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ExtremeBDS [4]
3 years ago
7

Schurz Corporation's management reports that its average delivery cycle time is 24 days, its average throughput time is 14.0 day

s, its manufacturing cycle efficiency (MCE) is 0.20, its average move time is 0.5 day, and its average queue time is 3.0 days.
Required:
a) What is the Wait Time?
b) What is the Process Time?
c) What is the Inspection Time?
Round your answer to 1 decimal place.
Business
1 answer:
Yuliya22 [10]3 years ago
3 0

Answer:

Consider the following calculations

Explanation:

Answer a.

Delivery Cycle Time = 33.0 days

Throughput Time = 15.0 days

Delivery Cycle Time = Throughput Time + Wait Time

33.0 = 15.0 + Wait Time

Wait Time = 18.0 days

Answer b.

MCE = 0.32

Throughput Time = 15.0 days

MCE = Process Time / Throughput Time

0.32 = Process Time / 15.0

Process Time = 4.80 days

Answer c.

Throughput Time = Process Time + Inspection Time + Move Time + Queue Time

15.0 = 4.80 + Inspection Time + 0.4 + 7.0

Inspection Time = 2.8 days

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Midlands Inc. had a bad year in 2016. For the first time in its history, it operated at a loss. The company’s income statement s
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Answer:

BEP 2016: $ 1,700,000

BEP 2017:

under proposition a)

contribution margin:

(2,310,000 * 1.25 - 924,000) / 2,310,000 * 1.25 = 1,500,000

under porposition b)

fixed cost decrease by: 197,000 - 40,000 = 157,000

contribution margin decrease by 5% to 55%

(1,020,000 - 157,000) / (0.6 - 0.05) = 1,569,090.90

under proposition c)

We distrubute the same cost but now 50% is fixed and 50% variable:

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2,310,000 - 927,000 = 1,383,000

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Explanation:

Break even point formula:

\frac{Fixed\:Cost}{Contribution \:Margin \:Ratio} = Break\: Even\: Point_{dollars}

Where:

\frac{Contribution \: Margin}{Sales \: Revenue} = Contribution \: Margin \: Ratio

Sales \: Revenue - Variable \: Cost = Contribution \: Margin

Sales: 2,310,000

Variable cost: 924,000

Contribution: 2,310,000 - 924,000 = 1,386,000

Contribution ratio: 1,386,000 / 2,310,000 = 0.6

Fixed cost: 1,020,000

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6 0
3 years ago
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