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LenKa [72]
3 years ago
6

If both the average flow rate and average flow time of a process are increased by 50%, the percentage change in the average numb

er of units in the process is:
(a) 125%

(b) 50%

(c) Cannot be determined

(d) 225%
Business
1 answer:
MrRissso [65]3 years ago
7 0

Answer:

The percentage change in the average number of units in the process is 125%.

Explanation:

Based on Little's law;

Average inventory = average flow rate * average flow time

Let  inventory  = I,  average flow rate = R and average flow time = T

Thus, I = R*T = RT

Now, Average flow rate and average flow time are increased by 50%

R' = R + 0.5R = 1.5R

T = T + 0.5T = 1.5T

So, inventory, I' = 1.5R*1.5T=2.25RT

Hence, the percentage change in the average number of inventory units in the process.

% change = I' - I = 2.25RT - RT= 1.25RT or 125%

Thus correct answer = 125%

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Assume Baldwin Corp. is downsizing the size of their workforce by 15% (to the nearest person) next year from various strategic i
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3 years ago
Consider consecutive processes A-B-C, where process A has a capacity of 20 units per hour, process B has a capacity of 25 units
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Answer:

The operation manager would want the inventory in front of process A based on the lean system.

Explanation:

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With the understanding gotten from the definition above, it then obvious from the narrative of the question that the process is consecutive. As such, follows a pattern of A to B to C and thus the level of integrity of process design achieved at A will be passed down to B and C.

This is the more reason why the operation manager will prefer to to want an inventory at A which is the primary point of start.

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The net realizable value of the inventory as of December 31, year 2, according to IFRS is <u>$75</u>.

<h3>What is net realizable value under IFRS?</h3>

Under the IFRS, inventories should be stated at the lower of cost and net realizable value. The net realizable value equals the selling price less the estimated costs of sale.

<h3>Data and Calculations:</h3>

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Replacement cost = $65

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Thus, the net realizable value of the inventory as of December 31, year 2, according to IFRS is <u>$75</u>.

Learn more about net realizable value at brainly.com/question/794345

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