We know the following data for Albert's fabricating production area: Number of machines = 6 Number of working days in year = 335 Processing time per unit = 60 minutes a. What is the annual capacity with a single eight-hour shift? Round your answer down to the nearest whole number. 32160 units/year b. What is the annual capacity with two shifts? Round your answer down to the nearest whole number. 64320 units/year

We know the following data for Albert's fabricating production area: Number of machines = 6 Number of working days in year = 335 Processing time per unit = 60 minutes a. What is the annual capacity with a single eight-hour shift? Round your answer down to the nearest whole number. 32160 units/year b. What is the annual capacity with two shifts? Round your answer down to the nearest whole number. 64320 units/year

Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)

14th Edition

ISBN:9781305506381

Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris

Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris

Chapter8: Cost Analysis

Section: Chapter Questions

Problem 9E

See similar textbooks

Similar questions

Suppose you sell items on a web site like Etsy and making them requires you to rent some equipment costing $1000 per year as a fixed cost. The materials for making these items cost $30 per item as a variable cost, and you sell them for a price of $50 each. What number of items D' must you make and sell each year for you to breakeven on the cost of this activity? You may be able to raise your sales price and then sell fewer items to maximize profit. Since other people make and sell similar items, a higher price lowers the demand for your product according to the price function p = $120 - 1.5 D. What is the profit maximizing  number of items D* that you would need to make and sell to maximize profit? What is the profit earned for the annual number of items made and sold in part b?
Awer saved Polts out el 1.00 Nemove tag There can be at least one input for production which can be considered as fixed in the ultimate long run Select one: O True False
Good afternoon please help me with the calculation to for the attatched prodblem. Thank you in advance
The pumlative eveage labor hours to assemble the first fiva units of product A was 14.579 hours. If the learning curve, based on the previous experience with similar products, is 76%, what is the estlimated tlime (labor hours hat wil be neguirees its assemtie ife 2 uni? The mumiber of labor hours required to assemble the 24 unit is hours. (Round to one decimal place.)
Remaining Time: 01:34 23 Suppose a fiem's total variable costs are given by TVC(9) -3 g, and it has a fixed cost of 787 of which 507 is avonidatle, We want to find the firm's Bupply Lets finst find the minimum of the average variable and avoidable costa. This will allow us to find the price below which the firm wil not produce. Remember for decisionmaking only the avoidatble fixed cost matter. This occurs are The price at which the firm just breaks even is P= The firm's supply, then is q for PS 国助nd for P> Please give the supply in terms of upper case P and please use fractions.
Equipment purchased in 2006 for $36,000 must be replaced in late 2017. What is the estimated cost of the replacement equipment based on the following cost indices? TITI End of Year Index End of Year Index 2011 202 209 222 134 2004 2005 2006 2007 2008 2009 2010 2012 2013 149 155 2014 2015 2016 242 263 156 170 183 278 194 2017 289 (estimated) The estimated cost of the replacement equipment based on the cost indices provided is S (Round to the nearest dollar.) Enter your answer in the answer box.
. Given the following fixed and variable costs and the volumes, calculate the total andunit costs.
Suppose that 5J of work is needed to stretch a spring from its natural length of 30 cm to a length of 39 cm. (a) How much work is needed to stretch the spring from 32 cm to 34 cm? (Round your answer to two decimal places.) (b) How far beyond its natural length will a force of 25 N keep the spring stretched? (Round your answer one decimal place.)
A blant broduces dayof A 15000gallons per r chemical cost partiçular 2.5millions in 31987.when the Cost index was. 1674. The Cost now for louilding. that produces "40,000 gallous per day with fexponent) of08 Milligns. Similar plant cost capacity factor 5 Millions. what's the st indexi now. र
The time to assemble the first unit on a production line is 13 hours. The learning rate is 0.81. Approximately how long will it take for the eighth unit to be assembled? The number of hours needed for yhe eighth unit to be assembled is ? hours. (Round the one decimal place.)
Graphically Represent and analyze the interrelationship between the short run costs Units TFC TVC TC AFC AVC AC MC 0 24 0 1 24 28 2 24 54 3 24 75 4 24 96 5 24 126 6 24 168 7 24 214 8 24 264.
The time to assemble the first unit on a production line is 6 hours The learming rate is 0 86. Approximately how long wilttake for the seventh unit to be assembled? The number of hours needed for the seventh unit to be assembled is hours (Round to one decimal place) nswer in the answer box