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Korolek [52]
3 years ago
10

DataSpan, Inc., automated its plant at the start of the current year and installed a flexible manufacturing system. The company

is also evaluating its suppliers and moving toward Lean Production. Many adjustment problems have been encountered, including problems relating to performance measurement. After much study, the company has decided to use the performance measures below, and it has gathered data relating to these measures for the first four months of operations. Compute the new throughput time and MCE.

Business
1 answer:
olchik [2.2K]3 years ago
4 0

Answer:

Explanation:

The complete question:

DataSpan, Inc., automated its plant at the start of the current year and installed a flexible manufacturing system. The company is also evaluating its suppliers and moving toward Lean Production. Many adjustment problems have been encountered, including problems relating to performance measurement. After much study, the company has decided to use the performance measures below, and it has gathered data relating to these measures for the first four months of operations.

Month

1 2 3 4

Throughput time (days) ? ? ? ?

Delivery cycle time (days) ? ? ? ?

Manufacturing cycle efficiency (MCE) ? ? ? ?

Percentage of on-time deliveries 78 % 73 % 70 % 67 %

Total sales (units) 2330 2230 2116 2036

Management has asked for your help in computing throughput time, delivery cycle time, and MCE. The following average times have been logged over the last four months:

Average per Month (in days)

1 2 3 4

Move time per unit 0.8 0.4 0.5 0.5

Process time per unit 3.4 3.2 3.0 2.8

Wait time per order before start of production 23.0 25.2 30.0 32.3

Queue time per unit 4.3 5.1 6.0 7.0

Inspection time per unit 0.6 0.9 0.9 0.6

Answer:

1. Compute the new throughput time.

2. MCE?

The answer has been attached as documents, please check through.

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Zanzabum

Answer:

The number of units that must be sold is A. 6,540 units

Explanation:

The number of units must be sold to meet the target profit figure are calculated by using following formula:

The number of units must be sold = (Total fixed cost + Targeted profit) / Contribution margin per unit.

Contribution margin per unit = Sales price per unit – Variable cost per unit = $154 - $99 = $55

The number of units must be sold = ($313,500 + $46,200)/$55 = 6,540 units

7 0
2 years ago
The lifetime of a certain type of battery is normally distributed with mean value 12 hours and standard deviation 1 hour. there
Phoenix [80]
In most cases for this type of questions you would have to use a calculator, since this is not a value that can be approximated. Do you have an inverse normal function on your graphical calculator?
3 0
3 years ago
Laurel, Inc., and Hardy Corp. both have 7 percent coupon bonds outstanding, with semiannual interest payments, and both are pric
cestrela7 [59]

Answer:

Laurel bond % change = -6.6%

Hardy bond % change = -16.3%

Explanation:

current bond price $1,000

interest rate 7%

Laurel bond matures in 4 years, 8 semiannual payments

Hardy bonds matures in 15 years, 30 semiannual payments

if market interest increases to 9%

Laurel bond:

$1,000 / (1 + 4.5%)⁸ = $703.19

$35 x 6.59589 (annuity factor, 4.5%, 8 periods) = $230.86

market price = $934.05

% change = -6.6%

Hardy bond:

$1,000 / (1 + 4.5%)³⁰ = $267.00

$35 x 16.28889(annuity factor, 4.5%, 30 periods) = $570.11

market price = $837.11

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3 0
3 years ago
You need to have $35,000 for a down payment on a house 5 in years. If you can earn an annual interest rate of 3.7 percent, how m
quester [9]

Answer:

$29,185.98

Explanation:

Compounding and discounting are the methods used to determine the relationship between present and future value.

Compounding is the method used to determine the future worth of an amount today while discounting is the method used to determine the present value of a future amount.

Both are related by

Fv = Pv(1 + r)^n

where Fv = future amount

Pv = present value

r = rate

n = time

Therefore,

35000 = Pv(1 +0.037)^5

Pv = 35000(1 +0.037)^-5

Pv = $29,185.98

You would have to deposit $29,185.98 to be able to make the down payment of $35,000 on a house in 2 years

6 0
3 years ago
Suppose the rate of return on a 10-year T-bond is 5.00% and that on a 10-year Treasury Inflation Protected Security (TIP) is 2.1
yaroslaw [1]

Answer:

2.06%

Explanation:

in order to determine the real risk free rate of return we can use the following formula:

real risk free rate = [(1 + T-bond yield - T-bond maturity risk premium) / (1 + inflation rate)] -1

real risk free rate = [(1 + 5% - 0.9%) / (1 + 2%)] -1 = (1.041 / 1.02) - 1 = 1.0206 - 1 = 0.0206 = 2.06%

5 0
3 years ago
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