EXAMPLE 2-10 Choosing the Better Process Process A produces 1,000 defect-free parts per hour. After every 2 hours, the equipment must be adjusted. This adjustment takes 15 minutes. The machine operator, who also makes the adjustment, is paid $25 per hour (this includes fringe benefits). Process B produces 750 defect-free parts per hour. The equipment needs to be adjusted by the operator every 4 hours. This adjustment requires 10 minutes of the operator's time (paid at $15 per hour which includes fringe benefits). Both processes are operated 8 hours a day. If ench defect-free part can be sold for $0.10, which process should be selected? Be sure to list your key assumptions.
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- Process A produces 1,000 defect-free parts per hour. After every 2 hours, the equipment must be adjusted. This adjustment takes 15 minutes. The machine operator, who also makes the adjustment, is paid $25 per hour (this includes fringe benefits). Process B produces 750 defect-free parts per hour. The equipment needs to be adjusted by the operator every 4 hours. This adjustment requires 10 minutes of the operator’s time (paid at $15 per hour which includes fringe benefits). Both processes are operated 8 hours a day. If each defect-free part can be sold for $0.10, which process should be selected? Be sure to list your key assumptions.A plant is introducing time standards in one of its production departments. The department employs 96 workers. The average wage rate in the department is $13/hr, including fringe benefits. The workweek is 40 hr (2000 hr/yr). The average number of batches produced each year by a worker is 50 (1 batch/week), and the average batch size is 1196 parts. When time standards are used, the productivity increase is expected to be 18%. The application speed ratio of the work measurement techniques to be used is 150. The annual salary of each analyst is $51.5,000, including fringe benefits. Determine the annual savings in direct labor cost if the department's workload after standards are introduced is the same as before, meaning that fewer workers will be required. O 286000 $ O 520000 $ O 364000 S O442000 $The Dorben Co. uses a standard hour plan with a base wage of $9/h. It hires an IE consultant to plan a batch production run of 300 units. This consultant has a worker on the line produce 2 units. The first takes 10 min and the second 9.7 min. Assuming that the worker continues to improve her performance, what will she be paid for the full batch of 300 units under the standard hour plan? What is the unit cost for the first unit made? What is the cost for 300th unit? there is already an answer for this question in chegg but it does not explain clearly in steps. I need some clear explanation thnks
- The long run. A chair manufacturer hires its assembly-line labour for $18 an hour and calculates that the rental cost of its machinery is $6 per hour. Suppose that a chair can be produced using 4 hours of labour or machinery in any combination. The firm is currently using 1 hour of labour for every 3 hours of machine time. (Assume that labour is on the horizontal axis and capital is on the vertical axis). 3. Graphically illustrate your answer by drawing an isoquant, an isocost line for the current combination of labour and capital and an isocost line for the optimal combination of labour and capital. An isocost corresponding to the optimal combination of labour and capital is [a vertical line, a horizontal line, an upward sloping straight line, an upward sloping curve which is not a straight line, a downward sloping straight line, a downward sloping curve which is not a straight line, L-shaped] has slope [ ] at the optimal combination of inputs An isoquant…Suppose you work in a textiles factory. You know that it's normal for machines to print an average of 12 flaws per bolt of fabric. But if there's something wrong with the machine, they will print more flaws; you use this fact to determine if a machine needs to be fixed. Fixing a machine is always a time consuming process--it can require two hours just to take the machine apart to inspect it--so you only fix them if you really think there's something wrong. A machine just printed 15 flaws on a bolt of fabric. Using the appropriate distribution function in Excel, determine the chance that this is just a coincidence and the machine is working fine? Express your answer as a decimal to four places. Include a zero before the decimal point.For a particular process, originally each 200 units of product manufactured yielded 180 conforming units, 9 units that must be scrapped, and the remaining units that must be reprocessed. Each scrapped unit results in a $30 loss and each reprocessed unit requires an extra 0.30 hours of processing time. The resource time of producing the original 200 units is 30 hours. As a result of a quality improvement program that was recently introduced, for each 200 units manufactured, the process now yields 190 conforming units, 1 unit to be scrapped, and the remaining units that must be reprocessed. Calculate the scrap cost for the new process.
- Min St. 27, +3%2 1X, 7,125 1x₁ + 1x₂ 71350 2x + 1x₂ = 600 24x2710 Demand for product A Total Production Processing timeAt the beginning of the year a company estimated that 20.000 direct labor hours would be required for the period's estimated level of production. The company also estimated $140 000 of fixed manufacturing overhead cost for the coming period and variable manufacturing overhead of $150 per direct laber-hour Asume that Job X used $200 in direct materials, $280 of drect labor, and 20 direct labor hours. What is the total job cost for Job X" O O 540000 $60.00 SYMUDThe MPS for product A calls for 100 units to be completed in week 4 and 200 units in week 7 (the lead time is one week). Spare part demand for Item B is 10 units per week. Item B: Lot sizing rule: FOQ=500 Lead time (wks): 2 Beginning (on-hand) inventory: 100 Scheduled receipts: none Item C: Lot sizing rule: LFL Lead time (wks): 3 Beginning (on-hand) inventory: 10 Scheduled receipts: 200 (week 2) Develop a material requirement plan for the next 7 weeks for items B and C. What would be the impact of a scheduled receipt of 200 units for item B in week 2 (and all other data remained the same) on your calculated planned order receipts and releases?
- 2. You are at Disney World and wait 45 minutes to ride the roller coaster at Space Mountain. Guests board the roller coaster in batches of 20. The ride takes 3 minutes and all riders get off at the same time. What is the cycle time of this process? What is the throughput time?nimal population densities are important to those who manage wildlife. This is particularly true when animals pose risks to humans. Managing the population of grizzly bears in the surrounds of a park is one example. Let's say that the park in question is 3,374 square miles. Additionally, the bears roam a surrounding area that is 60% as large as the park. Although their territories overlap considerably, let's say each bear needs at least 20 square miles to himself/herself to call home. Estimate the maximum number of bears that can be supported on the available land, which was 5,398 mi2. bearsThe manager of the Fore and Aft Marina in the previous problem wants to investigate the possibility of enlarging the docking facility so that two boats can stop for gas and servicing simultaneously. Assume that the arrival rate is 5 boats per hour and that the service rate for each server is 10 boats per hour. What is the average time a boat will spend waiting for service? What is the average time a boat will spend at the dock? If you were the manager of Fore and Aft Marina, would you be satisfied with the service level your system will be providing Why or why not?