Consider a process with a unit cost of $40 for the first unit; that is c (1) = 40, a learning rate of LR = 0.9. What will be the unit costs for the 16th unit? Talisay
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Consider a process with a unit cost of $40 for the first unit; that is c (1) = 40, a learning rate of LR = 0.9. What will be the unit costs for the 16th unit? Talisay
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- If you know that with 10 units of output, average fixed cost is OMR 22.50 per unit and average variable cost is OMR 51.25 per unit, then average cost of each unit is: a. OMR 73.75. b. OMR 225. c. OMR 512. d. OMR 28.75.The average labor cost per unit for the first batch produced by a new process is P120. The cumulative average labor cost after the second batch is P72 per product. Using a batch size of 100 and assuming the learning curve continues, the total labor cost of four batches will be: P4,320 P2,592 P17,280 P10,368The cumulative average labor hours to assemble the first five units of product A were 15.882 hours. If the learning curve, based on the previous experience with similar products, is 85%, what is the estimated time (labor hours) that will be required to assemble the 20th unit?
- The cost of producing a certain commodity of P45.00 per unit for labor and material cost and P15.00 per unit for other variable cost. The fixed cost per month amounts to P450,000. If the commodity is sold at P250.00 each, what is the break-even quantity?A semiautomatic process has fixed costs of $40,000 per year and variable costs of $30 per unit. An automatic process has fixed costs of $88,000 per year and variable costs of $22 per unit. At what production level per year will the two alternatives break even?The manufacturer produces certain items at a labor cost per unit of 315, material cost per unit is P 100, variable cost of P 3.00 each. If the item has a selling price of P 995, how many units must be manufactured each month for the manufacturer to break-even if the monthly overhead is P 461,600?
- The cumulative average labor hours to assemble the first five units of product A was 15.901 hours. If the learning curve, based on the previous experience with similar products, is 85%, what is the estimated time (labor hours) that will be required to assemble the 15th unit? The number of labor hours required to assemble the 15th unit is ? hours. (Round to one decimal place.)A linear programming computer package is needed. Georgia Cabinets manufactures kitchen cabinets that are sold to local dealers throughout the Southeast. Because of a large backlog of orders for oak and cherry cabinets, the company decided to contract with three smaller cabinetmakers to do the final finishing operation. For the three cabinetmakers, the number of hours required to complete all the oak cabinets, the number of hours required to complete all the cherry cabinets, the number of hours available for the final finishing operation, and the cost per hour to perform the work are shown here. Cabinetmaker 1 Cabinetmaker 2 Cabinetmaker 3 Hours required to completeall the oak cabinets 50 42 30 Hours required to completeall the cherry cabinets 60 48 35 Hours available 40 30 35 Cost per hour $36 $42 $55 For example, Cabinetmaker 1 estimates it will take 50 hours to complete all the oak cabinets and 60 hours to complete all the cherry cabinets. However, Cabinetmaker 1 only…A bicycle component manufacturer produces hubs for bike wheels. Two processes are possible for manufacturing, and the parameters of each process are as follows: Assume that the daily demand for hubs allows all defect-free items to be sold. Additionally, defective hubs cannot be sold and their material cannot be recovered anymore. Find the process that minimizes the total cost per piece if each part is made from $4 worth of material. Both processes are fully automated, and the variable overhead cost is charges at $40 per hour.
- The cost of producing a small transistor radio set consists of ₱23.00 for labor and ₱37.00 for materials. The fixed charges in operating the plant are ₱100,000 per month. The variable cost is ₱1.00 per set. The radio set can be sold for ₱75.00 each. Determine how many sets must be produced per year to break-evenFor the production of part R-193, two operations are being considered. The capital investment associated with each operation is identical. Operation 1 produces 2,000 parts per hour. After each hour, the tooling must be adjusted by the machine operator. This adjustment takes 20 minutes. The machine operator for Operation 1 is paid $20 per hour (this includes fringe benefits). Operation 2 produces 1,750 parts per hour, but the tooling needs to be adjusted by the operator only once every two hours. This adjustment takes 30 minutes. The machine operator for Operation 2 is paid $11 per hour (this includes fringe benefits). Assume an 8-hour workday. Further assume that all parts produced can be sold for $0.40 each. Should Operation 1 or Operation 2 be recommended?A rotational molding operation has fixed costs of $10,000 per year and variable costs of $50 per unit. If the process is automated via conveyor, its fixed cost will be $22,800 per year but its variable cost will be only $10 per unit. Determine the number of units each year necessary for the two operations to break even
