Bleeding Edge Technologies makes surgical scalpels which are supplied to medical equipment suppliers in boxes. The weekly demand
for the scalpels from the distributors is 1000 boxes. The Bleeding Edge factory works two (2) 8-hour shifts daily, 5 days a week. In each shift the workers are given a 30-minute paid lunch break during which no production occurs. The takt time for scalpel boxes is: a. 6.72 minutes b. 4.5 minutes c. 4.8 minutes d. 6.3 minutes
There is total weekly demand for 1000 boxes. The production is assumed to be same as the weekly demand. The factory workers have two shifts for 5 days. The total hours which factory workers work every week is :
Management of the business is responsible for taking care of the performance of the business and comparing the present status of the business with the previous status, and sometimes with its competitors.
Owners of the business are the persons who are responsible for creating budgets and make various business-related decisions. These are done with the use of accounting information.
External stakeholders or shareholders are interested in buying shares of the company. They make their investment decisions by analyzing the various positions of the company after going through accounting information.
