Question 3: Atlas Inc. is a toy bicycle manufacturing company producing a five-inch small version of the bike that Lance Armstrong rode to win his first Tour de France. The assembly line at Atlas Inc. consists of seven work stations, each performing a single step. Stations and processing times are summarized here:● Step 1 (35 sec.): The plastic tube for the frame is cut to size.● Step 2 (25 sec.): The tube is put together.● Step 3 (35 sec.): The frame is glued together● Step 4 (30 sec.): The frame is cleaned.● Step 5 (25 sec.): Paint is sprayed onto the frame.● Step 6 (40 sec.): Wheels are assembled.● Step 7 (35 sec.): All other parts are assembled to the frame. What is the cost of direct labor for theа.bicycle?per unitHow much profit does the company make perb.hour?per hourWhat would be the profits per hour if Atlasc. would be able to source the parts 8 percentcheaper ($0.92 for the parts of one unit)?per hourWhat would be the profits per hour if Atlasd. were able to reduce fixed costs by 12 percent(to $154 per hour)?per hour What would be the profits per hour if Atlasd. were able to reduce fixed costs by 12 percent(to $154 per hour)?per hourWhat would be the profit per hour if Atlaswere able to reduce the processing time atper hourе.the bottleneck by 3 seconds per unit (assumeunlimited demand)?

Note: As per the Bartleby guidelines only the first three parts have been answered.

Answered: What is the cost of direct labor for…

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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Question 3: Atlas Inc. is a toy bicycle manufacturing company producing a five-inch small version of the bike that Lance Armstrong rode to win his first Tour de France. The assembly line at Atlas Inc. consists of seven work stations, each performing a single step. Stations and processing times are summarized here:
● Step 1 (35 sec.): The plastic tube for the frame is cut to size.
● Step 2 (25 sec.): The tube is put together.
● Step 3 (35 sec.): The frame is glued together
● Step 4 (30 sec.): The frame is cleaned.
● Step 5 (25 sec.): Paint is sprayed onto the frame.
● Step 6 (40 sec.): Wheels are assembled.
● Step 7 (35 sec.): All other parts are assembled to the frame.