Please solve and explain each process For the production of part R-193, two operations are being considered. The capital investment associated witheach operation is identical.Operation 1 produces 1,600 parts per hour. After each hour, the tooling must be adjusted by the machineoperator. This adjustment takes 10 minutes. The machine operator for Operation 1 is paid $19 per hour (thisincludes fringe benefits).Operation 2 produces 1,850 parts per hour, but the tooling needs to be adjusted by the operator only onceevery two hours. This adjustment takes 30 minutes. The machine operator for Operation 2 is paid $11 perhour (this includes fringe benefits).Assume an 8-hour workday. Further assume that all parts produced can be sold for $0.40 each.a. Should Operation 1 or Operation 2 be recommended?b. What is the basic tradeoff in this problem?a. The profit using Operation 1 is $ 4,237 per day. (Round to the nearest dollar.)The profit using Operation 2 is $ 4,648 per day. (Round to the nearest dollar.)Operation 2 should be chosen.b. Choose the correct answer below.A. A higher production for Operation 2 is being traded off for a higher tool changing time (downtime).B. A higher production for Operation 1 is being traded off for a lower tool changing time (downtime).OC. A higher production for Operation 2 is being traded off for a lower tool changing time (downtime).D. A higher production for Operation 1 is being traded off for a higher tool changing time (downtime).

... a. The profit using Operation 1 is $ 4,237 per day. (Round to the nearest dollar.) The profit using Operation 2 is $ 4,648 per day. (Round to the nearest dollar.) Operation 2 should be chosen. b. Choose the correct answer below. A. A higher production for Operation 2 is being traded off for a higher tool changing time (downtime) OB. A higher production for Operation 1 is being traded off for a lower tool changing time (downtime). OC. A higher production for Operation 2 is being traded off for a lower tool changing time (downtime). OD. A higher production for Operation 1 is being traded off for a higher tool changing time (downtime)

... a. The profit using Operation 1 is $ 4,237 per day. (Round to the nearest dollar.) The profit using Operation 2 is $ 4,648 per day. (Round to the nearest dollar.) Operation 2 should be chosen. b. Choose the correct answer below. A. A higher production for Operation 2 is being traded off for a higher tool changing time (downtime) OB. A higher production for Operation 1 is being traded off for a lower tool changing time (downtime). OC. A higher production for Operation 2 is being traded off for a lower tool changing time (downtime). OD. A higher production for Operation 1 is being traded off for a higher tool changing time (downtime)

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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