Greetings from MrBillDoesMath!
The answer is:
669/221
Discussion:
The ratio of 669 to 221 equals 669/221. Observing the factors, 669 is 3 * 223 and 221 is 13 * 17. As all these factors are distinct primes, nothing cancels in their ratio. Thus, 669/221 remains in its simplest form.
Response:
The Work In Progress (WIP) limit is set at 0.50 days.
Detailed explanation:
Calculating WIP limits:
first, it is essential to determine the efficiency of the process and procedure, which can be calculated as follows:
Value Added Time = 12 days (arrival time)
Non-Value-Added Time = 12 days (departure time)
Efficiency = Value Added / (Value Added + Non-Value Added)
= 12 / (12+12)
= 12 / 24
= 0.50 or 50%
the minimum required throughput time is 0.25 days to achieve the maximum profits
WIP limit = Throughput time / Efficiency
= 0.25 / 50%
= 0.50 days.
The WIP limit is 0.50 days.
Answer:
The Framers provides the more affordable price, being $1.35 less expensive.
Step-by-step explanation:
I've Been Framed:
50% of $115 amounts to $57.5.
10% of $57.5 equals $5.75.
Subtracting gives $57.5 - $5.75 = $51.75.
Total: $51.75
The Framers:
30% off $120 results in $36.
After discount, $120 - $36 equals $84.
40% off $84 is $33.6.
Subtracting gives $84 - $33.6 = $50.4.
Price difference: $1.35
