DRILL is a company specialized in the design and fabrication of oil drilling rigs. The sales department just received two orders from two companies A and B. The production manager of DRILL decided to deliver the first 3 fabricated rigs to Company A and the next 4 fabricated rigs (rigs 4 to 7) to company B. It took DRILL
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Ma1.
DRILL is a company specialized in the design and fabrication of oil drilling rigs. The sales department just
received two orders from two companies A and B. The production manager of DRILL decided to deliver the
first 3 fabricated rigs to Company A and the next 4 fabricated rigs (rigs 4 to 7) to company B. It took DRILL
company 50,000 labor-hours to manufacture the first oil drilling rig. Assume that DRILL experiences a
learning rate of 90%. At a labor rate of $100 per hour, what is the labor cost that should be charged
to each company (A&B)?
Step by step
Solved in 2 steps
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- THE PRIMER INC.Primer Inc. offers plumbing and air conditioning services to customers in Kumasi, Ghana. Thecompany’s product strategy is to solve the customer’s problem irrespective of what it takes, at thetime the customer needs it solved. The company provides same day service for customers, and theaim is to make the customer happy before leaving.The services of the company are available 24 hours a day, 7 days a week for customers. There isno extra charge for requests made on holidays, odd hours of the day, or in festive seasons. Thecompany aims to be available at the call of customers without charging a pesewa extra, even attimes when rival firms won’t get out of bed.The company fixes the price of the service before it begins, and customers can be assured of noextra charges. Irrespective of the customer’s location in the city, Primer Inc. does not chargeadditional fees for transportation. For all services, the company provides a one year guarantee onall parts and labour used, whiles…THE PRIMER INC.Primer Inc. offers plumbing and air conditioning services to customers in Kumasi, Ghana. Thecompany’s product strategy is to solve the customer’s problem irrespective of what it takes, at thetime the customer needs it solved. The company provides same day service for customers, and theaim is to make the customer happy before leaving.The services of the company are available 24 hours a day, 7 days a week for customers. There isno extra charge for requests made on holidays, odd hours of the day, or in festive seasons. Thecompany aims to be available at the call of customers without charging a pesewa extra, even attimes when rival firms won’t get out of bed.The company fixes the price of the service before it begins, and customers can be assured of noextra charges. Irrespective of the customer’s location in the city, Primer Inc. does not chargeadditional fees for transportation. For all services, the company provides a one year guarantee onall parts and labour used, whiles…If a production facility equipment runs for l0 hours and must be idlefor four hours while being cleaned. lts plants operate dayand night, all week long. What are the implications for thecompany's purchasing, inventory control, scheduling, andquality control functions?