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leva [86]
2 years ago
14

A new surgical facility called Cut & Sew is opening in neighborhoods throughout the United States. They are job shops that h

andle a variety of outpatient surgical procedures. Their process is set up so that one doctor cuts and the other sews. They have five patients to sequence for tomorrow. Since the weather forecast is for a cool and sunny day, they would also like to play golf tomorrow. They want to sequence their patients with the objective of minimizing the time from the beginning of the first job until the finish of that job. The patients and estimated times are as follows:
Patient Cut Time (hours) Sew Time (hours)
A 2.3 2.8
B 2.5 3
C 2 1.5
D 0.6 1
E 3.6 2.6

Sequence the patients using Johnson's Method, state the schedule for each operation, and determine the minimum makespan.
Business
1 answer:
Anna71 [15]2 years ago
8 0

Answer:

Sequence: D| A| B| E| C|

Makespan = 14.1 hours.

Explanation:

Solution: We are asked to use Johnson's Method to sequence the patients and to determine the minimum makespan.

In Johnson's Method of sequencing, there are some conditions which must be met in order to solve this questions which are as follows:

1. Constant time for jobs, no variation.

2. No job priorities.

3. Jobs will go through from machine 1 to machine 2.

Keeping all those conditions in mind, let's start sequencing by Johnson's method.

Sequence:

                                    D| A| B| E| C|

Hence, this is the sequence to reduce the total time efficiently to perform all the jobs.

Rules to do sequencing:

First of check the number of jobs, here in our case, we have 5 jobs. So create a line of 5 boxes.

Secondly, you have check the data, check for the job and the machine which gives minimum time. If machine 1 (which is  Patient cut) gives minimum job time, then write it on the left most box and proceed towards right if other minimum times are also from machine 1. Otherwise, if machine 2 gives minimum job time for a particular job then write in the right most box and so on. Here you can see, Job C and Machine 2 gives the minimum job time, that is why I have put it on the right most box. Now, after including C, you cannot repeat job C. Moreover, you can see, Job D machine 1 gives minimum time, that is why wrote it in the left most box.

Hope, you have understood the method.

Let's Calculate the Makespan for this.    

Makespan: It is basically the total elapsed time from the start of job 1 to the end of job 5.

I have attached a table showing the starting and ending of each job and hence calculating the makespan. Please refer to the attachment.

Makespan = 14.1 hours.

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Answer:

Cost of equity, re= 0.098356 or 9.84 %

Explanation:

D1 = $ 1.25

P0 = $ 27.50

gL = 5 % = 0.05

F = 6 % = 0.06

Cost of equity, re can be calculated using the formular below:

Cost of equity, re = D1/ {P0 x (1- F)} + gL

                             = $ 1.25 / {$ 27.50 x (1- 0.06)} + 0.05

                             = $ 1.25 / ($ 27.50 x 0.94) + 0.05

                             = $ 1.25 / 25.85 + 0.05

                           = 0.048356 + 0.05

Cost of equity, re= 0.098356 or 9.84 %

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2 years ago
Sharp Company manufactures a product for which the following standards have been set: Standard Quantity or Hours Standard Price
marin [14]

Answer:

1a) Actual Cost per foot = 6$

1b) Materials Price variance = 7530

1b) Spending Variance = 10830

2a) Standard Rate = 7.5 USD

2b) Standard Hours = 4804 hours

2c) Standard hours allowed = 2.09

Explanation:

As usual, let's sort out the data given:

1. For direct materials:

a) Compute the actual cost per foot of materials for March.

For actual cost per foot for materials for march. We need to find the actual quantity first. so, we will come back to it.

Data Given:

Units Produced = 2,290

Standard Quantity for Direct material = 3 feet

Standard Quantity for Direct materials = 3 x 2,290 = 6870 feet

Standard Price per foot = 5 USD

Standard Total Units =  6870

Total Price = 5 x 6870 = 34350 USD

But

Actual Price = unknown

Actual Quantity = Unknown

Actual Cost = 45,180$ company purchased the direct materials at that cost.

Material Quality Variance = Standard Price x (Actual Qty - Standard Qty)

Here in this equation, we know all the quantities except Actual Qty. let's make it subject to calculate it.

Actual Qty = 3,300/$5 + 6870

Actual Qty = 7,530

Now, as we have Actual Quantity, we can calculate the part a of part 1.

So, let's calculate a.

a) a) Compute the actual cost per foot of materials for March.

Actual cost per foot = Direct Material Cost / Actual Qty

Actual Cost per foot = 45,180/7530

Actual Cost per foot = 6$

Let's move on to part 1 b.

b) Compute the price variance and the spending variance.

