If Toyota Motor Company receives an order on May 4, begins production on May 17, and ships the order on May 19 immediately following production, then what is the manufacturing cycle efficiency (MCE) ratio? (Enter your answer as a whole number.)
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If Toyota Motor Company receives an order on May 4, begins production on May 17, and ships the order on May 19 immediately following production, then what is the manufacturing cycle efficiency (MCE) ratio? (Enter your answer as a whole number.)
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- Answer the following questions using the Answer Report and the Sensitivity Report on the following page. Support your answers with explanations and the work showed.Your run a company that produces three electrical products – clocks, radios, and toasters. You are asked to figure out how many of each of these things should be produced, and the computer solution (answer report and sensitivity report generated in Microsoft Excel) is given on the next page. 4.) If you could sell clocks for $17 instead of $15 would it change the number of each appliance you should produce (i.e., would it change the optimal solution)?5.) If you had your choice of an extra $10 in your budget or an added demand of 5 toasters, which one should you do, and how will your profit be affected?You work for the Brad’s Nailer Company which manufactures two types of nailers: a pneumatic model and a cordless model. You have contracted to supply a national retail chain with both pneumatic nailers and cordless nailers. However, Brad’s nailer production capability is limited in three departments: production, testing, and packaging. Your answer will be the packaging hours needed to execute your production plan - rounded to the nearest whole hour. (The number of nailers may not be a whole number, which is acceptable in this problem.) Use Scenario 2 Scenario 1 Scenario 2 Scenario 3 Pneum. Cost 87 89.50 127.50 Pneum. Prod Hrs 0.7 0.6 0.45 Pneum. Test Hrs 0.5 0.2 0.4 Pneum. Pkg Hrs 0.2 0.3 0.3 Pneum. Sales 85,000 44,500 29,000 Cordless Cost 97 99.75 146 Cordless Prod Hrs 0.4 0.8 0.5 Cordless Test Hrs 0.6 0.4 0.5 Cordless Pkg Hrs 0.2 0.4 0.4 Cordless Sales 35,500 45,000 63,000 Prod Hrs max 95,000 95,000 95,000 Testing Hrs max 70,000 70,000 70,000 Pkg…On a CVP chart, the slope of the line which starts at the level of fixed costs and slopes upwards is the: O variable cost per unit O fixed cost per unit O total cost per unit
- Collecting Performance Data Gigantic Life Insurance has several batch jobs that run on Windows 10 computers overnight. The batch jobs are scheduled overnight because they require all the performance capability of the computers and must be completed by morning for staff to perform their regular work. The batch jobs always use approximately the same amount of data, but occasionally they are not finished in the morning, resulting in lost productivity. Describe how you would determine the cause of the slow processing.The revenue cycle is a method of defining and maintaining the processes used for the completion of an accounting process for recording revenue generated from services or products provided by the company, which include the accounting process of tracking and recording transaction from the beginning, normally which starts from receiving an order from the customer or entering in agreement with the customer, delivering an order to customer and end with getting payment from the customer. The figure on the next page describes the different business activities of four departments, including (1) Sales Department, (2) Accounting Department, (3) Warehouse/Shipping, and (4) Mailroom. Required: Based on the below figure, discuss the uncontrolled risks associated with the system as currently configured? And describe the controls that need to be implemented into the system to mitigate the risks in the given scenario.During the process of creating the system, which component of the PPT model should be given the most importance and why? People Process Tool/Technology Cost
- Figures derived from a ratio analysis of a firm need to be evaluated against the past performance of the firm to understand its current health. True or FalseWhen there is no production, total cost is equal to total fixed cost. Select one: a. True b. FalseYield management is most effective when it meets the five characteristics, from operational perspective. Choose at least 3 and explain your answer by giving examples.
- Pleasant Stay Medical Inc. wishes to determine its product costs. Pleasant Stay offers a variety of medical procedures (operations) that are considered its “products.” The overhead has been separated into three major activities. The annual estimated activity costs and activity bases follow: Activity Budgeted Activity Cost Activity Base Scheduling and admitting $432,000 Number of patients Housekeeping 4,212,000 Number of patient days Nursing 5,376,000 Weighted care unit Total costs $10,020,000 Total “patient days” are determined by multiplying the number of patients by the average length of stay in the hospital. A weighted care unit (wcu) is a measure of nursing effort used to care for patients. There were 192,000 weighted care units estimated for the year. In addition, Pleasant Stay estimated 6,000 patients and 27,000 patient days for the year. (The average patient is expected to have a…Pleasant Stay Medical Inc. wishes to determine its product costs. Pleasant Stay offers a variety of medical procedures (operations) that are considered its “products.” The overhead has been separated into three major activities. The annual estimated activity costs and activity bases follow: Activity Budgeted Activity Cost Activity Base Scheduling and admitting $432,000 Number of patients Housekeeping 4,212,000 Number of patient days Nursing 5,376,000 Weighted care unit Total costs $10,020,000 Total “patient days” are determined by multiplying the number of patients by the average length of stay in the hospital. A weighted care unit (wcu) is a measure of nursing effort used to care for patients. There were 192,000 weighted care units estimated for the year. In addition, Pleasant Stay estimated 6,000 patients and 27,000 patient days for the year. (The average patient is expected to have a a little more than a…In this assessment, you will evaluate the physicians’ practice financial condition based on the following Relative Value Unit (RVU) calculations and analysis: Average and Marginal Costs per RVU, Total Average Cost, Total Marginal Cost per CPT code, and Analyzing the information to assist the physicians in using these costs appropriately and making informed decisions. You will be graded based on your understanding of the calculations, the accuracy of your calculations, the validity of your conclusions and your ability to clearly communicate your analysis. To complete this assignment, follow these steps: Review the article How Managerial Accountants Make Physician's Practices More Profitable From this financial information, calculate the three RVU calculations: Average and Marginal Costs per RVU, Total Average Cost, and Total Marginal cost per CPT code. In proper APA format, write a 3-5 page paper (include a cover and reference page not included in page count). For each RVU…