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FrozenT [24]
1 year ago
14

In 1992, George Brown started the Old Oregon Wood Store to manufacture Old Oregon tables. Each table is carefully constructed by

hand using the highest-quality oak. Old Oregon tables can support more than 500 pounds, and since the start of the Old Oregon Wood Store, not one table has been returned because of faulty workmanship or structural problems. In addition to being rugged, each table is beautifully finished using a urethane varnish that George developed over 20 years of working with wood-finishing materials. The manufacturing process consists of four steps: preparation, assembly, finishing, and packaging. Each step is performed by one person. In addition to overseeing the entire operation, George does all of the finishing. Tom Surowski performs the preparation step, which involves cutting and forming the basic components of the tables. Leon Davis is in charge of the assembly, and Cathy Stark performs the packaging.
1. What is the fastest way to manufacture Old Oregon tables using the original crew? How many could be made per day?
2. Would production rates and quantities change significantly if George would allow Randy to perform one of the four functions and make one of the original crew the backup person?
3. What is the fastest time to manufacture a table with the original crew if Cathy is moved to either preparation or finishing?
4. Whoever performs the packaging function is severely underutilized. Can you find a better way of utilizing the four-or five-person crew than either giving each a single job or allowing each to manufacture an entire table? How many tables could be manufactured per day with this scheme?
Mathematics
1 answer:
serious [3.7K]1 year ago
8 0
1. The fastest way to produce the tables is to have the person in-charge of finishing and packaging help with the preparation. Then, the person in-charge of preparation and packaging can help with the assembly. The finishing can also be done by three people. Finally, the packaging step can be helped by assembly and finishing people. This would produce more tables per day.

2. No. It would be better if the backup person can help with the task.

3. Tom could do the packaging since he'd be free after doing his step.

4. The scheme in No. 1 can be used.
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Answer:

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Scenario 2 WACC

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1 year ago
Suppose the supply function for product x is given by qxs = - 30 + 2px - 4pz.
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It is given in the question that

Suppose the supply function for product x is given by

qxs = - 30 + 2px - 4pz.

And we have to find how much of product x is produced when px = $600 and pz = $60.

And for that, we have to substitute 600 for px and 60 for pz, and on doing so, we will get

qxs = -30+2(600)-4(60)
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And that's the required answer .

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