The theoretical velocity is A. 2.32 units per hourB. 2.44 units per hourC. 2.5 units per hourD. 2.75 units per hour At the beginning of 2021, NUBD Co. installed a JIT purchasing and manufacturingsystem. The following information has been gathered about one of the company'sproducts:Theoretical annual capacityActual productionProduction hours availableOn-time deliveriesTotal deliveries2,200 units2.000 units880 hrs900 units950 deliveries

Theoretical velocity = Theoretical annual capacity/Production hours available

Answered: theoretical velocity

Business

Accounting

theoretical velocity

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

The theoretical velocity is

A. 2.32 units per hour

B. 2.44 units per hour

C. 2.5 units per hour

D. 2.75 units per hour

At the beginning of 2021, NUBD Co. installed a JIT purchasing and manufacturing
system. The following information has been gathered about one of the company's
products:
Theoretical annual capacity
Actual production
Production hours available
On-time deliveries
Total deliveries
2,200 units
2.000 units
880 hrs
900 units
950 deliveries

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