The total flow time of a throughput dollar is to be calculated. Concept Introduction: Any flow unit, when flows through a process, follows L’s Law which states that the Work in Progress and is given by, Work In Progress ( I ) = Flow Time ( T ) × Throughput ( R )

Question

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Answer 1

Question

Chapter 7, Problem 15PA

(a)

Summary Introduction

Interpretation: The total flow time of a throughput dollar is to be calculated.

Concept Introduction:

Any flow unit, when flows through a process, follows L’s Law which states that the Work in Progress and is given by,

Work In Progress(I)=Flow Time(T)×Throughput(R)

(b)

Summary Introduction

Interpretation: The average dollar inventory in the value chain is to be determined.

Concept Introduction:

The average dollar inventory in the system is the total WIP combining all stages.

(c)

Summary Introduction

Interpretation: The major stagethat is the best candidate for freeing up dollars for the air conditional manufacturer is to be determined.

Concept Introduction:

Any flow unit, when flows through a process, follows L’s Law which states that the Work in Progress in the process is the product of Flow time/ Cycle time and the Throughput/ Flow rate.

(d)

Summary Introduction

Interpretation: The largest level of average accounts receivable inventory is to be determined.

Concept Introduction:

Any flow unit, when flows through a process, follows Little’s Law which states that the Work in Progress and given by,

Work In Progress(I)=Flow Time(T)×Throughput(R)

(e)

Summary Introduction

Interpretation: The process thatis demonstrated by flow time analysis.

Concept Introduction:

The flow time is an average time that a unit requires to flow through the process from the entry point to the exit point.

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Boreki Enterprise has the following 10 items in inventory. Theodore Boreki asks you, a recent OM graduate, to divide these items into ABC classifications. Fill in the blanks and then answer the following questions. (Round dollar volume to the nearest whole number and percentage of dollar volume to two decimal places.) Dollar Item Annual Demand Cost/Unit Volume % of Total Dollar Volume A2 10 120 B8 4000 12 48,000 5.65 C7 1500 45 67,500 7.94 D1 2000 44 E9 1000 20 20,000 2.35 F3 25 40 G2 200 1500 300,000 35.29 H2 600 20 12,000 1.41 15 1000 300 J8 2500 5 12,500 1.47

Answer 2

Question

Chapter 7, Problem 15PA

(a)

Summary Introduction

Interpretation: The total flow time of a throughput dollar is to be calculated.

Concept Introduction:

Any flow unit, when flows through a process, follows L’s Law which states that the Work in Progress and is given by,

Work In Progress(I)=Flow Time(T)×Throughput(R)

(b)

Summary Introduction

Interpretation: The average dollar inventory in the value chain is to be determined.

Concept Introduction:

The average dollar inventory in the system is the total WIP combining all stages.

(c)

Summary Introduction

Interpretation: The major stagethat is the best candidate for freeing up dollars for the air conditional manufacturer is to be determined.

Concept Introduction:

Any flow unit, when flows through a process, follows L’s Law which states that the Work in Progress in the process is the product of Flow time/ Cycle time and the Throughput/ Flow rate.

(d)

Summary Introduction

Interpretation: The largest level of average accounts receivable inventory is to be determined.

Concept Introduction:

Any flow unit, when flows through a process, follows Little’s Law which states that the Work in Progress and given by,

Work In Progress(I)=Flow Time(T)×Throughput(R)

(e)

Summary Introduction

Interpretation: The process thatis demonstrated by flow time analysis.

Concept Introduction:

The flow time is an average time that a unit requires to flow through the process from the entry point to the exit point.

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Answer 3

Question

Chapter 7, Problem 15PA

(a)

Summary Introduction

Interpretation: The total flow time of a throughput dollar is to be calculated.

Concept Introduction:

Any flow unit, when flows through a process, follows L’s Law which states that the Work in Progress and is given by,

Work In Progress(I)=Flow Time(T)×Throughput(R)

(b)

Summary Introduction

Interpretation: The average dollar inventory in the value chain is to be determined.

Concept Introduction:

The average dollar inventory in the system is the total WIP combining all stages.

(c)

Summary Introduction

Interpretation: The major stagethat is the best candidate for freeing up dollars for the air conditional manufacturer is to be determined.

Concept Introduction:

Any flow unit, when flows through a process, follows L’s Law which states that the Work in Progress in the process is the product of Flow time/ Cycle time and the Throughput/ Flow rate.

(d)

Summary Introduction

Interpretation: The largest level of average accounts receivable inventory is to be determined.

Concept Introduction:

Any flow unit, when flows through a process, follows Little’s Law which states that the Work in Progress and given by,

Work In Progress(I)=Flow Time(T)×Throughput(R)

(e)

Summary Introduction

Interpretation: The process thatis demonstrated by flow time analysis.

