The Yum and Yee food truck near the business school serves customers during lunch hour by taking orders and making fresh batchesof stir-fry. Customers have only one choice during the lunch hour so that Y&Y can maximize the number of customers served. Assumethat each customer places just one lunch order, and all lunch orders are the same size: one unit of stir-fry. The stir-fry cooking works inthis manner. First, one person cooks a batch of orders in a wok. The cooking depends upon the number of orders in the batch. Thetime to cook just one order is 3.3 minutes. For each additional order in the batch, it takes 0.5 minute more to cook. Thus, cooking twoorders in a batch takes 3.8 minutes, cooking three orders takes 4.3 minutes, and so on. The other process is bagging and acceptingpayments (done by a separate person), which takes 0.9 minute per order.(Do not round intermediate calculations. Round your answer to 1 decimal place.)a. What is the setup time of this process?(Do not round intermediate calculations. Round your answer to 2 decimal places.)b.If Y&Y operates with batch sizes of 8 units, what is their process capacity (in orders perminute)?(Do not round intermediate calculations. Round your answer to 2 decimal places.)c. If Yum and Yee operates with batch sizes of 9 units, what is the utilization of the wok?(Do not round intermediate calculations. Round your answer to 1 decimal place.)Calculate the batch size (in orders) that maximizes the overall flow rate (assume there isd. ample demand)? Do NOT round the batch size (i.e., assume for this calculation that anoninteger batch size is possible).minutesorders per minutepercentbatch size

The Yum and Yee The setup time of this process = Tie taken for first order - Additional order…

(Do not round intermediate calculations. Round your answer to 1 decimal place.) a. What is the setup time of this process? (Do not round intermediate calculations. Round your answer to 2 decimal places.) b. If Y&Y operates with batch sizes of 8 units, what is their process capacity (in orders per minute)? (Do not round intermediate calculations. Round your answer to 2 decimal places.) c. If Yum and Yee operates with batch sizes of 9 units, what is the utilization of the wok? (Do not round intermediate calculations. Round your answer to 1 decimal place.) Calculate the batch size (in orders) that maximizes the overall flow rate (assume there is d. ample demand)? Do NOT round the batch size (i.e., assume for this calculation that a noninteger batch size is possible). minutes orders per minute percent batch size

(Do not round intermediate calculations. Round your answer to 1 decimal place.) a. What is the setup time of this process? (Do not round intermediate calculations. Round your answer to 2 decimal places.) b. If Y&Y operates with batch sizes of 8 units, what is their process capacity (in orders per minute)? (Do not round intermediate calculations. Round your answer to 2 decimal places.) c. If Yum and Yee operates with batch sizes of 9 units, what is the utilization of the wok? (Do not round intermediate calculations. Round your answer to 1 decimal place.) Calculate the batch size (in orders) that maximizes the overall flow rate (assume there is d. ample demand)? Do NOT round the batch size (i.e., assume for this calculation that a noninteger batch size is possible). minutes orders per minute percent batch size

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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