Formula to calculate the Materials Price Variance is as follows:

Materials Price Variance = Actual Qty x( Actual Price - Standard Price)

Materials Price Variance = 7530 x ( 6 - 5)

Materials Price variance = 7530

Now, we have to calculate the spending variance and the formula is as follows:

Spending Variance = (Actual Price x Actual Qty) - (Standard Qty x Standard Price)

Spending Variance = (6 x 7530) - ( 6870 x 5)

Spending Variance = 10830

Let's move on to part 2 a.

a) Compute the standard direct labor rate per hour:

Formula :

Labor rate variance = (Standard Rate - Actual Rate) x Actual Hours

Labor rate variance = Labor spending variance - Labor efficiency variance

Labor rate variance =   3130 - 780 = 2350

In this equation, we know all the quantities but we have to find Standard rate so make it subject.

Standard Rate = 2350/4700 + 7

Standard Rate = 7.5 USD

b. Compute the standard hours allowed for the month’s production.

Labor Efficiency Variance = Standard rate x ( Actual hours - Standard Hours)

In this part, we need to find the standard hours.

let's make it the subject.

Standard hours = 780/7.5 + 4700

Standard Hours = 4804 hours

c. Compute the standard hours allowed per unit of product.

Standard hours allowed can be found by plugging in the values in the following formula.

Formula:

Standard hours allowed = Standard hours / units produced

Standard hours allowed = 4804/2,290

Standard hours allowed = 2.09

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Thinking back to the "Going on a Business Trip to China" case study below, does Judith demonstrate cultural intelligence? Yes or
djverab [1.8K]

Answer:

Consider the following explanation

Explanation:

I imagine that the social cultural measurement that can clarify this circumstance and how it played out is decisiveness. I imagine that emphaticness was utilized and can help this clarification since confidence is characterized as "managing the level of encounter and straightforwardness that is fitting and beneficial."

Now to China and Bo Chen, this could have come as being commonplace since they have a low-decisiveness culture contrasted with different nations. At the point when Judith calls him "Bo" rather than "Mr. Chen" it can be clarified as an indication of ease and put stock in originating from Judith. Individuals and societies with low confidence frequently utilize delicate and lovely dialect and stress correspondence and utilize agreeable dialect, for example, they did here.

The best social measurement & cultural dimension that best clarifies this circumstance is future introduction (FO). Future introduction is characterized as "includes how much societies will forfeit current needs to accomplish future needs."

For this particular circumstance, the organization Judith works for is seeking after a long haul association with Bo Chen's organization (Shunde Manufacturing Company). In doing as such, she needs to wind up versatile and trusted by Chen's organization, so the toast is an indication of regard despite the fact that her primary objective is to get serious, this a stage in traveling that way.

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2 years ago
When Home Depot stores entered the Canadian market, there were already stores providing similar services and products. To get pe
nasty-shy [4]

Answer:

When Home Depot stores entered the Canadian market, there were already stores providing similar services and products. It employed Competitive effect To get people to try Home Depot by deliberately selling merchandise below the price that the Canadians did.

Explanation:

The competitive effect is the concept that allows a certain individual or organization to become attractive to customers under a scenario of pre-established markets by reducing its cost or prices making the organization competent in the market by driving the rest of the organizations in the industry compete with their costs or prices.

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2 years ago
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Lilit [14]

Answer and Explanation:

1)

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2)

SALES

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CREDIT 60 % OF PREVIOUS MONTH $ 382,200

RAW MATERIAL

RAW MATERIAL PURCHASES COST

40 % PAID NOW JULY $260900 $ 104,360

60 % PREVIOUS MONTH JUNE $ 159980 $ 95,988

LABOR

$12 PER HOUR * (24980 * 2)$ 599,520

VARIABLE EXPENSES $ 37,400

($1.70 * 22000)

FIXED EXPENSES $ 61,000

CASH INFLOW $ 99,932

3)

SALES IN JULY $ 1,540,000

60 % OUTSTANDING $ 924,000

4) 2980 UNITS SHOULD BE PRODUCED

JUNE JULY AUGUST SEP

SALES UNIT 9100 22000 24000 25000

CLOSING UNITS4400 4800 5000 -

20% OF NEXT MONTH SALE

OPENING UNITS - 1820 4400 4800

20% OF PREVIOUS MONTH SALE

FINISHED GOODS REQUIRED

13500 24980 24600 20200

SALES + CLOSING - OPENING

RAW MATERIAL REQUIRED

54000 99920 98400 80800

FINISHED GOODS REQUIRED * 4

CLOSING UNITS9992 9840 8080 -

10% OF NEXT MONTH NEEDS

OPENING UNITS - 5400 9992 9840

10% OF PREVIOUS MONTH NEEDS

RAW MATERIAL PURCHASES

63992 104360 96488 70960

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