At what tolerance should the panels be manufactured

Assignment Help Cost Accounting
Reference no: EM13876487

Taguchi Loss Function Analysis (Appendix) Duramold specializes in manufacturing molded plastic panels to be fitted on car doors. The blueprint specification for the thickness of a high-demand model calls for 0.1875 ± 0.0025 inch. It costs $120 to manufacture and $150 to scrap a part that does not meet these specifications. The thickness measure for the unit just completed is 0.1893 inch.

Required

1. Use the Taguchi Loss Function, L(x), to determine:

a. The value of the cost coefficient, k

b. The amount of loss for the unit, L(x = 0.1893)

2. Assume that Duramold can eliminate the uneven thickness by adding a production worker, at the critical production point, for $6 per unit. Under this assumption:

a. At what tolerance should the panels be manufactured? Show calculations.

b. What should be the production specification for these panels?

Reference no: EM13876487

Questions Cloud

How would you construct typologies : Discuss a research question that involves typologies. How would you construct typologies
History of political development of the nation states : The course is about fundamentals of political economy, not about the pure history of political development of the nation states. And also, for this question, I believe the instructor would like me to focus on economical pillars of the hegemony and..
What is the only thing good without qualification : What is the only thing good without qualification and Why does Kant claim that the only thing good without qualification is a good will?
Determining the horizontal and vertical tracks : Rod ABD is guided by wheels at A and B that roll in horizontal and vertical tracks. Knowing that at the instant shown n ß =60° and the velocity of wheel B is 800 mm/s downward, determine
At what tolerance should the panels be manufactured : At what tolerance should the panels be manufactured? Show calculations. What should be the production specification for these panels?
Customer profitability revenue and cost effects : Consider the Business Application feature, "Customer Profitability Revenue and Cost Effects."
Ideal performance management system : Create a presentation of an ideal performance management system (PMS) that you would implement as the human resources (HR) manager of an organization (fictional or real).
Prepare value stream income statement for marshall company : The traceable operating costs, the company had manufacturing costs of $116,750,000 and selling and administrative costs of $25 million. Prepare the value stream income statement for Marshall Company.
Consider the following actions of a college : Consider the following actions of a college trying to manage the costs of its library.

Reviews

Write a Review

Cost Accounting Questions & Answers

  Cost accounting assignment

Evaluate Method of measuring costs associated with production, budgeting process, normal job-order costing system , master budget, cycle time.

  Prepare the journal entries

Prepare the journal entries to record the bond issue and interest expense.

  Advise as to the liability of all the parties

Write a report on given case study and Advise as to the liability of ALL the parties both under common law and the Corporations Law.

  Prepare revenues budget

Prepare Revenues budget and Production budget in units

  Effect of exchange rate changes on cash and cash

Effect of exchange rate changes on cash and cash

  Corporate governance

You are to reflect on how this case of China Sky relates to what the arguments for and against allowing audit firm partners and/or employees to join audit committees.

  Cost-benefit analysis

A cost-benefit analysis of electronic medical records in primary care

  Non-annual interest rates and annuities

Theory of Interest- Non-annual interest rates and annuities

  Job costing in service organizations

How is job costing in service organizations different from job costing in manufacturing environments?

  Accounting for bad debt expense

Accounting for bad debt expense

  Accounting and partnership problems

Accounting and Partnership problems

  Development of relevant cash flows

Development of relevant cash flows - Cost estimating and financial analysis

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd