What is the total daily cost of waiting letters to be mailed

Assignment Help Operation Management

Reference no: EM131779223

A typist at an office of a company receives on the average 20 letters per day for typing. The typist works 8 hours a day and it takes on the average 20 minutes to type a letter. The cost of a letter waiting to be mailed (opportunity cost) is 75 cents per hour and the cost of the equipment plus salary of the typist is $45 per day.

a) What is the typist's utilization rate?

b) What is the average number of letters waiting to be typed?

c) What is average waiting time needed to have a letter typed?

d) What is the total daily cost of waiting letters to be mailed?

Reference no: EM131779223

Questions Cloud

Trade barriers between the us and the country : The class project is required to pass this course. Non-completion of the class project will lower the student's final grade by one less letter grade.

What are an event planning facilities : What are an event planning (planner) facilities=places?

Different benefit drivers have very different long run : In attempt to beef up their sales, Fizzle Cola, the #2 brand, started putting cartoon characters on their cans. This strategy worked for a while but a year

Nations largest cookie and cracker producer : Nabisco, the nations largest cookie and cracker producer, introduced "mini" its line recently. They were confident that they would not have the problems

What is the total daily cost of waiting letters to be mailed : What is the typist's utilization rate? What is the total daily cost of waiting letters to be mailed?

Describe the revenue or payroll cycle at your organization : Describe the revenue or payroll cycle at your organization? What source documentation is used in the revenue and payroll cycles at your organization

Present a contribution format income statement : Present a contribution format income statement using variable costing.

Potential users of computer services the cia : Consider three potential users of computer services the CIA, Devry Institute of Technology, and Roto Rooter, a large plumbing company.

Providing annual cost-of-living adjustment to employees : What are the pros and cons of providing an annual cost-of-living adjustment to employees?

User Account

All Pages