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Lady_Fox [76]
3 years ago
13

Consider a four-step serial process with processing times given in the following list. There is one machine at each step of the

process, and this is a machine-paced process. bullet
Step 1: 25 minutes per unit bullet
Step 2: 15 minutes per unit bullet
Step 3: 30 minutes per unit bullet
Step 4: 20 minutes per unit Assuming that the process starts out empty, how long will it take (in hours) to complete a batch of 105 units?
Business
1 answer:
Bas_tet [7]3 years ago
6 0

Answer:

the hours after roundinf off = 54 hours

Explanation:

Solution :

The rate of system is defined by machine with largest time per unit i.e. bottleneck resource.

In this case, biottleneck is Step : 3 with time 30 min per unit.

So system requires 30 * 105 min = 30 * 105 / 60 hours = 52.5 hours at bottleneck.

time for first unit at Step 1 and 2 and for last unit at step 4 is - 25 + 15 + 20 - 60min - 1 hr.

So total time for system is 52.5 + 1 = 53.5 hours.

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Modern Railways Co. operates a cargo railroad service between New York and Boston. A train owned by Modern Railways derails due
Fittoniya [83]

Answer:

b. Special damages

Explanation:

Damages are remedies paid to claimants or plaintiffs as compensation for loss or injury caused by the defendant.

Special damages compensate the claimant for quantifiable monetary losses which can be either direct losses or consequential damages. For example the cost of replacement of damaged property is categorized as a direct loss and lost earnings relates to consequential damages.

The $100,000 worth of porcelain that was damaged is a direct loss which may be recovered by CraftCo under special damages.

3 0
3 years ago
Use the following scenario and data for all questions During lunch time, customers arrive at a postal office at a rate of per ho
ch4aika [34]

Answer:

Check the explanation

Explanation:

The assumptions in single-server queue theory include: -

  1.    Unlimited calling population may enter the queue
  2.    Arrivals occur randomly and are not dependent but average number of arrival does not change.
  3.    Single waiting line and arriving customers are patient customers who can wait in the queue before they can be served regardless of the length of the line.
  4.    Arrivals are serviced on a first come first served basis
  5.    Service time of one customer may vary from that of another customer.

Kindly check the attached images below to see the step by step explanation to the question above

8 0
3 years ago
An MRP system that is updated periodically to account for all changes which have occurred within a given time interval is called
Rudik [331]

Answer:

B) regenerative

Explanation:

A material requirements planning (MRP) system is used to merge several production activities into one single system that controls production and inventory. It's similar to ERP systems but it only focuses on the production area of a company. Using MRP systems enables production planning, scheduling, and control of production inputs (e.g. materials).

All MRP systems should be regularly updated in order to be efficient.

8 0
3 years ago
Jasper Company provided the following information for last year:
sdas [7]

Answer:                        

Explanation:

1.                                     Jasper Company

                                      Income Statement

                                                                                         

            Sales (280000 x $12)                                  $3360000

            <u>Less: Cost of goods sold</u>

            Add: Direct Material                   $180000

            Add: Direct Labor                       $505000

            Add: Manufacturing Overhead  <u>$110000</u>

            Cost of goods sold                                      <u>($795000)</u>

            Gross Profit                                                  $ 2565000

           <u>Less: Expenses</u>

           Selling expense                           $437000

           Administrative expense              <u>$854000</u>

          Total expenses                                               <u>($1291000)</u>

          Net income                                                     <u> $1274000</u>

Percentage of sales for each line item

Sales = 100%

Cost of goods sold: \frac{795000}{3360000} x 100= 23.7%

Selling expense : \frac{437000}{3360000} x 100 = 13%

Administrative expense: \frac{854000}{3360000} x 100 = 25.4 %

2. According to the income statement in requirement 1, the manager can control cost by outsourcing the product if it is cheaper to get it from a third party in order to cut/control cost of goods sold.

Manager can also try controlling the administrative expenses as they are taking a bigger proportion than any other cost/ expense.

7 0
3 years ago
A stock has an expected return of 12.2 percent, the risk-free rate is 6 percent, and the market risk premium is 10 percent. What
matrenka [14]

Answer:

Beta  = 0.62

Explanation:

<em>The capital pricing model establishes the relationship between expected return from a stock and its systematic  risk . The systematic risk is that which affects all players (businesses and firms) in the entire market, such risks are occassioned by changes in interest rate, exchange rate e.t.c</em>

<em>According to the model , the expected return is computed as follows</em>

E(r)   = Rf  + β(Rm-Rf)

Rf- risk -free rate, Rm-Rf - market premium

  E(r)     = 12.2%,  Rm-Rf  = 10,  β- ?

12.2 = 6%  + β× 10

10β = 12.2 -6

β=  (12.2-6)/10

     = 0.62

3 0
3 years ago
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