Kolby Company takes 36,000 hours to produce 144,000 units of a product. Required: What is the velocity? Cycle time? Round the cycle time to two decimal places. Velocity units per hour Cycle time hour(s)
Kolby Company takes 36,000 hours to produce 144,000 units of a product. Required: What is the velocity? Cycle time? Round the cycle time to two decimal places. Velocity units per hour Cycle time hour(s)
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Velocity and Cycle Time
Kolby Company takes 36,000 hours to produce 144,000 units of a product.
Required:
What is the velocity? Cycle time? Round the cycle time to two decimal places.
Velocity | units per hour |
Cycle time | hour(s) |
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