Answer:
setup cost = $1.75
setup time = 2.625 min
Explanation:
given data
The firm operates for 250 days annually.
Annual demand is 22,000.
Daily demand is 88.
Daily production stands at 250.
Desired lot size is set at 63 (equivalent to 2 hours of output).
Holding costs are $40 per unit each year.
To determine
the setup cost and setup time
solution
The setup cost is calculated as
setup cost =
......................1
Here, Q represents the desired lot size, H is the holding cost, d denotes daily demand, D is annual demand, and p is the daily output.
Plugging in the values,
setup cost = 
setup cost = 
setup cost = $1.75
Next,
the setup time is given by
setup time =
....................2
setup time = 
setup time = 2.625 min
The force of positive energy and motivation significantly impacts behavior. A positive energy encompasses traits such as enthusiasm and optimism that individuals aspire to embody. Motivation functions as a method incentivizing individuals to cultivate positivity and effectively achieve their objectives. In this scenario, Daisy indirectly encouraged Derrick, instilling motivation through her upbeat dialogue, resulting in Derrick's renewed focus and productivity.
Answer: For an explanation, please refer to the explanation section
Explanation:
recording a journal entry for Patel Products selling a delivery van priced at $20,000 with accumulated depreciation totaling $18,000, while receiving $2,000 cash from the buyer, results in:
December 29, 2019
Account title----- Cash----------Debit $2,000
Account title----Accumulated Depreciation-----Debit $18,000.
Account title------Delivery Van ----Credit $20,000
The equipment's book value at the sale was $2,000, reflecting its original cost of $20,000 adjusted by the accrued depreciation of $18,000. Since Patel received the same $2,000 from the sale of the delivery van, there is no profit from the disposal.
Answer:
Part a:
Show the probability density function for the waiting times at Kroger, assuming they are exponentially distributed.
Solution:
Probability density function f(x) = (1/ )*e-x/ = (1/26)*e-x/26 (result)
Part b:
Calculate the probability that a customer waits between 15 and 30 seconds.
Solution:
0.2462
Part c:
Determine the probability that a customer must wait longer than 2 minutes.
Solution:
0.0099
Explanation:
All calculations are included.
Answer: $1,651
Explanation:
The sole cost associated with Internal failure is the expense for fixing the dog beds prior to sale, totaling $1,651.
The remaining costs fall into the following categories:
- Repairs for dog beds under warranty - External failure cost Seamstress training. -
- Prevention cost Wages of part-time inspector of products - Appraisal cost
- The cost of replacements provided to customers for defective dog beds - External failure cost
- Product liability insurance - External failure cost
- Inspection of sewing machines during routine maintenance - Appraisal cost Inspection of fabric and thread for defects -
- Appraisal cost