Hours ve time 2.4 it time 29.2 eue time 12.5 rocess time 0.6 mspection time 0.3 The times recorded for a particular order appear below: delivery cycle time was: (Round your intermediate calculations to 1 decimal place.)
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- Roman Corporation keeps careful track of the time required to fill orders. The times recorded for a particular order appear below: Hours Move time 3.3 Wait time 11.0 Queue time 5.2 Process time 1.3 Inspection time 0.3 The throughput time was: Multiple Choice 16.2 hours 10.1 hours 21.1 hours 4.9 hoursFor a typical order, assume the following times (in hours): storage time (in between processes), 4.0; inspection time, 2.0; move time (from process to process), 3.0; and manufacturing (processing) time, 6.0. Given this information, what is the manufacturing cycle efficiency (%)? (Hint: Refer to Exhibit 14.14.) (Round your answer to 1 decimal place. (e.g., 32.463% = 32.5%))For a typical order, assume the following times (in hours): storage time (in between processes),5.0; inspection time, 1.0; move time (from process to process), 2.0; and manufacturing (processing) time, 8.0. Given this information, what is the manufacturing cycle efficiency (%), roundedto 1 decimal place (e.g., 45.156% = 45.2%)? (Hint: Refer to Exhibit 14.14 and accompanyingdiscussion.)
- Novex company keeps track on time related to orders and their production. During the mostrecent quarter, the company recorded the following average times for each unit or order. 22 | P a g ea) Wait time: 18 hoursb) Inspection time: 0.5 daysc) In Process time: 2 daysd) Move time: 0.6 dayse) Queue time: 5 daysOnce production is finished, goods are shipped. Calculate the manufacturing cycle time.Consider the following information: Suppliers’ payment period 40 days Receivables’ collection period 40 days Finished goods holding period 15 days Work – in progress holding period 10 days Raw materials inventory holding period 20 days a) what is the operating cycle? Select one: A. 75 days B. 85 days C. 70 days D. None of the aboveRefer to the information for Farnsworth Company (p. 139) for the first 10 months of data on receiving orders and receiving cost. Now suppose that Tracy has gathered 2 more months of data: Note: For the following requirements, round the intercept terms to the nearest dollar, round the variable rates to the nearest cent, and R2 to two decimal places. Required: 1. Run two regressions using a computer spreadsheet program such as Excel. First, use the method of least squares on the first 10 months of data. Then, use the method of least squares on all 12 months of data. Write down the results for the intercept, slope, and R2 for each regression. Compare the results. 2. CONCEPTUAL CONNECTION Prepare a scattergraph using all 12 months of data. Do any points appear to be outliers? Suppose Tracy has learned that the factory suffered severe storm damage during Month 11 that required extensive repairs to the receiving areaincluding major repairs on a forklift. These expenses, included in Month 11 receiving costs, are not expected to recur. What step might Tracy, using her judgment, take to amend the results from the method of least squares? 3. CONCEPTUAL CONNECTION Rerun the method of least squares, using all the data except for Month 11. (You should now have 11 months of data.) Prepare a cost formula for receiving based on these results, and calculate the predicted receiving cost for a month with 1,450 receiving orders. Discuss the results from this regression versus those from the regression for 12 months of data.
- Kedah company agreed to deliver the goods to the requesting party on a due date of 28 hours from the working day. If you know that the work flow time in the machine is 9 hours using the FCFS rule, calculate the delay time?Create a two-variable data table as follows to provide the comparison that Liam requests: a)In cell A12, enter a formula without using a function that references the Monthly_Payment amount (cell D6) because Liam wants to compare the monthly payments. b) Based on the range A12:D25, create a two-variable data table that uses the term in months (cell D5) as the row input cell and the rate (cell D4) as the column input cell.Phone calls arrive at the rate of 48 per hour at the reservation desk for Regional Airways. (Round your answers to four decimal places.) If no calls are currently being processed, what is the probability that the agent can take 2 minutes for personal time without being interrupted by a call?
- Copper Mountain Company has accumulated the following dataover a six-month period: Indirect Indirect Labor Hours Labor CostsJanuary . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 400 $ 6,000February . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 500 7,000March . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 600 8,000April . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 700 9,000May . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 800 10,000June . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 900 11,000 Totaling 3,900 $51,000 Using the above data and plot the graph:1. Plot the…Answr with in a hour for upvotesGolding Bank provided the following data about its resources and activities for its checking account process: Required: 1. Calculate the capacity cost rate for the checking account process. 2. Calculate the activity rates for the four activities. If the total number of statements issued was 20,000, calculate the cost of the issuing statements activity. 3. What if process improvements decreased the number of customer inquiries, leading to a 10 percent reduction in check processing hours and a 10,000 reduction in total resource costs? Update all the activity rates for these changes in operating conditions.