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e-lub [12.9K]
3 years ago
6

An automated car wash serves customers with the following serial process: pre-treat, wash, rinse, wax, hand dry. Each of these s

teps is performed by a dedicated machine except for hand-dry step, which is performed manually on each car by one of three workers. The steps of the process have the following process times:-pretreat: 1 minute per car-wash: 5 minutes per car-rinse: 2 minutes per carwax: 3 minutes per carhand dry: 8 minutes per cara. If the car was has a demand of 15 cars per hour, what is the flow rate of the process?b. if the car wash has a demand of 15 cars per hour, what is the utilication of the machine that performs the wax process?
Business
1 answer:
AveGali [126]3 years ago
5 0

a) 12 customers per hour is the flow rate of the process.

b)  if the car wash has a demand of 15 cars per hour 60 percent   is the utilization of the machine that performs the wax process.

<h3><u>Explanation:</u></h3>

a) The bottle neck which is the process of washing has a capacity of  12 number of cars as its minimum capacity. The flow rate is considered as the minimum capacity of the bottleneck. Thus, flow rate of the process will be 12 customers per hour.  

b) The utilization capacity can be calculated by dividing  flow rate by  the capacity of the process step.

Here the demand is 15 cars per hour. The calculated flow rate is 12 cars per hour.  The difference is 3.

Thus the capacity of the machine which performs the wax process will be  1 / 3 × 60 = 20 cars per hour.

Thus the utilization of this machine is 12 / 20 = 60 percent.

Utilization is the flow rate divided by the capacity of the process step.

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Your cousin has asked you to bankroll his proposed business painting houses in the summer. He plans to operate the business for
Sonbull [250]

Answer:

the annual rate of return is 15.24%

Explanation:

The computation of the annual rate of return is shown below:

Given that

NPER = 5

PV = -$15,000

PMT = $4,500

FV = $0

The formula is shown below:

= RATE(NPER,PMT,-PV,FV,TYPE)

AFter applying the above formula, the annual rate of return is 15.24%

6 0
3 years ago
11. If you want to have a return for your Final Portfolio (that is invested between Optimal Risky portfolio and Risk Free Securi
melamori03 [73]

Answer:

Answer is explained in the explanation section.

Explanation:

Note: First of all, this question is incomplete and lacks necessary data to calculate this question. However, I have found the similar question on the internet with complete data given. Additionally, I have shared that data as well in the attachment below for your convenience, Thanks.

Solution:

SD = Standard Deviation

Using utility function, E(R) = Rp - 0.005 x A x SD^{2} = 1.34 - 0.005 x 3x 4.06^{2}

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If the weight in the risky portfolio is let's say, "a" then,

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So,

E(R) = a x Rp + (1 - a) x Rf

1.093% = a x 1.34% + (1 - a) x 0.50%

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and 1 - a = 29.44% - weight in risk-free asset.

Similarly, if you want a return of 1.10%,

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5 0
3 years ago
g A review of Parson Corporation's accounting records found that at a volume of 146,000 units, the variable and fixed cost per u
Ganezh [65]

Answer:

The total cost is $1,796,600

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Fixed costs are costs that do not change with the change in the volume of good or service sols, but under certain circumstances, when the fixed cost is a direct cost, it can vary on a per unit basis.

Variable costs are costs that change with the change of the volume of goods or service.

Total number of units = 138,200

variable cost per unit = $8

Total variable cost = 8 × 138,200 = 1,105,600

Fixed cost per unit = $5

Total fixed cost = 5 × 138,200 = 691,000

Total cost = 1,105,600 + 691,000 = $1,796,600

4 0
3 years ago
Which of the following types of accounts do NOT require an adjusting entry?
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I think it is d. none are correct
6 0
3 years ago
EB13.
Harman [31]

Answer:

Journal entries to record the expenses incurred are given below.

Debit Factory Overhead Control Account      $ 1300

Credit Utilities bills account                              $  700

Credit Accumlated factory depreciation          $  400

Credit property tax payable                              $  200

Journal entries to record the allocation of overhead at the predetermined rate of $1.50 per machine hour are given below.

Debit WiP process account                                 $ 525

Credit Factory overhead applied account          $ 525

(1.5 * 350 (machine hours))

5 0
3 years ago
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