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Burka [1]
2 years ago
11

An upset forging plant will be built to produce 2,000,000 parts per year. The plant will operate for three 8-hour shifts per day

, five days per week, 48 weeks per year. It is estimated that the average batch size will be 2000 parts, the average setup time between batches will be 3 hours, and the average time to produce a part will be 20 seconds. For both production and setup, the availability for each forging machine will be 95%.
(a) Determine how many forged parts can be produced in 1 month, if there are 8 hours worked per day and an average of 21 days per month at one shift per day.
(b) What is the labor productivity ratio of the forge shop, expressed as parts per worker-hour?
Business
1 answer:
miv72 [106K]2 years ago
3 0

Answer:

A. 16

B. 57.14

Explanation:

forging presses = 20

setup time = 3 hours

Time required to produce 1 batch = 600 *45 s = 7.5 hours

total workforce = 7 in all;

a. no of forged parts produced in a month ;

total time required to produce 1 forged part = 3 + 7.5 = 10.5 hours;

working hours a day = 8 ;

total no of working days = 21/month;

total no of batches produced n= 21*8/10.5;

n = 16;

so no of parts = 16 * 600 = 9600;

b. labor productivity P= parts /work hour;

P = 9600/21*8 = 57.14

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WRT, a calendar year S corporation, has 100 shares of outstanding stock. At the beginning of the year, Mr. Wallace owned all 100
liq [111]

Answer:

income = $215970.5

Explanation:

given data

Wallace own = 100 share

time = 273 days ( 1 january to 30 september )

Wallace remaining share = 100 - 40 - 25 = 35 share

time remaining = 92 days ( 365 - 273 )

brother share = 25

time = 92 days ( 1 october to 31 december )

daughter share = 40

time = 92 days ( 1 october to 31 december )

ordinary income = $216000

to find out

income

solution

we find first ordinary income per share that will be

ordinary income per share = income / total share

ordinary income per share = 216000 / 100

ordinary income per share =  $2160

and

ordinary income per share will be = 2160 / 365 = 5.917 per share per day

so

income of Wallace is

share ×time period × per share per day

= 100×273 × 5.917  =    $161534.1                .....................1

= 35×92 × 5.917     =     $19052.74               .....................2

income of brother

share ×time period × per share per day

= 25×92 × 5.917     =     $13609.1                 .....................3

income of daughter

share ×time period × per share per day

= 40×92 × 5.917     =     $21774.56                .....................4

so now income will be by adding equation 1, 2 , 3 and 4

income = 161534.1  + 19052.74  + 13609.1  + 21774.56

income = $215970.5

4 0
1 year ago
TechPro offers instructional courses in e-commerce website design. The company holds classes in a building that it owns.
myrzilka [38]

Answer:

1. fixed and indirect

2. variable and direct

3. variable and direct

4. fixed and indirect

5. fixed and indirect

6. variable and direct

Explanation:

<u>Fixed and variable costs</u>

A fixed cost is expected to be constant for a short term period whilst a variable cost is expected to vary in direct proportion to the number of units produced in this case it is the individual classes.

Depreciation expense on classroom building and on computers is a fixed cost that is expected to remain constant and the instructor wage varies with the number of classes thus a variable cost.

<u>Direct and Indirect costs</u>

A direct cost can be directly traced to the cost object by observation whist the indirect cost can not be directly traced on a cost object.

The instructors wage is a direct cost, his effort is seen with the success of the classes whist the depreciation expenses are indirect costs.

4 0
1 year ago
After sugar refiner has produced fine sugar for baking purposes, what is left over is used to produce molasses. This technology
Blizzard [7]

Answer:

ECONOMIES OF SCOPE

Explanation:

Economies of Scope concept implies producing different , but related products will reduce the per unit  cost of production of the firm (relatively lesser than if the products would have been produced separately.

This happens because of backward & forward linkages in interrelated but different goods' inputs & outputs .

Ex : In this case, another byproduct - molasses has been produced of waste from sugar production, which could have otherwise been purchased input.

Economies of Production is cost reduction due to quantity & not variety production. Diseconomies of Scale & Diseconomies of Scope are their opposite phenomenas leading to cost rise . So , none of these 3 are apt.

6 0
1 year ago
Blair Housewares wants to add new products to its existing line of products. Managers are correct in believing that the purpose
Zinaida [17]

Answer:

False

Explanation:

The general purpose of idea generation is to come up with the largest amount of possible ideas, it doesn't matter how crazy they might seem.

The purpose of succeeding stages will be to funnel the ideas and only work and develop the most promising ones.

3 0
1 year ago
Leo received $7,500 today and will receive another $5,000 two years from today. He will invest these funds when he receives them
alekssr [168]

Answer:

Value of Investment= Principal (1+Rate of return)^Number of periods

For the first investment the principal is 7,500, the rate of return is 11.5% and the number of periods are 5 so the value of the investment will be

7,500 (1+0.115)^5=12,925

For the second investment the principal is 5,000, the rate of return is 11.5 and the number of periods are 3 as the 5,000 is invested two years from today.

5,000*(1+0.115)^3=6,931

Total value of investments = 12,925 +6,931 = $19,856

8 0
1 year ago
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