412-Krooks-HW3

HW1 Q1 Consider the emergency department of a hospital that operates as follows: Upon arrival, patients first wait in line for registration. Then, after registration, patients wait to see a triage nurse who classifies them as either critical or non-critical. After the triage nurse, critical patients go to the emergency care area waiting to be seen by a doctor while non-critical patients go to the routine care area where they wait to see a doctor. It is determined that there are, on average, 20 patients registering or waiting to be registered, 5 patients being seen or waiting to be seen by the triage nurse, 15 critical patients being seen or waiting to be seen by a doctor in the emergency area, and 20 non-critical patients being seen or waiting to be seen by a doctor in the routine care area, Assuming that 20 patients arrive every hour and that 75% of the patients are non-critical, how many minutes does a patient spend on average in the emergency department of the hospital? Average time…

Explain or define each of these terms:c. Expected value

17-36 Weighted-average method. Larsen Company manufactures car seats in its San Antonio plant. Each car seat passes through the assembly department and the testing department. This problem focuses on the assembly department. The process-costing system at Larsen Company has a single direct-cost cat- egory (direct materials) and a single indirect-cost category (conversion costs). Direct materials are added at the beginning of the process. Conversion costs are added evenly during the process. When the assembly department finishes work on each car seat, it is immediately transferred to testing. Larsen Company uses the weighted-average method of process costing. Data for the assembly depart- ment for October 2017 are as follows: Physical Units (Car Seats) Direct Conversion Materials $1,250,000 Costs $ 402,750 Work in process, October 1 Started during October 2017 Completed during October 2017 Work in process, October 31b Total costs added during October 2017 5,000 20,000 22,500 2,500…

Subject:- accounting

Volumetric Glassware: Utility and Calibration (Dry Lab) Table B1: Calculation of a 100-mL Volumetric Flask. temperature of the Distilled H2O (°C) 27 density of distilled H2O at calibration temperature mass (g) of volumetric flask + distilled H₂O Trial 1 198.5893 Trial 2 198.6114 Trial 3 mass (g) of dry volumetric flask 98.6563 98.7503 198.6001 98.7145 mass (g) of distilled H₂O m true g calculated volume of water dispensed, cm³ corrected volume, V20 °c, cm³ average corrected volume, V20 °C, cm³ standard deviation (4 sig figs) %RSD (2 sig figs)

Scenario 3: Falsifying Attendance Jason, a Junior System Administrator with the Management Information Systems Department, clocked in 4 minutes and 27 seconds late for work this morning. While he won’t get fired for it, being late this once means that he will not receive the perfect attendance incentive which he needs to make ends meet, given his daughter’s recent series of hospitalizations. It’s not that Jason didn’t make an effort to be there on time. He actually arrived in the office five minutes early but was unable to clock in immediately because his direct superior, Raffy, asked him for an informal project progress report as soon as he walked in the door. As a Junior System Administrator, Jason has access and the capability to edit the company’s attendance records. He figures that since he was unable to punch in only because of his boss, it wouldn’t hurt to edit the timestamp on his attendance for today. What is the Business Ethics Principles that suit to this case study?…

Ch 11 Q10

Question number : 3   Effectve Enterprise Resource planning strategies are crucial for supply chain managment On the basis of online data availability, select any organization and analyze its Enterprise Resource planning implementation and execution stragtegies  Length of the answer Between 200 and 225 words Marks distribution of the question is as follows: Originality: 3 References: 1 Analysis of   Enterprise Resource planning implementation and execution stragtegies of the selected firm: 6

do fast currect answer

Tica (Pty) Limited manufactures and sells combined fax and telephone answering machines.  In order to tender for a specific contract, the technical team of the company has developed a new model called FINO.  To date, two units of FINO have been manufactured and are being used as demonstration models.   The following information is available: Direct labour hours taken to manufacture the first two units: Hours First unit                                60             Second unit                           48 The following average direct variable costs relate to the manufacture of the first two units of FINO: R/unit Material                                              620 Labour                                                440Variable overheads                         324                                                      1384 ·         Since the first two units were manufactured, material costs have increased by 10% and labour costs by 5%. ·         Variable overheads – variable per…

Problem 6-2 (Algo) Rachel loves to bake cookies, but she has an old oven that has trouble maintaining a constant temperature. If the acceptable temperature range for making the cookies is 350 plus or minus 10 degrees, what is the allowable standard deviation in the temperature of her oven in order to achieve a Six Sigma level of quality? Note: Round your answer to 3 decimal places. Standard deviation degrees

Daily high temp in st louis for the last week were as follows: 93,92,94,95,88,95 (yesterday) a)The high temp for today using a 3-DAY moving average=[__] degrees (round your response to one decimal place)

Q2

#4- The mean number of air conditioning units assembled per month by Freeze, Inc. is 750 and the standard deviation is 100 units. a. If the number of air conditioning units assembled per month follows a normal distribution, calculate the probability of Freeze, Inc to assemble a quantity of air conditioning units greater than the monthly break-even point calculated in problem 3-a. b. An improved assembling process is proposed to Freeze, Inc. to reduce the variable cost from $500 per unit to $400 per unit., increase the mean number of air conditioning units assembled per month from 750 to 850 and reduce the standard deviation to 90 units. As a result of the improvements, monthly fixed costs would go up from $250,000 to $300,000. Once these improvements are implemented, calculate the new number of air conditioning units that Freeze Inc. must sell every month to break-even, discuss and justify if you would recommend the process improvement initiative. c. If the number of air conditioning…

A bicycle component manufacturer produces hubs for bike wheels. Two processes are possible for manufacturing, and the parameters of each process are as follows: Process 1 Production rate Daily production time Process 2 35 parts/hour 4 hours/day 20% 15 parts/hour 7 hours/day 9% Percent parts rejected Assume that the daily demand for hubs allows all defect-free hubs to be sold. Select the process that maximizes profit per day if each part is made from $4 worth of material and can be sold for $30. Both processes are fully automated, and variable overhead cost is charged at the rate of $40 per hour.

