Answer:
0.11 hour
Explanation:
According to the scenario, computation of the given data are as follow:-
Process time represents value added time = 1.7 hours
Throughput Time = Move Time + Queue Time + Process Time + Inspection Time
= 3.3 hour + 9.9 hour + 1.7 hour + 0.9 hour = 15.8 hour
Manufacturing Cycle Efficiency (MCE) = Value Added Time ÷ Throughput Time
= 1.7 hour ÷ 15.8 hour
= 0.11 hour
According to the analysis, the MCE was closest to 0.11 hour.
Answer:
Set and achieve high standards
Explanation:
Micca makes sure that all of her employees understand and follow through with the expectations set by the business and the technique for building positive customer relations that Micca uses is Set and achieve high standards.
This technique means that if a high enough standard is set and achieved by a business, then it will promote positive customer relations because the customers will be getting value for money.
Answer:
A. creating the company income statement.
Explanation:
The creation of the companie's income statement is not within the scope of an operation manager's role.
It is a function of the accounting department, and shows the financial position at a particular point in time. Income statements are prepared in relation to profit and loss that the company is making. It shows a snap-shot of financial position so that management can make informed business decisions.
Answer:
b. a proprietorship
Explanation:
A proprietorship -
It refers to the most simplest business form , where one can start or operate an business , is referred to as a proprietorship .
A sole proprietorship refers to the person , who can operate a business , and is responsible for any type of loss or debt , is referred to as a sole proprietorship .
Hence , from the given scenario of the question,
The correct option is b. a proprietorship .
Answer:
The financial advantage is $ 14 per batch
Explanation:
The computation of the financial advantage or disadvantage is as follows:
Particulars Cane Fiber Cane Juice
Sales Value after further processing $61 $67
Less:
Costs of further processing $13 $28
Benefit of Further processing $48 $39
Less : Sales value at split off point $29 $40
Net advantage (disadvantage) $19 ($1)
Now
Revenue
Industrial Fiber $61
Refined Sugar $67
Total revenue $128
Less : Expenses
Purchases from Framers $60
Crushing Costs $13
Processing fiber further $13
processing juice further $28
Total Expenses $114
Net profit from one batch $14
Hence, The financial advantage is $ 14 per batch
