Answer:
The delivery cycle time was 26.9
Explanation:
The delivery cycle time is computed as:
Delivery cycle time = Wait time + Throughput time
where
Wait time is 13.6
The formula for computing the throughput time is as:
Throughput time = Move time + Process time + Queue time + Inspection time
where
Move time is 3.3
Process time is 2.7
Queue time is 7.0
Inspection time is 0.3
Putting values above:
Throughput time = 3.3 + 2.7 + 7.0 + 0.3
Throughput time = 13.3
Now, putting both the values above:
Delivery cycle time = 13.6 + 13.3
Delivery cycle time = 26.9
Answer:
Normal:
$ 3,509.7470
$ 563.7093
$ 2,000.00
Due:
$3,930.9167
$ 597.5319
$ 2,000.00
Explanation:
We solve using the formula for common annuity and annuity-due on each case:
(annuity-due)
<u>First:</u>
C 200.00
time 10
rate 0.12
Normal: $3,509.7470
Due: $3,930.9167
<u>Second:</u>
$563.7093
$597.5319
<u>Third:</u>
No interest so no time value of money the future value is the same as the sum of the receipts regardless of time or being paid at the beginning or ending.
1,000 + 1,000 = 2,000
Question:
A potato chip manufacturer purchases a potato farm. Which of the following regarding its strategy is true?
A. The manufacturer has effectively used vertical integration to increase its bargaining position and reduce transaction costs.
B. The manufacturer has enhanced utilisation by allowing depreciation and other fixed costs to be spread over a larger unit volume.
C. The manufacturer has sacrificed quality by using a lower-cost input.
D. The manufacturer has efficiently capitalised on the experience and learning-curve effects within the company.
E. The manufacturer has effectively reduced its operating costs by outsourcing its activities.
Answer:
A. the Manufacturer has effectively used vertical integration to increase it's bargaining position and reduce transaction costs.
Explanation:
Vertical integration is a business strategy whereby a business acquires ownership or controls its suppliers, distributors, or retail locations to control its value or supply chain.
It may also be said that vertical integration has to do with the purchase of a part of all of the production or sales process that was previously outsourced, to have it done in-house.
An example of companies who have done this are:
1. Apple
2. Netflix
3. Comcast (Which acquired NBC)
Businesses can integrate by
- purchasing their suppliers to reduce the costs of manufacturing or
- controlling the distribution process that is, owning and controlling the warehousing and delivery of their products etc.
