Currently, a company can produce 60 units per hour of a particular product. During this hour, move time and queue time take 30 minutes, while actual processing time is 30 minutes. REQUIRED: 1.Calculate the current MCE. 2.Suppose that move time and queue time are reduced by 50 percent. Calculate the new MCE

Currently, a company can produce 60 units per hour of a particular product. During this hour, move time and queue time take 30 minutes, while actual processing time is 30 minutes. REQUIRED: 1.Calculate the current MCE. 2.Suppose that move time and queue time are reduced by 50 percent. Calculate the new MCE

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

See similar textbooks

Similar questions

CBC Inc is currently operating at 80% capacity. Its machine and factory has a maximum production capacity of 100,000 units per month. What is the total maximum number of units to be accepted from a special order before the Company will incur opportunity cost from the contribution margin of regular customers?
You have recently hired an equipment operator for $30.00 per hour. To determine his/her billing rate you simply multiply $30.00 by 1.20 to ensure you get a 20% profit margin. Is this process correct?
SanaMolp management reports that its average delivery cycle time is 20.0 days; its average throughput time is 7.5 days; its manufacturing cycle efficiency is 0.32; its average move time is 0.2 day; and its average queue time is 4.0 days: a. What is the wait time? b. What is the process time? c. What is the inspection time? Answer with solution pls
If the contribution margin per unit is Php 15 and it takes 3.0 machine hours to produce the unit, the contribution margin per unit of limited resource is: O Php 5.00 O Php 20.00 O Php 4.00 O Php 11.00 O None of the above. Activate Wing
Customers at furniture store demand an average of 6,000 bookcases per year. Each time an order is placed, an ordering cost of $300 is incurred. The annual holding cost for a single desk is 25% of the $200 cost of a bookcase. Assume that the lead time to receive an order is one week. a) Each time an order is placed, how many bookcases should be ordered? b) What is the cycle time, T? c) How many orders should be placed each year? d) Determine the total annual costs of meeting the customers' demands for bookcases.
The manager of a car wash must decide whether to have one or two wash lines. One line will mean a fixed cost of $5,600 a month, and two lines will mean a fixed cost of $9,520 a month. Each line would be able to process 15 cars an hour. Variable costs will be $3 per car, and revenue will be $5.95 per car. The manager projects an average demand of between 14 and 18 cars an hour. Would you recommend one or two lines? The car wash is open 280 hours a month.. Choose line
please answer within 30 minutes.
Help me please
If answered within 30mins,it would be great!!!
ABC INC product is currently produced at 10 materials, 40 labor and 15 overhead. If automation is implemented, the product can be produced at 10 materials, 5 labor and 35 overhead. At a total of 10,000 units, what is the net incremental cost or benefit if the production decides to move into automation?
An all-wood furniture manufacturer operates 8 hours per day for 340 days per year, and has a demand of 2,000 units per day. There are four production cycles per day. Assume the following: 7,700 units produced per day, holding cost per unit is $5 per year, labor rate to do line set-ups is $13 per hour. With quick set-ups, the production line must be quickly re-organized. What is the target set-up cost? Please round to two decimals and do not include a dollar sign. What is the set-up time in minutes? Please round to the nearest two decimals, and do not write the word "minutes" in your answer just enter your number with the two decimals.