answer.
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
Luda
9 days ago
13

It takes 3 minutes to load and 2 minutes to unload a machine. Inspection and packing times total 1 minute; travel between machin

es takes 2 minutes. Machines run automatically for 20 minutes. Operators cost $10 per hour; machines cost $30 per hour. Document all answers completely.
a) What is the ideal machine assignment
b) If three machines are assigned to an operator, what is the duration of the repeating cycle? Will any machine of operator experience idle time, if so how long?
c) What is the cost per unit produced if three machines are assigned to an operator?
Business
1 answer:
soldi70 [3.4K]9 days ago
0 0
(a) The optimal machine assignment time is 7 minutes. (b) The duration of a complete cycle is 25 minutes. There will indeed be 7 minutes of idle time for the operator. (c) If an operator is assigned three machines, the cost per unit produced amounts to $13.88 per unit. To elaborate, loading takes 3 minutes, unloading lasts 2 minutes, while the runtime is 20 minutes. The time spent on inspection and packing takes 1 minute. The operator's wage is $10 per hour, and machine cost is $30 per hour. Ideal machine assignment can be calculated via machine cycle time divided by the operator time per machine. The machine cycle includes run, load, and unload time, which sums to 25 minutes. The time contribution per machine is 6 minutes, resulting in an ideal machine assignment of 25 ÷ 6 = 4.17, indicating the assignment of four machines to an operator is suboptimal, leading to idle time. The complete cycle takes 25 minutes. Idle operator time is calculated as cycle time minus the operational contributions of the machines assigned, culminating in 7 minutes of idle time. The total cost of each unit produced comes from combining operator costs with machine costs, multiplied by cycle time adjusted for hours, resulting in $13.88 per unit.
You might be interested in
A chain of dry-cleaning outlets wants to improve its operations by using data from devices at individual locations to make real-
Scilla [3553]

Response: edge computing

Clarification:

Edge computing denotes an open and decentralized IT structure that features decentralized processing capabilities and Internet of Things (IoT) technologies.

Data is processed locally by the device or server rather than being sent to a data center. This paradigm helps to position data storage and computations closer to their sources, thus conserving bandwidth and enhancing response times.

Given that the business seeks to enhance its operations by leveraging data from devices at specific locations for real-time service adjustments, the technology it would integrate with its existing Cloud solutions is edge computing.

6 0
25 days ago
HElP PLEEEASE!!
soldi70 [3444]
36.) A
37.) uncertain, possibly D
40.) A
8 0
1 month ago
Read 2 more answers
A recent income statement of McClennon Corporation reported the following data:
stepan [3272]
The right answer is b. The output units sold totaled 8,000. The sales revenue reached $9,600,000. Variable costs stand at $6,000,000, with fixed costs amounting to $2,600,000. The product's price is $1,200. Average variable cost calculates to $750. Profit calculation results in TR - TC, hence Profit = $1,270,000 = $1,200Q - $750Q - $2,600,000. Resulting in $3,870,000 = $450Q, thus Q is 8,600 units.
7 0
14 days ago
Suppose that Taggart Transcontinental currently has no debt and has an equity cost of capital of 10%. Taggart is considering bor
arsen [3236]

Answer:

Option (D) is the right choice.

Explanation:

According to the Modigliani-Miller proposition, the cost of equity will adjust in a way to accommodate its debt obligations.

Cost of equity:

= WACC for an all-equity firm + (WACC for an all-equity firm - Cost of debt ) × (Debt-to-equity ratio)

Initially, when no debt was present,[ [TAG_20]]

WACC = cost of equity = 10%

The levered cost of equity:

= 10% + ( 10% - 6%) × 0.2

= 10.8%

Thus, Taggart's levered cost of equity would be approximately 11%.

8 0
23 days ago
Ellen co. has offered their customers a 1% discount off the amount owed if they pay within 15 days of receiving their bill. hand
harina [3546]
In this scenario, the handler company receives a $21.85 discount (1% of the amount borrowed) for settling their payment within 15 days. Consequently, rather than sending the full sum of $2,185 to Ellen Co., they will only remit $2,163.15, which is $21.85 less than the initial amount due, taking advantage of the 1% discount.
3 0
1 month ago
Other questions:
  • McDonald's conducts a value chain analysis of Burger King and discovers that Burger King's logistics and procurement of inputs a
    15·1 answer
  • Your firm has preferred stock outstanding that pays a current dividend of $2.00 per year and has a current price of $21.50. Curr
    8·1 answer
  • Part U16 is used by Mcvean Corporation to make one of its products. A total of 13,000 units of this part are produced and used e
    12·1 answer
  • Cost pressure from international competitors pushes companies toward greater scale and efficiency. But some products must also m
    7·1 answer
  • Sherburne Snow Removal's cost formula for its vehicle operating cost is $2,510 per month plus $371 per snow-day. For the month o
    15·1 answer
  • Elysha has a monthly gross income of $3,000 and a monthly debt load of $500. How can her debt-to-income ratio be classified?
    8·1 answer
  • Emma, a 70-year-old widow living alone, has a fixed income of $11,000 per year from social security. If the local option homeste
    11·1 answer
  • Mark and susan, a recently married couple with full?time jobs, set a goal of putting $200 in savings every month to make a down
    13·1 answer
  • Mike Village sold $1,000,000 of general obligation bonds on October 1, 2018, maturing at the rate of $100,000 every 6 months sta
    5·1 answer
  • Copperhead Trust has the following classes of​ stock: LOADING...​(Click the icon to view the​ data.) Read the requirementsLOADIN
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!