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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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Fairchild Garden Supply expects $700 million of sales this year, and it forecasts a 15% increase for next year. The CFO uses thi
vazorg [7]

Answer:

D) 3.48

Explanation:

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Growth rate = 15%

Projected Sales=$700*15% +$700

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Required inventory = $30.2 + 0.25*projected sales

Req.Inv = $30.2 + 0.25($805)

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$805/$231.45

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8 0
1 year ago
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8 0
1 year ago
Sarah is planning a party at a party hall. The meal option is $50 per person and includes the hall for free. The hall-only optio
Tomtit [17]

Answer:

meal option  is cheaper with total cost = $2000 and hall only option is total cost  $2700

Explanation:

given data

The meal option = $50 per person.

Hall free = $ 0 per person

total guest = 40

hall-only option = $1,500

external caterer = $30 per person

solution

when we go for meal option than hall free so total cost will be as

total cost = total guest  × $50 per person

total cost = 40 × $50

total cost = $2000

and

when we go for hall only option than total cost will be

total cost = total guest   × external caterer charge + hall-only option

total cost =  40  × $30 + $1500

total cost =   $2700

so

meal option  is cheaper with total cost = $2000 and hall only option is total cost  $2700

4 0
2 years ago
On January 1, 2017, Christel Madan Corporation had inventory of $56,000. At December 31, 2017, Christel Madan had the following
lara [203]

Answer:

Gross Profit = $304,050

Operating expenses = $162,050

Explanation:

The computation of gross profit and operating expenses is shown below:-

Net purchases = Purchase - Purchase discounts - Purchase returns and allowances

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= $494,750    

Cost of goods sold = Net purchases + Freight-in + Inventory + Ending inventory

= $494,750 + $4,100 + $56,000 - $66,000

= $488,850    

Gross profit = Net sales - Cost of goods sold

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= $304,050

Operating expenses = Gross profit - Net income

= $304,050 - $142,000

= $162,050

7 0
1 year ago
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