Chrome's Jeans manufacturers blue jeans. They process the jeans in 40-jean batch sizes. The cutting time is 5 minutes per jean and the sewing time is 20 minutes per jean. It takes 2 minutes to move a batch from cutting to sewing. What is the total non-value-added time (in minutes) and the value added ratio, respectively? Round the ratio to one decimal place. 1,002 min and 1.9% Not this choice. 975 min and 2.5% 27 min and 2.6%
Chrome's Jeans manufacturers blue jeans. They process the jeans in 40-jean batch sizes. The cutting time is 5 minutes per jean and the sewing time is 20 minutes per jean. It takes 2 minutes to move a batch from cutting to sewing. What is the total non-value-added time (in minutes) and the value added ratio, respectively? Round the ratio to one decimal place. 1,002 min and 1.9% Not this choice. 975 min and 2.5% 27 min and 2.6%
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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Transcribed Image Text:1. Chrome's Jeans manufacturers blue jeans. They process the jeans in 40-jean batch sizes. The
cutting time is 5 minutes per jean and the sewing time is 20 minutes per jean. It takes 2 minutes
to move a batch from cutting to sewing. What is the total non-value-added time (in minutes) and
the value added ratio, respectively? Round the ratio to one decimal place.
1,002 min and
1.9%
Not this choice.
975 min and 2.5%
27 min and 2.6%
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