Terminator, Inc., manufactures a motorcycle part in lots of 250 units. The raw materials cost for the part is $150, and the value added in manufacturing 1 unit from its components is $300, for a total cost per completed unit of $450. The lead time to make the part is 3 weeks, and the annual demand is 4,000 units. Assume 50 working weeks per year. a. How many units of the part are held, on average, as cycle inventory? What is its value? b. How many units of the part are held, on average, as pipeline inventory? What is its value?
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- 4. Terminator, Inc., manufactures a motorcycle part in lots of 250 units. The raw materials cost for the part is $170, and the value added in manufacturing 1 unit from its components is $320, for a total cost per completed unit of $490. The lead time to make the part is 4 weeks, and the annual demand is 4,200 units. Assume 50 working weeks per year. a. How many units of the part are held, on average, as cycle inventory? ___ units. (Enter your response as an integer.) What is its value? $______ (Enter your response as an integer.) b. How many units of the part are held, on average, as pipeline inventory? _____units. (Enter your response as an integer.) What is its value? $______ (Enter your response as an integer.)A part is produced in lots of 1,000 units. It is assembled from2 components worth $50 total. The value added in produc-tion (for labor and variable overhead) is $60 per unit, bring-ing total costs per completed unit to $110. The average leadtime for the part is 6 weeks and annual demand is 3,800 units,based on 50 business weeks per year.a. How many units of the part are held, on average, in cycleinventory? What is the dollar value of this inventory?b. How many units of the part are held, on average, in pipe-line inventory? What is the dollar value of this inventory?(Hint: Assume that the typical part in pipeline inventoryis 50 percent completed. Thus, half the labor and variableoverhead cost has been added, bringing the unit cost to$80, or $50 + $60>2).Terminator, Inc., manufactures a motorcycle part in lots of 250 units. The raw materials cost for the part is $150, and the value added in manufacturing 1 unit from its components is $280, for a total cost per completed unit of $430. The lead time to make the part is 2 weeks, and the annual demand is 3,800 units. Assume 50 working weeks per year. a. How many units of the part are held, on average, as cycle inventory? nothing units. (Enter your response as an integer.)
- Consider the following product structure. If the demand for product A is 50 units, how many units of component D will be needed? Part 2 A. 200 B. 300 C. 50 D. 100 E. 150Terminator, Inc., manufactures a motorcycle part in lots of 300 units. The raw materials cost for the part is $170, and the value added in manufacturing 1 unit from its components is $320, for a total cost per completed unit of $490. The lead time to make the part is 4 weeks, and the annual demand is 4,200 units. Assume 50 working weeks per year. a. How many units of the part are held, on average, as cycle inventory? units. (Enter your response as an integer.)2-The company is developing a new product that will incorporate subassemblyC. As part of the development process, a manufacturing testrunwill be conducted, requiring an extra 500 subassembly C’s per week.What is the earliest week this extra production can be added while stillmaintaining the inventory requirements of all components?
- Bhatti Company produces plastic photo frames. Two departments, molding and finishing, are involved in the manufacturing. The molding department fills the molds with hot liquid plastic that is left to cool and then opens them. The finishing department removes the plastic frame from the mold and strips the edges of the frames of extra plastic. The following information is available for the month of January: January 1 Quantity (pounds) January 31 Quantity (pounds) Work-in-Process Inventory Cost Cost Molding department Finishing department None None 5,000 $ 15,000 2,000 The WIP Inventory in the finishing department is estimated to be 40% complete for conversion both at the beginning and end of January. Costs of production for January follow: Direct Costs of Production Materials Conversion Molding department Finishing department $ 450,000 $ 90,000 80,290 The molding department started 50,000 pounds of product in January. The firm uses the FIFO method of process costing. Required: 1. Prepare…Assume that you are the manager of a shop that assembles power tools. You have just received an order for 53 chain saws, which are to be shipped at the start of week 8. Pertinent information on the saws is Item Lead Time (weeks) On Hand Components Saw 2 15 A(2), B(1), C(4) A 1 10 E(3), D(1) B 2 5 D(2), F(3) C 2 65 E(2), D(2) D 1 20 E 1 10 F 2 30 Develop the material requirements plan for component E using lot-for-lot ordering. (Leave no cells blank - be certain to enter "0" wherever required.) Item: E(3) & E(2) LT = 1 wk. Beg. Inv. 1 2 3 4 5 6 7 8 Gross requirements Scheduled receipts Projected on hand Net requirements Planned order receipt Planned order releaseSemans is a manufacturer that produces bracket assemblies. Demand for bracket assemblies (X) is 128 units. The following is the BOM in indented form: DESCRIPTION Bracket assembly Wall board Hanger subassembly Hanger casting Ceramic knob Rivet head screw Metal tong Plastic cap USAGE 1 ITEM X A B D E 5 F G 3 1 Below is a table indicating current inventory levels: Item X 26 D 196 F G 95 Inventory 17 69 17 145 1,220 b. What are the net requirements for each item? (Leave no cells blank - be certain to enter "0" wherever required.) Item Net Requirements A B C D F G
- Assume that you are the manager of a shop that assembles power tools. You have just received an order for 52 chain saws, which are to be shipped at the start of week 8. Pertinent information on the saws is Item Lead Time (weeks) On Hand Components Saw 2 15 A(2), B(1), C(4) A 1 10 E(3), D(1) B 2 5 D(2), F(3) C 2 65 E(2), D(2) D 1 20 E 1 10 F 2 30 Develop the material requirements plan for component E using lot-for-lot ordering.Pranuec Company mai Tactures, assembles, and rebunds material handing equipment used Tn war ses and uistr iters. One product, called a Liftmaster, is assembled from four components: a frame, a motor, two supports, and a metal strap. Frandec's production schedule calls for 6000 Liftmasters to be made next month. Frandec purchases the motors from an outside supplier, but the frames, supports, and straps may be either manufactured by the company or purchased from an outside supplier. Manufacturing and purchase costs per unit are shown. Component Manufacturing Cost Purchase Cost Frame $39.00 $52.00 Support $12.50 $16.00 Strap $7.50 $8.50 Three departments are involved in the production of these components. The time (in minutes per unit) required to process each component in each department and the available capacity (in hours) for the three departments are as follows: Department Component Cutting Milling Shaping Frame 3.6 2.3 3.2 Support 1.4 1.8 2.7 Strap 0.9 1.8 Capacity (hours) 370 430…Assume that direct labor is a variable cost. The special order would have no effect on the company's total fixed manufacturing overhead costs. The customer would like modifications made to product A90 that would increase the variable costs by $4.20 per unit and that would require an investment of $21,000 in special molds that would have no salvage value. This special order would have no effect on the company's other sales. The company has ample spare capacity for producing the special order. The annual financial advantage (disadvantage) for the company as a result of accepting this special order should be: Brady Corporation has received a request for a special order of 6,000 units of product A90 for $21.20 each. Product A90's unit product cost is $16.20, determined as follows: Direct materials $ 6.10 Direct labor 4.20 Variable manufacturing overhead 2.30 Fixed manufacturing overhead 3.60 Unit product cost $ 16.20