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olya-2409 [2.1K]
2 years ago
6

Data Screen Corporation is a highly automated manufacturing firm. The vice president of finance has decided that traditional sta

ndards are inappropriate for performance measures in an automated environment. Labor is insignificant in terms of the total cost of production and tends to be fixed, material quality is considered more important than minimizing material cost. and customer satisfaction is the number one priority. As a result. production and delivery performance measures have been chosen to evaluate performance. The following information is considered typical of the time involved to complete and ship orders.
Waiting time:
From order being placed to start of production.
8.0 days
From start of production to completion
7.0 days
Inspection time
1.5 days
Processing time
3.0 days
Move time
2.5 days
Required:
1. Calculate the manufacturing cycle efficiency.
2. Calculate the delivery cycle time.
Business
1 answer:
Sedaia [141]2 years ago
4 0

Answer:

Answer:

1. MCE = 21.42%

2. Delivery Cycle Time 22 days

Explanation:

The Manufacturing Cycle Time is given by the formula:

Manufacturing cycle time = Inspection Time + Process Time + Move Time + Queue time

Here we have

Inspection time =1.5 days

Processing time =3.0 days

Move time =2.5 days

Queue time= 7.0 days

Wait time= 8.0 days

Manufacturing Cycle  Time = 1.5+3.0+2.5+ 7.0=  14.0 days

MCE= Manufacturing Cycle Efficiency Time= Process Time/ Processing Time + Inspection Time + Move Time + Queue time

MCE = 3/ 14=0.2142= 21.42%  

It means that MCE  consists of 21.42 %actual processing and 79 % consists of non value added activities.

2.  Delivery Cycle Time= Manufacturing Cycle  Time + Wait time

Delivery Cycle Time= 14.0 days + 8.0 days= 22.0 days

The difference between wait time and queue time is that wait time is the time when the customer places an order until it is delivered.And queue time from the start of the production of the order.

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jekas [21]

Answer: Number of months = 66.87 months

Explanation:

Given that,

Monthly Payment = $500

Interest rate(r) = 1.95% per month

Current Balance = $18,500

Number of months(t) = ?

Current\ balance = Monthly\ payment\times(\frac{1-present\ value\ factor}{r})

Current\ balance = Monthly\ payment\times(\frac{1-\frac{1}{(1+r)^{t}} }{r})

18,500 = 500\times(\frac{1-\frac{1}{(1+0.0195)^{t}} }{0.0195})

\frac{18,500}{500}\times0.0195=1-\frac{1}{1.0195^{t} }

\frac{1}{1.0195^{t}}=1-0.7215

1.0195^{t}=\frac{1}{0.2785}

1.0195^{t}=3.5906

Taking log on both side

t log(1.0195) = log(3.5906)

t = \frac{0.5551}{0.0083}

t = 66.87 months

6 0
3 years ago
Selma owns a roofing business. She enjoys being her own boss, but her satisfaction comes at a price. Her days are filled with or
Basile [38]

Answer:

D. Sole proprietorship.

Explanation:

We know it's definitely is a sole proprietorship because of 'unlimited personal liability' which is a key characteristic.

Selma's business is not a joint venture because she is the only person who invested and runs the business whereas a joint venture is created by two or more entities or 'shared ownership'

Nor is it a corporation for this is an 'organization' owned and manned by many people but is regarded as a single entity. Neither is her business an s corporation because that just the same as a corporation but just with different tax regulations.

3 0
3 years ago
Bad Brads BBQ purchased a piece of equipment by paying $5,000 cash. They also incurred a shipping cost of $400 to get the equipm
rodikova [14]

Answer:

The $5,400 is the amount should Bad Brads BBQ record the equipment.

Explanation:

According to the Generally Accepted Accounting Principles (GAAP), the amount of asset is recorded at cost or fair market value which ever is lower.

The motive behind this is to present the financial statement in true and fair value rather than mislead values.

Since in the given question, the equipment purchase cost is $5,000 and shipping charges is $400.

So,

The total cost is = Purchase cost + shipping charges

                          = $5,000 + $400

                          = $5,400

And, the fair market value is $7,000.

By using the above explanation, the $5400 is the lesser amount than the $7,000.

Hence, the $5,400 is the amount should Bad Brads BBQ record the equipment.

5 0
3 years ago
HUD, Co. had a beginning retained earnings of $29,825. For the year, the company had net income of $6,540 and paid dividends of
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Answer:

$38,265

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Beg RE = $29,825

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Minus Dividends = ($2550)

Plus New Stock = $4450

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6 0
2 years ago
A few typos on a cover letter normally do not affect your chances of getting hired.
DENIUS [597]
B. False, the employer is looking to hire the people with the most eye catching and outstanding application, if you have an application in that doesn't have all the information on it or forgetting to capitalize your name could make them pass right over your application and go back to it if they have any open spots.

7 0
3 years ago
Read 2 more answers
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