8.7%
$26,000 x .085 x 115/360 = $705.97
$26,000 - $705.97 = $25,294.03
$25,294.03 x 115/360 = $8080.04
$705.97/$8080.04 = 8.7%
Answer:
Answers for related statements are given below.
Explanation:
1.
Corporation
2. Is
3. Smith services
4. Did
5.
Was and was not
6.
Was
7.
Limited
8. Their investment in the corporation
9. Lost
lo. Might
11.
Pierce the corporate veil
12.Abused and indistinguishable
13.Does not appear
14.Does not appear and does not appear
15.Is no and is no
16.
Should not
Answer:
a) 2,093
b) It will reorder once there are 420 units left (demand during lead-time)
c) 34 days
Explanation:
a) economic order quantity
<u>Where:</u>
D = annual demand = 21,900
S= setup cost = ordering cost = 50
H= Holding Cost = 0.50
EOQ = 2092.844954
b) it takes four days to arrive:
if it sale 420 units per week then:
420 x 4/7 = 240 units are demand during delivery
c) order cycle:
EOQ / Annual Demand
2,093 / 21,900 = 0,09557 x 365 = 34.8333 days
It will order every 34 days (if it orders after 35 days will face shortage)
Answer:
Given: Total shift time = 8 hours = 8 * 60 = 480 minutes
time required for production of one saw = 6 minutes
Demand for Bow saw = Demand for frame saw = Demand for dovetail saw = 1/2 * Demand of Tenon saw
a) Mixed model schedule:
Mixed model schedule
Product no. per batch
Bow Saw 1
Frame Saw 1
Dovetail Saw 1
Tenon Saw 2
Total 5
Therefore 2 Tenon Saw, and each bow, frame, and dovetail saws will be produced before the cycle is repeated.
b) 2 Tenon Saw, 1 bow, 1 frame, and 1 dovetail saws will be produced under production sequence for one unit production.
The length of cycle will be 5*6=30 minutes i.e. the cycle will repeat once in 30 minutes for 8 hours means totally it will repeat 16 times during one shift.
c) Number of saws Swenson produce in one shift = Number of Bow saw Swenson produce in one shift + Number of Frame saw Swenson produce in one shift + Number of Dovetail saw Swenson produce in one shift + Number of Tenon saw Swenson produce in one shift
Explanation:
