1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
eduard
3 years ago
5

A manager wants to determine the number of containers to use for incoming parts for a kanban system to be installed next month.

The process will have a usage rate of 70 pieces per hour. Because the process is new, the manager has assigned an inefficiency factor of .15. Each container holds 40 pieces and it takes an average of 45 minutes to complete a cycle.
a-1. How many containers should be used? (Round up your answer to the next whole number.) Number of containers __________a-2. As the system improves, will more or fewer containers be required?*Fewer*More
Business
1 answer:
Gennadij [26K]3 years ago
6 0

Answer:

a. 1.51 containers

b. Fewer

Explanation:

The computations are shown below:

a. The number of containers would be

= Annual demand × time × (1 + inefficiency factor) ÷ holding pieces

= 70 × 0.75 × (1 + 0.15) ÷ 40

= 1.51 containers

The time is converted from minutes to hour i.e 45 minutes ÷ 60 minutes = 0.75

b. If the system improves, the fewer containers are required i.e 2 containers approximate because inefficiency factor got decreased

You might be interested in
A store purchases televisions from a factory for $\$$87.89 each. The store normally sells one of these televisions for 225$\%$ o
OverLord2011 [107]

Answer:

148.31

Explanation:

The normal price in dollars is (87.89)(2.25), and the 25% discount corresponds to multiplying this result by 0.75. Carrying out the arithmetic, the price is (87.89)(2.25)(0.75) = 148.31.

3 0
2 years ago
Read 2 more answers
Primara Corporation has a standard cost system in which it applies overhead to products based on the standard direct labor-hours
marysya [2.9K]

Answer:

See below

Explanation:

1. Predetermined overhead rate

= Total fixed overhead cost for the year / Budgeted standard direct labor hour

Predetermined overhead rate = $530,400 / 68,000

Predetermined overhead rate

= $7.8 per direct labor hour

2. i. Fixed overhead budget variance

= Actual fixed overhead - Budgeted fixed overhead

= $521,000 - $530,400

= $9,400 favourable

ii Fixed overhead volume variance

= Budgeter fixed overhead - Fixed overhead applied to work in process

= $530,400 - (66,000 × $7.8)

= $530,000 - $514,800

= $15,200 unfavorable

3 0
2 years ago
Judith puts $5000 into an investment account with interest compounded continuously. which approximate annual rate is needed for
Oxana [17]
In the question, continuously should be annually.

Solution:
Applicable formula is;
A = P(1+r)^n

Where;
A = Total amount after 30 years = $9,110
P = Amount invested = $5,000
r = Annual interest rate in decimals
n = Number of years = 30

Substituting;
9110 = 5000(1+r)^30
9110/5000 = (1+r)^30
1.822 = (1+r)^30
Taking natural logs on both sides;
ln (1.822) = 30 ln (1+r)
0.5999 = 30 ln (1+r)
0.5999/30 = ln (1+r)
0.019998 = ln (1+r)
Taking exponents on both sides
e^0.019998 = 1+r
1.0202 = 1+r
r = 1.0202 -1 = 0.0202 =2.02%

Therefore, annual interest rate should be 2.02%.
3 0
3 years ago
According to generally accepted accounting principles (GAAP), revenue is recognized as income when:
bogdanovich [222]

Answer:

the transaction is complete and the goods or services are delivered.

Explanation:

According to generally accepted accounting principles (GAAP), the revenue should be recognized when the goods or services are delivered and the transaction is completed in all respects.  

The revenue recognition principle applies when the revenue is realized or earned whether cash is received or not plus it also follows the accrual basis of accounting. Here, realizable means that customer received the product but the payment is made at the later date

4 0
3 years ago
Buying office space is ______________ in the long run-in comparison to leasing. Which is the correct answer?
Vedmedyk [2.9K]

Answer:

less expansive

Explanation:

i took the test. i got it right

5 0
2 years ago
Other questions:
  • Houghton Company has the following items: common stock, $1,600,000; treasury stock, $210,000; deferred income taxes, $250,000 an
    12·1 answer
  • The Assembly Department started the month with 78,000 units in its beginning Work in Process Inventory. An additional 254,000 un
    5·1 answer
  • Stream outflow is important to coastal landscapes because streams provide ________ to the coastal environment.
    6·1 answer
  • Energy Drink, Inc. has decided to launch a new energy drink that will have the fewest calories among its competitors. To underst
    8·1 answer
  • M Company has the following information available before recording the adjustment at the end of the year: Accounts Receivable $8
    15·1 answer
  • Which of the following is an example of a monetary policy?
    7·1 answer
  • PLEASE HELP!!!
    8·1 answer
  • The daily cost of producing pizza in New Haven is C(Q) = 4Q + (Q2/40); the marginal cost is MC = 4 + (Q/20). There are no avoida
    11·1 answer
  • Which stage of the consulting process describes when the consultant and client come to an agreement on what work will be accompl
    6·1 answer
  • For better inventory and distribution, employees should be educated on all of the procedures involved and should be given as muc
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!