What is the average utilization of your resources now

Assignment Help Accounting Basics
Reference no: EM133030484

Question - Now you plan to make a letter B by yourself. The stages to make a B should be (in this order) A: Bend a small straight piece to U form, B: Bend another small straight piece to U form, C: Make a strong straight base piece, D: Attach the two smaller U pieces to the base piece to creat a B. Assume the following amount of work in seconds is required at each station: A: 30 secs, B: 27 secs, C: 46 secs, and D: 60 secs. Furthermore, assume three class mates come over, and each of you is assigned to exactly one task (A-D). (Assume you want to make many Bs, i.e., perform the calculations for a continuous process.)

Part a: What is the flow time (from raw material to the finished B)? Please give your answer in seconds.

Part b: What is the bottleneck stage? A, B, C, or D?

Part c: What is the capacity rate of your process (Bs per hour)?

Part d: What is the cycle time of your process (secs)?

Part e: What is the average utilization of your resources (in %)?

Part f: Additionally, your brother/sister/friend wants to know what you are doing and is happy to join in. What is the best way in which (s)he can help (assuming that (s)he can only help with one particular task)? (Assume you want to make many Bs, i.e., perform the calculations for a continuous process.) Please explain in one short sentence.

Part g: With this additional helper, what is the new flow time (from raw material to the finished B)? Please give your answer in seconds.

Part h: What is the new bottleneck stage? A, B, C, or D?

Part i: What is the new capacity rate of your process (Bs per hour)?

Part j: What is the new cycle time of your process (secs)?

Part k: What is the average utilization of your resources now (in %)?

Reference no: EM133030484

Questions Cloud

Elements of the human resource process : -Why is it important to keep the firm's strategy in mind when engaged in human resource activities such as selection?
Calculate the parent company from the subsidiary net income : During 2019, Manama Company sold the land at $290,000. Calculate the Parent company from the subsidiary's net income
Reflect on effectiveness of group work processes : Reflect on the effectiveness of group work processes for your previous group project.
How much is the bond worth today : Suppose a government bond will pay $1,000 three years from now. If the going interest rate on 3-year government bonds is 4%, how much is the bond worth today
What is the average utilization of your resources now : Assume the following amount of work in seconds is required at each station: A: 30 secs, What is the average utilization of your resources now
Explain the barriers to hrp : Explain the barriers to HRP. Bring out the requesites for effective planning
Report on legal case study : Report on legal case study - legal advice report on this potential legal issue - One of the more popular ways of evaluation is to ask students
What is a disadvantage of outsourcing training : Other than loss of control over the training process, what is a disadvantage of outsourcing training?
Describe nonverbal skills in expressing yourself : -How would you describe your nonverbal skills in expressing yourself and in decoding what others are expressing? What do you feel you do well and what can you i

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd