Answer:
2.64 minutes per cycle
Explanation:
Total work time = 367 minutes per day
Break time = 17 min*3 = 51 min
Lunch time = 60 min
Total time left = 367 - 51 - 60 = 256 min
Demand = 97 jobs a day
Takt time = Total production time available/Demand
Takt time = 256 / 97
Takt time = 2.639175257731959
Takt time = 2.64 minutes per cycle
Answer:
Since 20% of the goods of the next quarter need to be produced beforehand in the second quarters start there will already be a starting inventory of (0.2*26,000)=5,200
This means that in the second quarter to meet the the sales (26,000-5,200)=20,800 need to be produced
Also 20% of next quarters unit sales also needs to be produced in the second quarter so (0.2*30,000)=6000
Budgeted production in the 2nd quarter= 20,800+6,000=34,000
Explanation:
Answer:
The correct answer is A.
Explanation:
Giving the following information:
First quarter budgeted hula hoop sales in units
22,900
Second quarter budgeted hula hoop sales in units
80,000
Jolly Company wants to have 10% of the next quarter's sales in units on hand at the end of each quarter. Inventory at the beginning of the year was
3, 900 hula hoops.
Production 1st quarter:
Sales= 22,900 units
Ending inventory= (80,000*0.10)= 8,000
Beginning inventory= 3,900 (-)
Total porduction= 27,000 units
Answer:
A) the marginal buyer's willingness to pay for the 100th unit of the good is $25.
Explanation:
Microeconomics basically works on the margin, it studies marginal costs, marginal revenue, marginal prices, marginal demand, marginal supply, etc. The margin measures the effect of one additional unit: either sold, consumed, produced, etc.
In this case, the marginal price of the 100th unit of the good is $25, that means that a buyer (you can call him a marginal buyer) will be willing and able to pay $25 for that specific unit of the good.
That doesn't mean that the price of the good is constant, both the supply and demand of goods are curves, because the marginal demand constantly changes depending on the marginal price and the marginal utility produced by consuming the extra unit of the good. On the other hand, the marginal changes depending on the marginal costs of producing that good, and the marginal revenue expected to be earned by selling that additional unit.
