How much profit would she make at the optimum combination of resources?
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- Tuff-Rider, Inc., manufactures touring bikes and mountain bikes in a variety of frame sizes, colors, and component combinations. Identical bicycles are produced in lots of 110. The projected demand, lot size, and time standards are shown in the following table: Item Touring Mountain Demand forecast 4,000 units/year 12,000 units/year Lot size 100 units 110 units Standard processing time 0.25 hour/unit 0.50 hour/unit Standard setup time 2 hours/lot 3 hours/lot The shop currently works 8 hours a day, 5 days a week, 52 weeks a year. It operates five workstations, each producing one bicycle in the time shown in the table. The shop maintains a 15 percent capacity cushion. How many workstations will be required next year to meet expected demand without using overtime and without decreasing the firm's current capacity cushion? The number of workstations required next year is ?(Enter your response rounded up to the next whole number.)Tuff-Rider, Inc., manufactures touring bikes and mountain bikes in a variety of frame sizes, colors, and component combinations. Identical bicycles are produced in lots of 100. The projected demand, lot size, and time standards are shown in the following table: Item Touring Mountain Demand forecast Lot size Standard processing time Standard setup time 5,000 units/year 100 units .25 hour/unit 2 hours/lot 10,000 units/year 100 units .50 hour/unit 3 hours/lot The shop currently works 8 hours a day, 5 days a week, 50 weeks a year. It operates five workstations, each producing one bicycle in the time shown in the table. The shop maintains a 15 percent capacity cushion. How many workstations will be required next year to meet expected demand without using overtime and without decreasing the firm’s current capacity cushion?Tuff-Rider, Inc., manufactures touring bikes and mountain bikes in a variety of frame sizes, colors, and component combinations. Identical bicycles are produced in lots of 110. The projected demand, lot size, and time standards are shown in the following table: i Item Demand forecast Lot size Standard processing time Standard setup time Touring 4,000 units/year 130 units 0.20 hour/unit 2 hours/lot Mountain 10,000 units/year 110 units 0.50 hour/unit 3 hours/lot The shop currently works 8 hours a day, 5 days a week, 48 weeks a year. It operates five workstations, each producing one bicycle in the time shown in the table. The shop maintains a 15 percent capacity cushion. How many workstations will be required next year to meet expected demand without using overtime and without decreasing the firm's current capacity cushion? The number of workstations required next year is. (Enter your response rounded up to the next whole number.)
- O 1000 workers are currently working in Sigma Manufacturing Industry. This industry is paying the wages to its workers on a daily basis. No vacation is given for any occasion in this industry. The factory is running from 8:30 am to 5:30 pm with a lunch break of 60 minutes. This break is not counted as working hours. Last year, 10 accidents occurred which caused almost 50 injuries. Around 50 people remain absent everyday in this industry. Gama Production Factory was a sister concern of Sigma Manufacturing Industry which is closed now. It had half of the workers of Sigma. In 2017, 50 accidents occurred and each accident caused 3 injuries and a loss of 8 hours each on an average. Working hours and attendance rate were the same as Sigma Manufacturing Industry. Now compute the frequency rate and severity rate for Gama Production Factory. Also, illustrate the kinds of key accident data you should collect from the place where an accident has occurred.QuestionByron Sports is a manufacturer of sportswear. It produces all of its products in one department using a process costing system.The information for the current month is as follows:Beginning work in process (30% complete as to conversion cost) 12,000 unitsUnits started 90,000 unitsUnits completed and transferred out ?Ending work in process (70% complete as to conversion) 8,000 unitsCosts:Beginning work-in-process direct materials $28,800Beginning work-in-process conversion $5,040Direct materials added during month $216,000Conversion costs incurred during the month $139,200Direct materials are added at the beginning of the process. Conversion costs are incurred uniformlythroughout the production process. Costing is handled on a FIFO basis Required:a. Prepare a production cost worksheet using 5 steps approach.b. Under what conditions would a process costing system be more appropriate than a job order costing system? Explain.The demand for subassembly Sis 100 units in week 7.Each unit ofS requires 1 unit ofT and 2 units ofU. Each unit ofT requires I unit ofY, 2 units ofW, and 1 unit of X. Finally, eachunit of U requires 2 units of Y and 3 units of Z. One firm manufacturesall items. It takes 2 weeks to make S, 1 week to make T, 2 weeks to make U, 2 weeks to make Y, 3 weeks to make W,I week to make X, 2 weeks to make Y, and I week to make Z.a) Construct a product structure. Identify all levels, parents, and components.b) Prepare a time-phased product structure.
- Cara Ryder manages a ski school in a large resort and is try-ing to develop a schedule for instructors. The instructorsreceive little salary and work just enough to earn room andboard. They receive free skiing and spend most of their freetime tackling the resort’s notorious double black-diamondslopes. Hence, the instructors work only 4 days a week. Oneof the lesson packages offered at the resort is a 4-day begin-ner package. Ryder likes to keep the same instructor with agroup over the 4-day period, so she schedules the instructorsfor 4 consecutive days and then 3 days off. Ryder uses years ofexperience with demand forecasts provided by managementto formulate her instructor requirements for the upcomingmonth.a. Determine how many instructors Ryder needs to employ.Give preference to Saturday and Sunday off. (Hint: Lookfor the group of 3 days with the lowest requirements.)b. Specify the work schedule for each employee. How muchslack does your schedule generate for each day?The XYZ company produces all type of office furniture. The “Executive Secretary” is a chair that has been designed using ergonomics to provide comfort during long office hours. The chair sells for $130. There are 480 minutes available during the day, and the average daily demand has been 50 chairs. There are eight tasks; Task Time (min) Immediate predecessor A 4 - B 7 - C 6 A, B D 5 C E 6 D F 7 E G 8 E I 6 F, G a) Draw a precedence diagram of this operation b) What is the cycle time for this operation? c) What is the theoretical minimum number of workstations? d) Assign tasks to the workstations e) What is the idle time per cycle? f) What is the efficiency of the assembly line?Culinary Creations caters weddings, office parties, and the like. Monica, the owner of Culinary Creations, offers delectable dishes and impeccable service. Her firm has gained a reputation for offering unique themed dinners and parties. Consequently, there is no shortage of demand. If a customer wants to customize a party beyond the regular “themes,” the customer must reserve a date several months in advance so that Monica can plan for all contingencies and deliver perfection. Culinary charges a premium price for its unique services. Required: a. Describe three internal processes that Culinary must execute well to deliver on its value proposition. Justify your choices. b. What might be the appropriate performance measures for these critical processes?
- William Beebe owns a small shoe store. He has 10 pairs of shoes that requireresoling and polishing. He has a machine that can resole one pair of shoes at atime, and the time required for the operation varies with the type and condition of theshoe and the type of sole that is used. Shoes are polished on a machine dedi-cated tothis purpose as well, and polishing is always done after resoling. His assistant generally does the polishing while Mr. Beebe does the resoling. The resoling and polishingtimes (in minutes) are Shoes Resoling Time Polishing Time1 14 32 28 13 12 24 6 55 10 106 14 67 4 128 25 89 15 510 10 5In what order should the shoes be repaired in order to minimize the total makespanfor these 10 jobs?The Theory of Constraints method is also referred to as the drum-buffer-rope method. Question content area bottom Part 1 True FalseTerry, Inc., makes gasoline storage tanks. All production is done under contract. The company makes three basic models, but each model must be adapted to customer specifications for the location of outlets, insulation, and paint. It takes from three to six months to complete a tank. How should Terry account for the income for the business?