Non manufacturing firms typically refer to their service production processes as jobs. True of False?
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Non manufacturing firms typically refer to their service production processes as jobs. True of False?
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- In every manufacturing company, there are 3-5 work teams that help the company achieve its mission, vision, goals, and objectives. What are these teams?A job description along with a Job Specification for the following job. City of Portland Bus DriverIf the time standard is 0.7293 minutes per unit per machine. productivity is expected to be 85%, and the takt time is 0.116 minutes per unit. What is the number of machines that will be needed if the job is to be done in 8 hours on one shift with no overtime? (NOTE: you must have an integer number of machines.) Do NOT inlcude units such as "machines."
- If the overhead rate is $10 per machine hour and there are 20 labor hours, 16 machine hours, and twopersonnel on the job, how much overhead should be applied to the job?The Hand-To-Mouth Company (HTM) has $200,000 in cash, no inventory, and a 90 percent learning curve. To reduce the complexity of this problem, ignore the hiring and training costs associated with dramatically increased production. Employees are paid $20 per hour every Friday for that week’s work. HTM has received an order to build 1,000 oak desks over the next 15 weeks. Materials cost $400 per desk. Suppliers make deliveries each Monday and insist on cash upon delivery. The first desk takes 100 hours of direct labor to build. HTM will be paid $1,500 per desk 2 weeks after the desks are delivered. Should HTM take this order? Week Units Week Units Week Units 1 2 3 4 5 2 4 8 12 4 6 7 8 9 10 24 64 128 128 128 11 12 13 14 15 Total 88 100 100 100 100 1000At Symtecks, the output of a specific process is valued at $100 per unit. The cost of labor is $50 per hour including benefits. The accounting department provided the following information about the process for the past four weeks: Week 1 Week 2 Week 3 Week 4 Units Produced 1,124 1,310 1,092 981 Labor ($) 12,735 14,842 10,603 9,526 Material ($) 21,041 24,523 20,442 18,364 Overhead ($) 8,992 10,480 8,736 7,848 a. Use the multifactor productivity ratio to see whether recent process improvements had any effect and, if so, when the effect was noticeable.b. Has labor productivity changed? Use the labor productivity ratio to support your answer.
- Manufacturing Direct Labor: Fixed or Variable?To retain skilled employees instead of letting them go when demand falls, Lincoln Electric trainsemployees for other tasks in the company. The Cleveland-based manufacturer of welding and cuttingparts has integrated the approach in all its operations so that it can guarantee employment for all employees who have been with the company for 3 or more years. This policy has worked for more than 60 years.Other companies such as Nestlé and Apex Precision Technology accomplish the same goal ofkeeping their employees as demand fluctuates by using part-time arrangements with the employees.Required Discuss whether manufacturing labor should be considered a fixed or a variable cost at thesecompanies.As an analyst, we would like to perform a work sampling study on an assembly line. The jobs can bedifferentiated on the basis of the product size: A, B, and C. We perform a study over a five-week periodthat equals to 200 working hours. There are 12 workers to be examined. In total, we perform 1140observations. Yet, the worker absences lead to 15 worker-day deduction from the total working hourswhere workers work 8 hour each day. The study results are tabulated below. Q: What is the mean assembly time per product unit for size C in terms of hour?a) 0,1136b) 0,0251c) 0,3015d) 0,7537e) 0,0661As an analyst, we would like to perform a work sampling study on an assembly line. The jobs can bedifferentiated on the basis of the product size: A, B, and C. We perform a study over a five-week periodthat equals to 200 working hours. There are 12 workers to be examined. In total, we perform 1140observations. Yet, the worker absences lead to 15 worker-day deduction from the total working hourswhere workers work 8 hour each day. The study results are tabulated below. Q: For the C size product, construct a 96% confidence interval about the mean assembly time per productin terms of hours.a) (0,3702 0,4298)b) (0,4004 0,3996)c) (0,1805 0,1209)d) (0,3746 0,4254)e) (0,1253 0,1761)
- Smith Productions manufactures its hand-tools in-house. Maintenance and repair costs are increasing at ten percent per year. The company is evaluating two new processes. The first process has an annual fixed cost of $500,000 and a variable cost of $12 per part. The second process is more automated and requires an annual fixed cost of $700,000 and a variable cost of $11 per part. Use the Excel template Break-Even in MindTap to answer the following question: What is the break-even quantity between these two processes? (Hint) Using Equations (C.1) and (C.7) in Supplement C by using goal seek (see Pgs. 629-630)local market research fim has just won a contract for several thousand small projects involving data gathering and statistical analysis. In the past, the firm has assigned each project to a single member of its highly trained professional staff. This person would both gather and analyze the data Using this approach, an experienced person can complete an average of 10 such projects in an eight-hour day. The firm's management is thinking of assigning two people to each project in order to allow them to specialize and become more efficient The process would require the data gatherer to fill out a matrix on the computer, check it and transmit it to the statistical analysis program for the analyst to complete. Data can be gathered on one project while the analysis is being completed on another, but the analysis must be complete before the statistical analysis program can accept the new data. After some practice, the new process can be completed with a standard time of 20 minutes…