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ICE Princess25 [194]
1 year ago
7

A steel manufacturing firm with about 1,000 employees operates in an environment that is simple and integrated (it makes a small

number of steel products to a few key customers) but also dynamic and hostile (rapidly changing technology and customer needs with many competitors). Based on the environment in which this company operates, it would be more successful with a(n):
A) matrix structure.
B) organic structure.
C) divisional structure.
D) mechanistic structure.
E) centralized structure.
Business
1 answer:
Mice21 [21]1 year ago
5 0

Answer:

B) organic structure.

Explanation:

Organic structure -

It is a flat organization which enables communication and interactions .

This structure is decentralized , which give all the employee to participate in the process of decision making .

This structure enables to establish the hierarchy in the organisation and increases the flow of work .

Hence , the most apt plan to be successful for the steel manufacturing firm is the B) organic structure .

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It takes 3 minutes to load and 2 minutes to unload a machine. Inspection and packing times total 1 minute; travel between machin
oksano4ka [1.4K]

Answer:

(a) The ideal machine assignment time is 7 minutes

(b) Duration of the repeating cycle is 25 minutes. Yes, there will be idle operator time of 7 minutes

(c) Cost per unit produced if three machines are assigned to an operator is $13.88 per unit

Explanation:

Loading = 3 minutes

Unloading = 2 minutes

Run time = 20 minutes

Inspection and packing times = 1 minute

Operators cost $10 per hour

Machines cost $30 per hour

(a) Ideal machine assignment = Machine cycle time ÷ Operator time per machine

Here, Machine cycle time = run time + load time + unload time

= 20 + 3 + 2

= 25  minutes

Operator time per machine = load time + unload time + inspection and packing time = 3 + 2 + 1 = 6

Hence, Ideal machine assignment = 25 ÷ 6 = 4.166=4.17 machine

(b) The number of machine assigned is less than ideal machine assignment hence, Operator will be idle.

Duration of repeating cycle = loading time + unloading time + machine run time = 3+2+20 = 25 minutes

Idle operator time = Cycle time - (number of machines assigned × (load time+ unload time+ inspection and packaging time))= 25- [3×(3+2+1)]

=25-18

=7 minutes

(c) Total cost of per unit produced = ((cost per operator hour + number of machines assigned × cost of per machine hour) × ((loading & unloading time + machine run time)÷60) )) ÷ number of machine

=( (10+[3×30]) × ((3+2+20) ÷ 60)) ÷ 3

=(100 × .416) ÷ 3

= 25 ÷ 3

= $13.88 per unit.

0 0
2 years ago
Kawasaki Company incurred the following unit costs in manufacturing digital cameras: Direct Materials $14 Indirect Materials (va
Shtirlitz [24]

Answer:

Unitary variable cost= $42

Explanation:

Giving the following information:

Direct Materials $14

Indirect Materials (variable) $4

Direct Labor $8

Indirect Labor (variable) $6

Other Variable Factory Overhead $10

During the period, the company produced and sold 1,000 units.

Under the variable cost method, the product cost is calculated using direct material, direct labor, and variable overhead:

Unitary variable cost= 14 + 8 + (4 + 6 + 10)= $42

0 0
1 year ago
Miranda purchased 425 shares of Dagofi Radar stock at $14.15 apiece. She earns $374.00 in dividends every year. What is the yiel
rodikova [14]
We are asked to evaluate the yield of the whole stock, not just one share. We have that Miranda has paid in total 425*14.15=6013.75$ to acquire the shares (total stock). The yield of an asset is its profit per year over its cost. In this specific case, we have that the yield is 374/6013.75. The result of this calculation is choice a.
7 0
1 year ago
Read 2 more answers
Purdum Farms borrowed $16 million by signing a five-year note on December 31, 2017. Repayments of the principal are payable annu
irina [24]

Answer:

Current liabilities   $3.2 million

long-term liabilities =$16 million-$3.2 million-$3.2 million=$9.6 million

Explanation:

The amount classified as current liabilities as at 31st December 2018 is the portion of the loan repayable within a year,that the repayment due at 31st December 2019 which is $3.2 million.

The amount to be classified as long term liabilities is the balance of the loan after having taken out the payment in year 1 as well as the repayment to be made in year 2

5 0
1 year ago
Matt wants to attend a university in California and is waiting to hear back from schools where he has applied. He has filled out
Andreyy89

Answer:

Getting a work-study job

Working at an on-campus job

Explanation:

The first option that will meet Matt's needs is to get a work-study job. A work-study job is like a financial aid program available in the universities to help students out of their financial needs. Work-study job is a part-time job that will enable Matt to work while studying at the University in California. It allows Matt to engage in a part-time job for some hours a week during his free time, like 20 hours a week while he studies in school and earns some money to subsidize the cost of his studies since Matt wants to avoid paying debt once he is out of school.

A work-study job is the best option for Matt's finance position because it will provide financial assistance for the cost of his education.

The other option for Matt is to work at an on-campus job. This is almost the same as a work-study job because it is a part-time job and carried out only in his free time. It is a part-time job done by students in the university while studying to help their financial needs. The only difference with the work-study job is that the job here will only be done on campus, unlike work-study job which can be done outside the campus. Here Matt will have to get a part-time job on campus and not outside the campus.

7 0
1 year ago
Read 2 more answers
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