Concept Introduction:

The flow time is an average time that a unit requires to flow through the process from the entry point to the exit point.

Expert Solution & Answer

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Answer 4

Question

Chapter 7, Problem 15PA

(a)

Summary Introduction

Interpretation: The total flow time of a throughput dollar is to be calculated.

Concept Introduction:

Any flow unit, when flows through a process, follows L’s Law which states that the Work in Progress and is given by,

Work In Progress(I)=Flow Time(T)×Throughput(R)

(b)

Summary Introduction

Interpretation: The average dollar inventory in the value chain is to be determined.

Concept Introduction:

The average dollar inventory in the system is the total WIP combining all stages.

(c)

Summary Introduction

Interpretation: The major stagethat is the best candidate for freeing up dollars for the air conditional manufacturer is to be determined.

Concept Introduction:

Any flow unit, when flows through a process, follows L’s Law which states that the Work in Progress in the process is the product of Flow time/ Cycle time and the Throughput/ Flow rate.

(d)

Summary Introduction

Interpretation: The largest level of average accounts receivable inventory is to be determined.

Concept Introduction:

Any flow unit, when flows through a process, follows Little’s Law which states that the Work in Progress and given by,

Work In Progress(I)=Flow Time(T)×Throughput(R)

(e)

Summary Introduction

Interpretation: The process thatis demonstrated by flow time analysis.

Concept Introduction:

The flow time is an average time that a unit requires to flow through the process from the entry point to the exit point.

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Answer 5

Chapter 7, Problem 15PA

(a)

Summary Introduction

Interpretation: The total flow time of a throughput dollar is to be calculated.

Concept Introduction:

Any flow unit, when flows through a process, follows L’s Law which states that the Work in Progress and is given by,

Work In Progress(I)=Flow Time(T)×Throughput(R)

(b)

Summary Introduction

Interpretation: The average dollar inventory in the value chain is to be determined.

Concept Introduction:

The average dollar inventory in the system is the total WIP combining all stages.

(c)

Summary Introduction

Interpretation: The major stagethat is the best candidate for freeing up dollars for the air conditional manufacturer is to be determined.

Concept Introduction:

Any flow unit, when flows through a process, follows L’s Law which states that the Work in Progress in the process is the product of Flow time/ Cycle time and the Throughput/ Flow rate.

(d)

Summary Introduction

Interpretation: The largest level of average accounts receivable inventory is to be determined.

Concept Introduction:

Any flow unit, when flows through a process, follows Little’s Law which states that the Work in Progress and given by,

Work In Progress(I)=Flow Time(T)×Throughput(R)

(e)

Summary Introduction

Interpretation: The process thatis demonstrated by flow time analysis.

Concept Introduction:

The flow time is an average time that a unit requires to flow through the process from the entry point to the exit point.

Answer 6

Chapter 7, Problem 15PA

(a)

Summary Introduction

Interpretation: The total flow time of a throughput dollar is to be calculated.

Concept Introduction:

Any flow unit, when flows through a process, follows L’s Law which states that the Work in Progress and is given by,

Work In Progress(I)=Flow Time(T)×Throughput(R)

Answer 7

Chapter 7, Problem 15PA

(a)

Summary Introduction

Interpretation: The total flow time of a throughput dollar is to be calculated.

Concept Introduction:

Any flow unit, when flows through a process, follows L’s Law which states that the Work in Progress and is given by,

Work In Progress(I)=Flow Time(T)×Throughput(R)

Answer 8

(b)

Summary Introduction

Interpretation: The average dollar inventory in the value chain is to be determined.

Concept Introduction:

The average dollar inventory in the system is the total WIP combining all stages.

Answer 9

(b)

Summary Introduction

Interpretation: The average dollar inventory in the value chain is to be determined.

Concept Introduction:

The average dollar inventory in the system is the total WIP combining all stages.

Answer 10

(c)

Summary Introduction

Interpretation: The major stagethat is the best candidate for freeing up dollars for the air conditional manufacturer is to be determined.

Concept Introduction:

Any flow unit, when flows through a process, follows L’s Law which states that the Work in Progress in the process is the product of Flow time/ Cycle time and the Throughput/ Flow rate.

Answer 11

(c)

Summary Introduction

Interpretation: The major stagethat is the best candidate for freeing up dollars for the air conditional manufacturer is to be determined.

Concept Introduction:

Any flow unit, when flows through a process, follows L’s Law which states that the Work in Progress in the process is the product of Flow time/ Cycle time and the Throughput/ Flow rate.