Explain or define each of these terms:d. Expected value of perfect information

The director of surgery at a local hospital is interested in understanding his unit’s costs. An assistant collected data for the past 36 months on unit cost (labor, supplies, and so on) along with the number of procedures performed in the unit. The assistant analyzed the data using a spreadsheet program, and the following output was generated.          Equation       Intercept $ 1,013,000   Coefficient on procedures $ 210   Statistical data       Correlation coefficient   0.553   R2   0.303     The unit is planning to perform an average 13,500 procedures per month for the coming year.  Required: a. Use the regression output to write the surgical unit cost equation. b. Based on the cost equation, compute the estimated costs for the surgical unit per month for the coming year. c. The director of surgery has asked you for advice on whether he should rely on the estimate.

1. (First System) A crew of mechanics at the NCDOT repair NCDOT vehicles that break down at an average rate of λ = 4 vehicles per day.  The crew can service an average of µ = 5 vehicles per day.  The crew cost is $400 per day.  A bureaucrat in Raleigh has determined the cost associated with lost productivity due to breakdowns is $300/day.  (This includes the entire time the vehicle is unavailable—from the time it breaks down until the time it is back on the road.) 2. (Second System)  This same bureaucrat thinks it would be a good idea to have two repair crews instead of one.  Vehicles still break down at the same rate of 4/day.  Each crew can still service 5 /day.  Assume that each crew handles half of the breakdowns.  Each crew costs $400/day.  The cost associated with the lost productivity of an idle vehicle is still $300/day. Which system do you recommend and why?

B. Product Yield. Record the following data and compute for the product yield. Weight of meat before processing 1.00 kg Weight of finished product (tocino) 1.25 kg Product Yield

17. Services differ from manufactured products in four ways. Intangibility, Inseparability, Perishability and ? A. Homogeneity B. Heterogeneity C. Intractability D. Invisibility E. None of the above 18. The implications of low volume production include the following except a) Low unit cost b) Less systematization c) Low repetition d) Each staff performs more of jobs e) None of the above

Problem 13-4 (Algo) There is a 3 percent error rate at a specific point in a production process. If an inspector is placed at this point, all the defects can be detected and eliminated. The inspector would cost $11 per hour and could inspect units in the process at the current production rate of 52 per hour. If no inspector is hired and defects are allowed to pass this point, there is a cost of $12 per defective unit to correct the defects later on. Assume that the line will operate at the same rate (i.e., the current production rate) regardless of whether the inspector is hired or not. a. If an inspector is hired, what will be the inspection cost per unit? (Round your answer to 3 decimal places.) Cost per unit b. If an inspector is not hired, what will be the defective cost per unit? (Round your answer to 3 decimal places.) Cost per unit

4. CWD Business systems maintains a successful Telecom sales department for Top up call credit in which a clerk takes orders by telephone. If the clerk is occupied on one line, incoming phone calls to the department are answered automatically by an answering machine and asked to wait. As soon as the clerk is free, the party that has waited the longest is transferred and answered first. Calls come in at a rate of about 15 per hour. The clerk is capable of taking an order in an average of 3 minutes. Calls tend to follow a Poisson distribution, and service times tend to be exponential. The clerk is paid $15 per hour, but because of lost goodwill and sales, CWD loses about $30 per hour of customer time spent waiting for the clerk to take an order. Part B CWD is considering adding a second clerk to take calls. The store would pay that person the same $15 per hour. Using appropriate formula for the multiple channel model, answer the following questions: a. What is the probability that no…

Calculate the number of years until the book value of the boat is $43500

← 10:36 A-✔ MM.. +20 111 111 2010 Yesterday, 19:42 4a) The marketing and sales team for Dapple Corporation feel there is room in the market to introduce alternative designer branded merchandise into its range of laptops. This would mean outsourcing the manufacturing of accessories such as laptop covers. Due to the quick response times required to meet the demands of Dapple's customer orders, the designer brand manufacturer is proposing to set up a new manufacturing business unit close to Dapple Corporation to produce six new designs for designer laptop covers. Operations and purchasing are not convinced this arrangement will be cost effective and so wish to conduct a breakeven analysis of the situation to ensure the designer brand manufacturer's operation is profitable. The fixed costs for rent and labour are £5,000 per month. The Forecasted Sales Price, Variable Cost and Forecasted Monthly Sales Quantity for the six new products are given in Table 3 below. ITEM i Sales Price, S…

Difference between the actual value and the value that was predicted for a given period.

Problem 2: Customer complaints Each question in this problem (Q5-Q8) consists of a customer complaint. From the options below, indicate which dimension of customer utility each complaint relates to. Ease of use Timing  Fit Convenience Durability Location Affordability  Performance Reliability Aesthetics   Question 5 “I had to spend 27 minutes on hold before talking to an agent”. Question 6 “This car is not fuel efficient at all." Question 7 “When I needed a restroom in the amusement park, I had to walk almost a mile." Question 8  “I had this suit tailored for me, but now I realize that the shoulders are too wide."

5.9)

A loan processing operation at a local bank processes an average of 7 loans per day. The operation has a design capacity of 10 loans per day and an effective capacity of 8 loans per day. What is the utilization of the processing operation? Select one: a. 100.0% b. 87.5% c. 70.0% d. 80.0% Warranty expense, the cost that a business incurs for the repair or replacement of goods that has sold, is an example of which of the following? Select one: a. Internal failure cost b. Appraisal cost c. Prevention cost d. External failure cost