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- Production data show 35,920 units were transferred out of a stage of production and 6,150 units remained in ending WIP inventory that was 100% complete to material and 35% complete to conversion. The unit material cost is $5 for material and $8 for conversion. What is the amount of inventory transferred out and remaining in ending work in process inventory? Round to the whole unit and whole dollar, no decimals. Complete the tables below: Equivalent units data Units Materials Conversion Transferred out 35,920 Ending inventory 6,150 Units accounted for, equivalent units Cost data Transferred out $ Ending work in process: materials Ending work in process: conversion Ending work in process: total Costs to account for $ please fill in the blank boxesProduction data show 35,920 units were transferred out of a stage of production and 6,150 units remained in ending WIP inventory that was 100% complete to material and 35% complete to conversion. The unit material cost is $5 for material and $8 for conversion. What is the amount of inventory transferred out and remaining in ending work in process inventory? Round to the whole unit and whole dollar, no decimals. Complete the tables below: Equivalent units data Units Materials Conversion Transferred out 35,920 Ending inventory 6,150 Units accounted for, equivalent units Cost data Transferred out $ Ending work in process: materials Ending work in process: conversion Ending work in process: total Costs to account for $ please fill in the information in the grid exactly as providedIn order to reduce costs, CarCity is considering contracting with a local business to produce the RI25 tires locally, instead of importing the tires from Indonesian suppliers. The local business, named AI Rubber, can produce the tires at the rate of 75 tires day. The production costs are expected to be OMR 14.5 per tire. The setup for a production run requires five hours, with a cost for labor and lost production time of OMR 75 per hour. Each day's production is delivered immediately to CarCity. After one year of operations, CarCity realized that daily demand for the tires was not constant, and some variability existed. the mean of demand is 23.88825 and the standard devation is 0.171895 Assume that CarCity has decided for some reasons to continue procuring the R125 tires from Indonesia, and that the lead time remains constant at 15 days.1. CarCity has specified a Type 1 service level of 95%. Accordingly, what size of safety stock should be kept in order to achieve this service level?
- Materials Management $12.00 per purchase order Chemical Processing $7.50 per metric ton Molding $24.00 per direct labor hour Packaging $0.10 per unit Engineering designs show that the order will require direct materials that cost $540; direct labor cost will be $90. The order will require four purchas orders to be placed, use two metric tons of chemical base, and need eight direct labor hours. The size of the order is to produce 3,000 units of product. How to calculate the total production of the order?A process makes two products, A and B, and operates 5 days per week, 8 hoursper day. Demand for the two products for the next week is as follows:Day 1: A: 4; B: 6Day 2: A: 5; B: 5Day 3: A: 6; B: 4Day 4: A: 7; B: 3Day 5: A: 3; B: 7What is the takt time of the process? What would a level production schedule look like?Tuff-Rider, Inc., manufactures touring bikes and mountainbikes in a variety of frame sizes, colors, and component com-binations. Identical bicycles are produced in lots of 100. Theprojected demand, lot size, and time standards are shown inthe following table: The shop currently works 8 hours a day, 5 days a week,50 weeks a year. It operates five workstations, each producingone bicycle in the time shown in the table. The shop main-tains a 15 percent capacity cushion. How many workstationswill be required next year to meet expected demand withoutusing overtime and without decreasing the firm’s currentcapacity cushion?
- Metters Cabinets, Inc., needs to choose a production method for its new office shelf, the Maxistand. To help accomplish this, the firm has gathered the following production cost data: Annualized Fixed Cost of Plant & Equipment Variable Costs (per unit) ($) Process Type Labor Material Energy Mass Customization $1,260,000 30 18 12 Intermittent $1,000,000 24 26 20 Repetitive $1,600,000 28 15 12 Continuous $1,960,000 25 15 10 Metters Cabinets projects an annual demand of 24,000 units for the Maxistand. The selling price for the Maxistand is $120 per unit. a) Based on the projected annual demand, the best alternative available is to use the Intermittent process. b) The value of annual profit using this method is $_____.Lawn King produces a couple models of push lawn mowers. A total of 60 workers are currently employed to work on the assembly line. Hiring cost is $800 for each new employee, while the cost of laying off an employee is $1200. The production strategy in current use is a one-shift-per-day level strategy at average demand. Differences between demand and production are balanced by inventory and backorders. If a backorder occurs, the order is filled from the next available production run and safety stock is consumed if needed and replenished later. Lawn King utilizes a $7/unit carrying cost per month for inventory, and backorders have a cost of $10/unit per month. Production is estimated at 5 mowers per worker per shift, and the assembly line operates 20 working days (shifts) per month. Lawn King keeps 500 mowers as safety stock, which will be the beginning inventory for September. The regular time cost of production is $50 per lawn mower. [Hint: production = (# of…Parent S requires three of component T and two of component U. Both T and Uare run on work center 30. Setup time for T is 7 hours, and run time is 0.1 hour perpiece. For component U, setup time is 8 hours, and run time is 0.2 hour per piece. Ifthe rated capacity of the work center is 120 hours, how many Ts and Us should beproduced in a week?
- Two machines A and B produce items at the rate of 50 units per hour and 40 units per hour respectively. Under certain production plans, the total number of items needed is at least 1000 items, the total number of hours available for running the machines is atmost 24 hours. If the hourly cost is P300 for machine A and P250 for machine B, how many hours should each machine be used in order to minimize the cost? What is the minimum cost? Use either graphical method or simplex methodCarCity is a big retailer for car parts and accessories. The store stocks different types and sizes of car tire. One of the best selling tires is the Tiger Model R125, which is currently purchased from a factory in Indonesia. An analysis of the purchasing operation shows that approximately 3 labor hours are required to process a purchase order, regardless of the quantity purchased. Salaries in the purchasing Department average OMR 12 per hour, including employee benefits. In addition, a detailed analysis of 15 previous purchase orders showed that OMR 132 was spent on telephone, paper, and other consumables directly related to the ordering process . Shipping cost from Indonesia is OMR 230 for a container. A container has a capacity of 800 tires. The lead time for shipments from Indonesia is 15 days. Finally, CarCity’s financial analysts established a holding cost of 20% for this type of tire. The annual demand for the R125 tire is constant at a rate of 8400 units. The store purchases…A part is produced in lots of 1,000 units. It is assembled from2 components worth $50 total. The value added in produc-tion (for labor and variable overhead) is $60 per unit, bring-ing total costs per completed unit to $110. The average leadtime for the part is 6 weeks and annual demand is 3,800 units,based on 50 business weeks per year.a. How many units of the part are held, on average, in cycleinventory? What is the dollar value of this inventory?b. How many units of the part are held, on average, in pipe-line inventory? What is the dollar value of this inventory?(Hint: Assume that the typical part in pipeline inventoryis 50 percent completed. Thus, half the labor and variableoverhead cost has been added, bringing the unit cost to$80, or $50 + $60>2).
