclusion

the total cost to be assigned to the ending work in process is $3,450.

3 0
3 years ago
Which of these is most likely an opportunity cost associated with joining the
tresset_1 [31]

Answer:

D. A smaller chance to pursue other interest.

Explanation:

Opprotunity cost is when you give up something to gain something else. So by joining the school choir you are giving up the opprotunity to pursue another elective such as Art or Science club.

Please mark brainliest or click the thanks button.

Yours truly!

8 0
3 years ago
Epic, Inc. recently lost a portion of its records. The following information was available from the accounting records.
Novay_Z [31]

Answer:  $55,600

Explanation:

Total Manufacturing Cost

= Direct Material + Direct Labor + Factory Overhead

Cost of Goods manufactured = Direct materials used + Work-in-Process Inventory, Beginning + Factory Overhead Applied + Direct Labor - Work-in-Process Inventory, Ending

Direct Materials = Cost of Goods manufactured - Work-in-Process Inventory, Beginning - Factory Overhead Applied - Direct Labor + Work-in-Process Inventory, Ending

= 57,100 - 10,500 - 11,500 - (1.4 * 11,500) + 9,000

= $28,000

Total manufacturing cost = 28,000 + ( 1.4 * 11,500) + 11,500

= $55,600

8 0
3 years ago
At Value Inc., there are specific steps to be followed when applying for a day off. First, an employee has to apply to his or he
Gnoma [55]

Answer:

<u>Procedures</u>

Explanation:

Procedures refer to protocols and guidelines to be adhered to while performing an act.

Those are management rules which determine management action. Procedures are carried out following certain set of rules which are commonly applicable. Procedures could be stringent at times.

In the given case, the employees in order to get something (leaves) from the management, have to follow a prescribed set of rules in a sequence which would lead to the desired outcome.

Though procedures could be cumbersome and time consuming, just like in the given case, those have to be followed and adhered to by an organization and it's people.

7 0
3 years ago
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