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nalin [4]
4 years ago
10

Floor-On, Ltd., operates a line that produces self-adhesive tiles. This line consists of single-machine stations and is almost b

alanced (i.e. station rates are nearly equal). A manufacturing engineer has estimated the bottleneck rate of the line to be 2,000 cases per 16-hour day and the raw process time to be 30 minutes. The line has averaged 1700 cases per day, and the cycle time has averaged 3.5 hours. What would you estimate the WIP level to be
Business
1 answer:
Anit [1.1K]4 years ago
3 0

Answer:

The correct answer is 372 cases.

Explanation:

According to the scenario, the given data are as follows:

Average cases per day = 1,700

Total hours in one day = 16 hour

So, Average cases per hour = 1,700 ÷ 16 = 106.25 cases

cycle time = 3.5 hours

So, we can calculate the WIP level by using following formula:

WIP = Average cases per hour × cycle time

= 106.25 × 3.5

= 372 Cases ( approx.)

Hence, the WIP level is 372 cases.

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Conservatism implies that investors are too __________ in updating their beliefs in response to new evidence and that they initi
rewona [7]

Answer: d. slow; under react

Explanation:

Conservatism is simply when there is traditional beliefs in the society and opposition the individuals are opposed to rapid changes.

Conservatism implies that investors are too slow in updating their beliefs in response to new evidence and that they initially under react to news.

3 0
3 years ago
A ___________ is a consumer problem, need, or desire that a business could provide a solution for. A. Change or trend B. Company
miv72 [106K]

Answer:

C. Business opportunity

Explanation:

The opportunity is always derived from a need, problem or desire in the market.

7 0
3 years ago
Kate's 24-Hour Breakfast Diner menu offers one item, a $5.00 breakfast special. Kate's costs for servers, cooks, electricity, fo
REY [17]

Answer:

The correct answer is option c.

Explanation:

The price of Kate's breakfast special is $5.

The average variable cost is $3.95.

The average fixed cost is $1.25.

The average total cost

= $3.95 + $1.25

= $5.20

The price is not covering the average total cost but it is covering the average variable cost. The firm can continue operating in the short run but stop production in the long run.

6 0
3 years ago
The balance in the accumulated depreciation account represents the:
Vlad [161]
The balance in the Accumulated Depreciation account represents the amount to be deducted from the cost of the plant asset to arrive at its fair market value.
8 0
3 years ago
Company Q owns controlling shares of stock in companies A, B, C, and D. This is an example of a Pool Partnership Holding Company
MaRussiya [10]

Answer:

Holding

Explanation:

When a company or a share holder owns a share which is more than 50 percent share of the company in the market, than than individual or company has a controlling shares in the company.

This gives him the right of deciding the in the meetings of the shareholders and to take control of the company's direction.

Such is an example of a Holding company. A holding company does not produce or manufacture any goods or sell anything. It is a company which owns outstanding stock of other companies and forms a group of companies.

3 0
4 years ago
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