A part is produced in lots of 1 comma 4001,400 units. It is assembled from 2 components worth ​$3030 total. The value added in production​ (for labor and variable​ overhead) is ​$3030 per​ unit, bringing total costs per completed unit to ​$6060. The average lead time for the part is 44 weeks and annual demand is 3 comma 7003,700 ​units, based on 50 business weeks per year. Part 2 a. How many units of the part are​ held, on​ average, in cycle​ inventory?

Rick Wing has a repetitive manufacturing plantproducing automobile steering wheels. Use the following datato prepare for a reduced lot size. The firm uses a work year of305 days. a) What is the setup cost, based on the desired lot size?b) What is the setup time, based on $40 per hour setup labor?

3-44 CVP analysis. The Germa company produces two products, Spick and Span, on one machine. Spick and Span cannot be made simultaneously. There is no time required to adjust the machine when switching from one product to the other. One unit of Spick requires 2 machine hours to produce, whereas one unit of Span requires 4 hours. The normal occupation of the machine is 6,000 hours per year. The fixed costs of the machine are $120,000 annually. One unit of Spick needs 2 kg of material A, whereas one unit of Span requires 3 kg. The budgeted price for 1 kg of material A is $4. The sales costs consist only of fixed costs, which are budgeted at $40,000 a year. The allocated fixed sales costs per product are $20. 1. Calculate the cost per product for Spick and Span. The selling price for Spick is $70 and for Span it is $120. 2. Calculate the breakeven revenue when 50% of the units sold are Spick and 50% are Span. 3. When material shortage causes a bottleneck, which product should be produced…

The bill of materials shows all the parts required to make Select one: a work-in process inventory b. the MPR c.raw materials inventory d.one item

An auto assembly line mixes the manufacture of sedans and wagons. The demand for both sedans and wagons is the same, 3000 units/week. The production sequence is alternated as: 4 weeks of sedan followed by 4 weeks of wagon, and this cycle is repeated over and over. a. What batch size is needed for sedans (or wagons)? b. How much is the maximum inventory of sedans (or wagons)? c. How much is the average inventory of sedans (or wagons)?