A wait and see capacity strategy minimizes the chances of lost sales due to insufficient capacity. true  false

please solve within 30 minutes

Knott's Industries manufactures standard and super premium backyard swing sets. Currently it has four identical swing-set-making machines, which are operated 275 days per year and 8 hours each day. A capacity cushion of 20 percent is desired. The following information is also known Annual Demand Standard Processing Time Average Lot Size Standard Setup Time per Lot a. Does Knott's have sufficient capacity to meet annual demand? Knott's does Standard Model 20,000 5min 50 30 min Super Premium Model 10,000 17 min 30 45 min have sufficient capacity to meet annual demand because 3 machines are needed. (Enter your response rounded up to the next whole number.) b. If Knott's was able to reduce the setup time for the Super Premium Model from 45 minutes to 30 minutes, would there be enough current capacity to produce 20,000 units of each type of swing set? If Knott's was able to reduce the setup time for the Super Premium Model from 45 minutes to 30 minutes, there would not be enough capacity to…

There are six workers, one at each of the six stations (A-F). They begin their workday at 8:00a.m. and work steadily until 4:00 pm. (They are replaced with other workers for breaks and lunches, but the production is not slowed or stopped during these times.) Their hourly wage rate is $25 per hour. You can assume unlimited demand. What is the average labor utilization (you can ignore any start-up or empty system effects) of the six workers? Please give your answer in decimal form (e.g. 0.5 for 50% utilization).