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xz_007 [3.2K]
1 year ago
6

One operator services a bank of five machines. Machine running time and service time are both exponential. Machines run for an a

verage of 74 minutes between service requirements, and service time averages 26 minutes. The operator receives $25 per hour in salary and fringe benefits, and machine downtime costs $78 per hour per machine.
If each machine produces 65 pieces per hour while running, find the average hourly output of each machine, when waiting and service times are taken into account.(Round your answer to 2 decimal places.)
Average hourly output ______________________ pieces
Business
1 answer:
Nady [450]1 year ago
7 0

Answer:

Average hourly output is 13.14 pieces.

Explanation:

Number of machines at the bank N = 5

Average service time T = 26 min

Machine runs for an Average R = 74 min

Number of servers M = 1

Service Factor, X = T / (T+R)

= 26 / (26+74)

= 0.26

Efficiency Factor, F = 0.683

Average Number of machine running A = N * F * (1 - X)

= 5 * 0.683 * (1 - 0.26)

= 2.52

Output rate = 26 * (A / N)

= 26 * ( 2.52 / 5)

= 13.14 per hour.

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Nielson Motors is considering an opportunity that requires an investment of $1,000,000 today and will provide $250,000 one year
goldfiish [28.3K]

Answer:

NPV = 87,528.18

The company should invest.

Explanation:

Giving the following information:

Nielson Motors is considering an opportunity that requires an investment of $1,000,000 today and will provide $250,000 one year from now, $450,000 two years from now, and $650,000 three years from now.

We need to calculate the net present value. If the NPV is positive, the company should invest. The project will increase the value of the company.

NPV= -Io + ∑[Cf/(1+i)^n]

Cf= cash flow

Year1= 250,000/ (1.10)= 227,272.73

Year2= 450,000 / (1.10^2)= 371,900.83

Year3= 650,000/ 1.10^3= 488,354.62

Total= 1,087,528.18

NPV = - 1,000,000 + 1,087,528.18= 87,528.18

8 0
2 years ago
A U.S. exporter sells $150,000 of furniture to a Latin American importer. The exporter requires the importer to obtain a letter
grandymaker [24]

Answer:

5.52%

Explanation:

Cost of Furniture= $150,000

discount= 5.25% (120-day note)

To get the exporter's true effective annual financing cost, we have:

150,000*[1-(0.0525*120/360)] = 147,375

=(150,000/147,375) 365/120-1 = 5.52%

Therefore, the exporter's true effective annual financing cost is 5.52%

6 0
2 years ago
Suppose the demand function for avocados is Q = 104 - 40p + 20tp + 0.01Y, where p is the price of avocados, pt is the price of t
LiRa [457]

Answer: equilibrium price = 4

Quantity of avocado = 110units

Explanation:

Q = 104 - 40p + 20tp + 0.01Y........eq1

Q = 58 + 15p - 20pf...........eq2

pt = $0.80,

Y = $4,000,

pf = $0.40

From eqn1 substituting of into it

Q = 104 - 40p + 20($0.80) + 0.01($4000)

= 104 - 40p + 16 + 40

= 160/40p

p = 4 equilibrium price

From eqn2. Substituting p and pf into it.

Q = 58 + 15p - 20pf

Q = 58 + 15(4) - 20($0.40).

Q = 58 + 60 - 8

Q = 110 quantity of avocado

8 0
2 years ago
Dita takes out a student loan from Everloan Bank. When she fails to make the scheduled payments for six months, Everloan advises
kap26 [50]

Answer:This violates no federal law

Explanation:

Federal laws are bills that have passed both houses of Congress, been signed by the president, passed over the president's veto, or allowed to become law without the president's signature. Individual laws, also called acts, are arranged by subject in the United States Code.

6 0
1 year ago
Lopez Sales Company had the following balances in its accounts on January 1, 2018: Cash$68,000 Merchandise Inventory 48,000 Land
maxonik [38]

Answer:

Lopez Sales Company

1. Amount of Gross Margin recognized by Lopez:

Sales = $81,600

Less cost of sales = $38,400

Gross Margin = $43,200

2. Amount of the gain on the sale of land recognized by Lopez:

Land:

Selling price = $81,000

less Cost = $43,200

Gain on sale = $37,800

Explanation:

a) Gross margin is the difference between the selling price and the cost price of a product.  It is the profit determined before business running expenses are deducted to obtain the net income or margin.

It measures the ability of the business to generate enough income to cover expenses that are normally incurred in business, like rent, utilities, and salaries and wages.

b) The Gain on sale of any capital asset is the difference between the selling price and the cost (book value).  This gain is reported separately in the income statement and is the subject of capital gains tax.

4 0
1 year ago
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