Answer:
Time needed to complete the 4th unit = 57.80 hours
Explanation:
<u><em>The learning curve theory</em></u><em> states that as the cumulative output doubles the cumulative average time taken till date is reduced to a certain percentage of the previous time. This percentage is called learning rate</em>
Total time = Average time × cumulative number of units
The cumulative average time is determined using the formula below:
Y= aX^b
a - time taken for the first unit produced
b = log LR/Log 2
X- cumulative units till date
Y - cumulative average time taken for X units
LR- Learning rate
LR = 68/80 = 0.85 = 85%
<em>Time needed to complete the 4th unit</em>
= Learning rate × time take for the 2 unit
= 85% × 68
= 57.80 hours
Time needed to complete the 4th unit = 57.80 hours
The contract that carries the least risk for suppliers is CPPC. In this type of contract the buyer pays the supplier for allowable performance cost and pre-determined percentage based on total cost. The full meaning of CPPC is Cost Plus Percentage of Cost.
Answer:
8,000= fixed overhead
Explanation:
Giving the following information:
Bell’s Shop can make 1000 units of a necessary component with the following costs:
Direct Materials $24000
Direct Labor 6000
Variable Overhead 3000
Fixed Overhead ?
The company can purchase the 1000 units externally for $39000. The unavoidable fixed costs are $2000 if the units are purchased externally.
Buy= 41,000/1,000= $41
Total Unitary cost= 24,000 + 6,000 + 3,000 + fixed overhead
41,000= 33,000 + fixed overhead
8,000= fixed overhead
Answer:
7 days
Explanation:
Although the lead time for assembling a finished cartridge is only 2 days, the assembly process cannot begin until all child items are available. Thus, the time that would take Bartran to create at least one finished ink cartridge if it started with nothing in stock is the highest lead time of all child items added to the lead time of assembly.
Labels have the highest lead time of 5 days, therefore the total time taken is:
5 +2 = 7 days
Markus Braun's first step in making a rational decision is <em>a. Define the problem.</em>
The definition of the problem of where to open businesses will enable Markus to:
- Establish critical decision criteria that will be used to adjudge the different choices.
- Ascertain and evaluate the optimal locations that will meet his investment requirements.
Six decision-making processes identified for achieving satisfactory outcomes include:
- Step 1 is the Identification of the Problem
- Step 2 is the Establishment of the Decision Criteria
- Step 3 is the Weighing of the Decision Criteria
- Step 4 is the Generation or Identification of Alternatives
- Step 5 is the Evaluation of Alternatives
- Step 6 is the Selection of the Best Alternative
Thus, wherever these processes are followed, the probability of achieving favorable outcomes become higher.
Read more: brainly.com/question/16867992