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Dmitry_Shevchenko [17]
4 years ago
9

Heedy Company is trying to decide how many units of merchandise to produce each month. The company policy is to have 20% of the

next month's sales in inventory at the end of each month. Projected sales for August, September, and October are 30,000 units, 20,000 units, and 40,000 units, respectively. The number of units that must be produced in September is a.28,000 units b.18,000 units c.22,000 units d.24,000 units
Business
1 answer:
AysviL [449]4 years ago
7 0

Answer:

Production= 24,000 units

Explanation:

Giving the following information:

The company policy is to have 20% of the next month's sales in inventory at the end of each month.

Sales:

September= 20,000

October= 40,000

To determine the number of units to be produced, we need to use the following formula:

Production= sales + desired ending inventory - beginning inventory

Production= 20,000 + (40,000*0.2) - (20,000*0.2)

Production= 24,000 units

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8 0
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In a command economy, how are the prices of goods and services determined?
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8 0
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Read 2 more answers
The Bijou Theater in Hermosa Beach, California, shows vintage movies. Customers arrive at the theater line at the rate of 100 pe
a_sh-v [17]

Answer:

<u>Task a: </u>

<u>What is the average customer time in the system?</u>

Answer: 30 seconds

<u>Task b:</u>

<u>What would be the effect on customer time in the system of having a second ticket taker doing nothing, but validations and card punching, thereby cutting the average service time to 20 seconds?</u>

Answer: 33.34 minutes

<u>Task c:</u>

<u>Would system waiting time be less than you found in b if a second window was opened with each service doing all three tasks?</u>

Answer: 16.67 minutes

Explanation:

<u>Task a:</u>

<u>What is the average customer time in the system?</u>

<u>Solution:</u>

Average customer time = 30 seconds per customer.

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Total time taken to attend customers = time per customer*total customers

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So, 100 customers are attended in 50 minutes.

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<u>Task b:</u>

<u>What would be the effect on customer time in the system of having a second ticket taker doing nothing, but validations and card punching, thereby cutting the average service time to 20 seconds?</u>

<u>Solution:</u>

If the average service time is reduced to 20 seconds, the customer time will reduce in the system.

For 100 customers, total time taken = 20*100 = 2,000 seconds or 33.34 minutes

Thus waiting time for the 100th customer has fallen from 50 minutes to 33.34 minutes.

<u>Task c:</u>

<u>Would system waiting time be less than you found in b if a second window was opened with each service doing all three tasks?</u>

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In this case, 100 customers will be divided into 1/3rd each i.e. 100/3 in each line.

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Thus, within 16.67 minutes the line would be serviced.

Therefore, System waiting time will be less than as calculated in b.

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