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horsena [70]
3 years ago
8

Positively Rivet Inc. is a small machine shop that produces sheet metal products. It had one line dedicated to the manufacture o

f light-duty vent hood shells, but because of strong demand it recently added a second line. The new line makes use of higher-capacity automated equipment but consists of the same basic four processes as the old line. In addition, the new line makes use of one machine per workstation, while the old line has parallel machines at the workstations. The processes, along with their machine rates, number of machines per station, and average times for a lone job to go through a station (not including queue time), are provided below. Over the past 3 months, the old line has averaged 350 parts per day, where one day consists of one 8-hour shift, and has had an average WIP level of 400 parts. The new line has averaged 680 parts per eight-hour day with an average WIP level of 350 parts. Management has been dissatisfied with the performance of the old line because it is achieving lower throughput with higher WIP than the new line, Your job is to evaluate these two lines to the extent possible with the data provided and identify potentially attractive improvement paths for each line by addressing the following questions:
Compute rb, To, and Wo for both lines. Which line has larger critical WIP? Explain why.
Compute the best case and worst case performance benchmarks for the old and the new line.
Compare the performance of both lines to their corresponding practical worst case. What can you conclude about the relative performance of the two lines compared to their underlying capabilities? Is management correct in criticizing the old line for inefficiency?
If you were the manager in charge of these lines, what option would you consider first to improve the throughput of the old line? Of the new line?
Old Line
Process Rate per Machine (parts/hr) Number of Machines per station Time (minutes)
Punching 15 4 4.0
Braking 12 4 5.0
Assembly 20 2 3.0
Finishing 50 1 1.2
New Line
Process Rate per Machine (parts/hr) Number of Machines per station Time (minutes)
Punching 120 1 0.50
Braking 120 1 0.50
Assembly 125 1 0.48
Finishing 125 1 0.48
Business
1 answer:
Montano1993 [528]3 years ago
6 0

Answer:

Don't ask so many questions at the same time ok

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Irina18 [472]

The bundle that is going to maximize profit is going to be Late

<h3>How to find the bundle that would maximize profit</h3>

we have the net profit from early to be 7 + 5 = 12

We have the net profit from late to 6 + 10 = 16

We can see that the value for late is greater at 16 compared to that of the early.

Hence we can say that late has the greatest profit.

Next we have to solve for the profit that is made. This is the net profit.

The solution is given as 16 - 12 = 4

<h3>What is profit maximization</h3>

This is the process where by businesses would try to get the best output possible from the given inputs that they would use in the business. It goal is to be able to maximize the returns that they would make.

Read more on profit maximization here:

brainly.com/question/13464288

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8 0
2 years ago
The following information is for the Jeffries​ Corporation: Product​ A: Revenue ​$18.00 Variable Cost ​$14.00 Product​ B: Revenu
shusha [124]

Jeffries Corporation's Operating Income from the two products is <em>A. ​$35,000.</em>

The operating income is the difference between the revenue and operating costs (variable and fixed costs).

Data and Calculations:

                             Product A     Product B     Total

Revenue                 $18.00           $21.00

Variable cost            14.00              13.00

Contribution            $4.00             $8.00

Fixed costs                                                 $143,000

Total sales units                                            35,600

Sales mix                  3                        1               4

Sales units             26,700           8,900      35,600

Total contribution$106,800      $71,200  $178,000

Total fixed costs                                          143,000

Operating income                                      $35,000

Thus, the operating income is $35,000.

Read more: brainly.com/question/14815746

 

5 0
2 years ago
The incomes of trainees at a local mill are normally distributed with a mean of $1,100 and a standard deviation $150. what perce
FinnZ [79.3K]
In this problem we are given the mean of $1100, SD of $150 and x equal to $900. In this case, we need to use the z-score table to answer the problem: 
z = (x-mean)/sd
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z = -1.33
from z-table, the probability at the left of z= -1.33 is equal to 9.18%
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3 years ago
New greenbelt areas have been created to beautify the grounds around tampa power and light company. the greenbelt areas are an e
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The areas are an example of <span>a decrease in the price and an increase in the quantity of the firm's output.
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3 0
3 years ago
Read 2 more answers
Suppose that Dmitri, an economist from a research institute in Texas, and Frances, an economist from a public television program
posledela

Answer:

  • Difference in scientific judgements
  • A. Employers should not be restricted from outsourcing work to foreign nations.

Explanation:

The difference in opinion between these two is based on a difference between in scientific judgments because they believe that different things will happen in response to implementing a different form of taxes.

Regardless of what they think in the above regard, these economists are most likely to support the outsourcing of work if it is cheaper to do so because economists generally believe that the most efficient method of production should be undertaken.

4 0
3 years ago
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