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vovikov84 [41]
4 years ago
13

The Yum and Yee food truck near the business school serves customers during lunch hour by taking orders and making fresh batches

of stir-fry. Customers have only one choice during the lunch hour so that Y&Y can maximize the number of customers served. Assume that each customer places just one lunch order, and all lunch orders are the same size –one unit of stir-fry.
The stir-fry cooking works in this manner. First, one person cooks a batch of orders in a wok. The cooking depends upon the number of orders in the batch. The time to cook just one order is 3 minutes (including setup time). For each additional order in the batch, it takes 0.5 minutes more to cook. Thus, cooking two orders in a batch takes 3.5 minutes, cooking three orders takes 4 minutes, and so on.

The other process is bagging and accepting payments (done by a separate person), which takes 0.80 minutes per order.

If Yum and Yee operates with batch sizes of 4 units, what is their process capacity (in orders per minute)? (The accuracy should be of two digits after the decimal places.) Please include the explanation.
Business
1 answer:
vlada-n [284]4 years ago
8 0

Answer:

0.89 orders per minute

Explanation:

As per the data given in the question,

Batch size = 4 orders

Here, process 1 = cooking

process 2 = Bagging and payment accepting

Time taken to complete process 1 by cooking a batch of 4 orders

= 3 × 1 + 0.5 × 3

= 4.5 minutes

Time taken to complete process 2 by Bagging and payment accepting of 4 orders

= 0.80 × 4

= 3.2 minutes

Time in process 1 is greater than time taken in process 2

Since, process 1 is bottleneck operation So, it will decide the capacity of project. therefore,

Overall capacity = 4.5 minutes for 4 orders

Therefore number of orders = 4 ÷ 4.5

= 0.89 orders per minute

Hence, Process capacity = 0.89 orders per minute

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dezoksy [38]

Answer: Objective

Explanation:    

According to the given question, the company is only sets the main target on the basis of given requirement but does not provide any other details.

So, this organizational goals is known as the objective goals as it sets the main effective objective without providing any other details.

The main purpose of the objective goals is to developing the main policies related to sales and progress in an organization by setting the main aim of the company. Therefore, Objective is the correct answer.

4 0
3 years ago
A firm’s income statement included the following data. The firm’s average tax rate was 20%. Cost of goods sold $ 9,000 Income ta
Semmy [17]

Answer:

a. $12,000

b. $32,000

c. $17,000

Explanation:

The computations are shown below:

a.  Net income = (Income tax paid ÷ Tax rate) – Income tax paid    

Net income = ($3,000 ÷  20%) - $3,000    

                   = $12,000

b.  Revenues = Cost of goods sold + Income tax paid + Administration expense + Interest paid + Depreciation + Net income

= $9,000 + $3,000 + $4,000 + $2,000 + $2,000 + $12,000

= $32,000

3. EBIT = Net income + Interest expense + Taxes

= $12,000 + $2,000 + $3,000

= $17,000

8 0
3 years ago
If total change in cash = $44,000, net operating cash flows = $22,000, and net investing cash flows = ($13,000); then net financ
Mnenie [13.5K]

Answer:

Net financing cashflows are $ 35,000.

Explanation:

A company generates cashflow from three activities that are cash from operations , cash from financing activities and cash from investing activities. The company net cash flow is total of these above specified. So we can determine net financing cashflows from the equation given below.

<em>total change in cash = net operating cash flows + net investing cash flows + net financing cash flows</em>

net financing cash flows = $ 35,000

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8 0
3 years ago
A 480 item pencil and paper standardized test of 20 personality dimensions used in selecting managers, sales associates and lead
11111nata11111 [884]

Answer:

Hogan Personality Inventory

Explanation:

The Hogan Personality Inventory (HPI) is commonly used to predict job performance by measuring normal personality dimensions. It is specially used to measure certain specific traits and abilities: leadership and planning. It is based on the Five-Factor Model and was specifically developed for working adults in the business industry.  

It is part of the Hogan Assessment tests used to predict job performance.

6 0
3 years ago
The following credit sales are budgeted by Swifty Corporation:
Genrish500 [490]

Answer:

$458,000

Explanation:

April

$460,000 x .70 = $322,000

March

$520,000 x .2 = $104,000

February

$400,000 x .08 = $32,000

Addition of APRIL+MARCH+FEBRUARY

$322,000 + $104,000 + $32,000

= $458,000

Therefore the anticipated cash inflow for the month of April is $458,000

3 0
3 years ago
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