QUESTION 14Semana34260%6100%LC%30%70%80%90%A new equipment was installed with this learning curve. The material cost is $2 per unit. At this moment, the actual waste % is 5% for this process. The equipment capacity is 28470 unites per week.Determine the learning curve cost for the material.

Answered: 2 4 5 6 Semana LC% 30% 60% 80% 90% 100%…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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Actual run time this week 6,106 minutes Machine time available per week 8,600 minutes Actual run rate this week 4.32 units per minute Ideal run rate 6.00 units per minute Defect-free output this week 11,315 units Total output this week (including defects) 15,500 units Required:1. Compute the utilization rate. 2. Compute the efficiency rate. 3. Compute the quality rate. 4. Compute the overall equipment effectiveness (OEE).
ene is working with the operations manager to determine what the standard labor cost is for a spice chest. He has watched the process from start to finish and taken detailed notes on what each employee does. The first employee selects and mills the wood, so it is smooth on all four sides. This takes the employee 1 hour(s) for each chest. The next employee takes the wood and cuts it to the proper size. This takes 43 minutes. The next employee assembles and sands the chest. Assembly takes 3 hour(s). The chest then goes to the finishing department. It takes 3 hour(s) to finish the chest. All employees are cross-trained so they are all paid the same amount per hour, $17.62. What is the standard cost per chest for labor? Round to the nearest penny, two decimal places.
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Semana 1 2 4 80% 5 90% 6 100% LC % 60% A new equipment was installed with this learning curve. The material cost is $2.50 per unit. At this moment, the actual waste % is 5% for this process. The equipment capacity is 23401 unites per week. Determine the learning curve cost for the material. 30% 3 70%
a. Discuss different techniques with which processes within an organisation might beanalysed and improved. Good answers will focus on 3-5 techniques.• Techniques must be valid in the context of business processes.• A wide variety of techniques are allowable, including those drawn from readingbeyond the module materials.• Valid techniques can be broad (e.g., Six Sigma, lean manufacturing or Kaizen, Porter’svalue chain etc.) …… or more focussed (e.g., benchmarking, business process engineering, fishbonediagrams).• Better answers will critically evaluate and contrast the techniques. b. Discuss how you might apply one or more of these techniques to a process within Tesco.
11:33 20. A worker will work for 48 hours per week for 6 days. If the standard time is 12.58 minutes compute the production standard per day. Just write the answer, no need to write the units Your answer Your answer 21. if standard time in for present method is * 15.25 minutes per unit, standard time for improved method is 9.10 minutes per unit. Assume worker will work for 40 hours per week for 5 days. compute the production standard of present method 22. Compute the production standard of improve method Your answer AA LTE 67 docs.google.com 8 *
Please answer all with each process, Thank you!
In Japan a performance based incentive system providing a weekly bonus to the best worker is welcomed. True False
Gifts-r-us" is a 'gift-wrapping' business. Bobby, Jack, Wesley, Jermaine, and Tom are the employees. Each of these employees gift-wraps a certain number of presents in an average 8-hour workday as follows: Bobbby Jack Wesley Jermaine Tom 40 presents 50 presents 52 presents 52 presents 48 presents A. Find Toms productivity (including any necessary units)? 8 hours/present or gift 6 presents/hour 8 8 presents B. Management has found that the standard productivity of the staff at Gifts-r-us is 10 minutes for each present/gift. What is Toms efficiency? 6 1 or 100% 6 presents/hour 0.67 or 67%

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2 4 5 6 Semana LC% 30% 60% 80% 90% 100% A new equipment was installed with this learning curve. The material cost is $2 per unit. At this moment, the actual waste % is 5% for this process. The equipment capacity is 28470 unites per week. Determine the learning curve cost for the material 3 70%