1.
The utilization rate is the performance indicator that is used to make plans and determine the success of the company. It is used by manufacturing companies. The utilization rate of equipment can be increased by avoiding machine breakdowns and reducing the average setup times.
:
The utilization rate.
2.
The efficiency rate is the performance indicator that is used to make plans and determine the success of the company. It is used by manufacturing companies. The efficiency rate of equipment can be increased by avoiding minor work stoppages and properly training operators to maintain the machine regularly.
:
The efficiency rate.
3.
The quality rate is used by the company in order to determine the percentage of manufacturing time that is truly productive or defect-free. The quality rate of equipment can be improved by minimizing the number of defective units manufactured as a percent of the total units manufactured.
:
The quality rate.
4.
The overall equipment effectiveness includes utilization rate, efficiency rate, and quality rate. In the other words, the overall equipment effectiveness is used to measure the productivity of equipment in terms of quality, efficiency, and utilization.
:
The overall equipment effectiveness (OEE).
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Chapter 12 Solutions
MANAGERIAL ACCOUNTING (ACCESS) >C<
- Give this question financial accountingarrow_forward1.3 1.2.5 za When using a computerised accounting system, the paper work will be reduced in the organisation. Calculate the omitting figures: Enter only the answer next to the question number (1.3.1-1.3.5) in the NOTE. Round off to TWO decimals. VAT report of Comfy shoes as at 30 April 2021 OUTPUT TAX INPUT TAX NETT TAX Tax Gross Tax(15%) Gross (15%) Standard 75 614,04 1.3.1 Capital 1.3.2 9 893,36 94 924,94 Tax (15%) 1.3.3 Gross 484 782,70 75 849,08 -9 893,36 -75 849,08 Bad Debts TOTAL 1.3.4 4 400,00 1 922,27 14 737,42 -1 348,36 1.3.5 (5 x 2) (10arrow_forwardNonearrow_forward
- What was her capital gains yield? General accountingarrow_forwardL.L. Bean operates two factories that produce its popular Bean boots (also known as "duck boots") in its home state of Maine. Since L.L. Bean prides itself on manufacturing its boots in Maine and not outsourcing, backorders for its boots can be high. In 2014, L.L. Bean sold about 450,000 pairs of the boots. At one point during 2014, it had a backorder level of about 100,000 pairs of boots. L.L. Bean can manufacture about 2,200 pairs of its duck boots each day with its factories running 24/7. In 2015, L.L. Bean expects to sell more than 500,000 pairs of its duck boots. As of late November 2015, the backorder quantity for Bean Boots was estimated to be about 50,000 pairs. Question:arrow_forwardWhat was her capital gains yield?arrow_forward
Cornerstones of Cost Management (Cornerstones Ser...AccountingISBN:9781305970663Author:Don R. Hansen, Maryanne M. MowenPublisher:Cengage Learning
Managerial Accounting: The Cornerstone of Busines...AccountingISBN:9781337115773Author:Maryanne M. Mowen, Don R. Hansen, Dan L. HeitgerPublisher:Cengage Learning