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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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Ethiopia has a GDP of $8 billion (measured in U.S. dollars) and a population of 55 million.
Anarel [89]

Answer:

Ethiopia = $146; Costa Rica = $2,250

Explanation:

The GDP per person, also known as GDP per capita is a very simple formula:

GDP Per Capita = Country's GDP / Country's Population

A) Ethiopia GDP Per Capita = $8,000,000,000 / 55,000,000

                                              = $146

B) Costa Rica GDP Per Capita = $9,000,000,000 / 4,000,000

                                                  = $2,250

4 0
3 years ago
Which of the following is a more attractive place to do business? Multiple Choice A nation that lacks democratic institutions A
antiseptic1488 [7]

Answer: A nation with a market-based economic system

Explanation:

Market economies are generally considered the best places to do business because the competitive nature as well as minimal Government interference gives companies the opportunity to make profits if they are efficient enough.

A company that lacks basic democratic institutions will be shunned because the Government can impose unilateral decrees that could be harmful to business and people would be unable to go against them. The same goes for a nation where economic activity is regulated by the state.

And a nation where the rule of law does not take precedence over business could lead to unfair competition so the Market based economy is the best to do business in.

3 0
3 years ago
"Although Alibaba is competing in the Internet services industry, it has improved its performance by focusing on innovation and
meriva

Answer:

the resource-based model.

Explanation:

Resource-based theory can be understood as one that guarantees a strategic and competitive advantage to an organization through its resources that cannot be imitated and replaced. In the case of Alibaba, its valuable resources that guarantee long-term competitive advantages for the company are the company's ability to offer a wide range of products with significant discounts in relation to competitors, facilities for shipping goods worldwide, etc.

8 0
2 years ago
Business analytics tools are used with data in the ________________ to gain insight and support decision making.
kenny6666 [7]

Answer:

Business

Explanation:

The extensive use of data and quantitative analysis to support fact-based decision making within organizations.

8 0
2 years ago
b. Merchandise purchases were $53,000 and $86,000 for March and April, respectively. Typically, 20% of total purchases are paid
Evgen [1.6K]

Answer:

$58,740

Explanation:

The computation of the cash paid is shown below:

For March month

= March purchase × remaining percentage

= $53,000 × 80%

= $42,400

For April month

= April purchase × given percentage ×  after applying cash discount

= $86,000 × 20% × 95%

= $16,340

So, the total amount of cash paid would be

= $42,400 + $16,340

= $58,740

Simply we multiply the monthly percentage with their percentage criteria

6 0
3 years ago
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