Answer:
Given: Total shift time = 8 hours = 8 * 60 = 480 minutes
time required for production of one saw = 6 minutes
Demand for Bow saw = Demand for frame saw = Demand for dovetail saw = 1/2 * Demand of Tenon saw
a) Mixed model schedule:
Mixed model schedule
Product no. per batch
Bow Saw 1
Frame Saw 1
Dovetail Saw 1
Tenon Saw 2
Total 5
Therefore 2 Tenon Saw, and each bow, frame, and dovetail saws will be produced before the cycle is repeated.
b) 2 Tenon Saw, 1 bow, 1 frame, and 1 dovetail saws will be produced under production sequence for one unit production.
The length of cycle will be 5*6=30 minutes i.e. the cycle will repeat once in 30 minutes for 8 hours means totally it will repeat 16 times during one shift.
c) Number of saws Swenson produce in one shift = Number of Bow saw Swenson produce in one shift + Number of Frame saw Swenson produce in one shift + Number of Dovetail saw Swenson produce in one shift + Number of Tenon saw Swenson produce in one shift
Explanation:
Answer:
A business may be constrained by a variety of licensure and other regulatory requirements, based on the industry and activities the business wants to pursue. For example, a lawyer must obtain a legal license in a particular state before he can open a practice in that state.
Answer:
d. $146.27
Explanation:
For computing the interest earned, first we have to calculate the future value which is shown below:
Future value = Present value × (1 + rate)^number of years
where,
Present value = $2,750
Rate = 5.25% ÷ 2 = 2.625%
Number of years = 1 year × 2 = 2 years
So, the future value
= $2,750 × (1 + 2.625%)^2
= $2,750 × 1.0531890625
= $2,896.27
Now the interest earned would be
= $2,896.27 - $2,750
= $146.27
Answer: Quality control
Explanation: Quality control refers to the process under which an organisation tries to keep the quality of their goods produced as per the market standards. This process is used to keep the customer base rigid and stable or to decrease the production cost by rectifying the errors.
In the given case, omega is planning to minimize production mistakes by making each department monitoring their performance.
Thus, we can conclude that managers are engaged in quality control.
Answer: Money has three primary functions. It is a medium of exchange, a unit of account, and a store of value: Medium of Exchange: When money is used to intermediate the exchange of goods and services, it is performing a function as a medium of exchange.