Answer 12

(d)

Summary Introduction

Interpretation: The largest level of average accounts receivable inventory is to be determined.

Concept Introduction:

Any flow unit, when flows through a process, follows Little’s Law which states that the Work in Progress and given by,

Work In Progress(I)=Flow Time(T)×Throughput(R)

Answer 13

(d)

Summary Introduction

Interpretation: The largest level of average accounts receivable inventory is to be determined.

Concept Introduction:

Any flow unit, when flows through a process, follows Little’s Law which states that the Work in Progress and given by,

Work In Progress(I)=Flow Time(T)×Throughput(R)

Answer 14

(e)

Summary Introduction

Interpretation: The process thatis demonstrated by flow time analysis.

Concept Introduction:

The flow time is an average time that a unit requires to flow through the process from the entry point to the exit point.

Answer 15

(e)

Summary Introduction

Interpretation: The process thatis demonstrated by flow time analysis.

Concept Introduction:

The flow time is an average time that a unit requires to flow through the process from the entry point to the exit point.

Answer 16

Expert Solution & Answer

Answer 17

Expert Solution & Answer

Answer 18

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Answer 19

Ch. 7 - Prob. 1DQ Ch. 7 - Prob. 2DQ Ch. 7 - Prob. 3DQ Ch. 7 - Prob. 4DQ Ch. 7 - Prob. 5DQ Ch. 7 - Prob. 1PA Ch. 7 - Prob. 2PA Ch. 7 - Prob. 3PA Ch. 7 - Prob. 4PA Ch. 7 - Prob. 5PA

The total flow time of a throughput dollar is to be calculated. Concept Introduction: Any flow unit, when flows through a process, follows L’s Law which states that the Work in Progress and is given by, Work In Progress ( I ) = Flow Time ( T ) × Throughput ( R )

Solution Summary: The author explains that the total flow time of a throughput dollar is to be calculated.

Interpretation: The total flow time of a throughput dollar is to be calculated.

Concept Introduction:

Any flow unit, when flows through a process, follows L’s Law which states that the Work in Progress and is given by,

Work In Progress(I)=Flow Time(T)×Throughput(R)

Interpretation: The average dollar inventory in the value chain is to be determined.

Concept Introduction:

The average dollar inventory in the system is the total WIP combining all stages.

Interpretation: The largest level of average accounts receivable inventory is to be determined.

Concept Introduction:

Any flow unit, when flows through a process, follows Little’s Law which states that the Work in Progress and given by,

Work In Progress(I)=Flow Time(T)×Throughput(R)

Interpretation: The process thatis demonstrated by flow time analysis.

Concept Introduction:

The flow time is an average time that a unit requires to flow through the process from the entry point to the exit point.

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Chapter 7 Solutions

The total flow time of a throughput dollar is to be calculated. Concept Introduction: Any flow unit, when flows through a process, follows L’s Law which states that the Work in Progress and is given by, Work In Progress ( I ) = Flow Time ( T ) × Throughput ( R )

Solution Summary: The author explains that the total flow time of a throughput dollar is to be calculated.

Interpretation: The total flow time of a throughput dollar is to be calculated. Concept Introduction: Any flow unit, when flows through a process, follows L’s Law which states that the Work in Progress and is given by, Work In Progress(I)=Flow Time(T)×Throughput(R)

Interpretation: The average dollar inventory in the value chain is to be determined. Concept Introduction: The average dollar inventory in the system is the total WIP combining all stages.

Interpretation: The largest level of average accounts receivable inventory is to be determined. Concept Introduction: Any flow unit, when flows through a process, follows Little’s Law which states that the Work in Progress and given by, Work In Progress(I)=Flow Time(T)×Throughput(R)

Interpretation: The process thatis demonstrated by flow time analysis. Concept Introduction: The flow time is an average time that a unit requires to flow through the process from the entry point to the exit point.

Want to see the full answer?

Chapter 7 Solutions

Interpretation: The total flow time of a throughput dollar is to be calculated.

Concept Introduction:

Any flow unit, when flows through a process, follows L’s Law which states that the Work in Progress and is given by,

Work In Progress(I)=Flow Time(T)×Throughput(R)

Interpretation: The average dollar inventory in the value chain is to be determined.

Concept Introduction:

The average dollar inventory in the system is the total WIP combining all stages.

Interpretation: The largest level of average accounts receivable inventory is to be determined.

Concept Introduction:

Any flow unit, when flows through a process, follows Little’s Law which states that the Work in Progress and given by,

Work In Progress(I)=Flow Time(T)×Throughput(R)

Interpretation: The process thatis demonstrated by flow time analysis.

Concept Introduction:

The flow time is an average time that a unit requires to flow through the process from the entry point to the exit point.