Determine the processing sequence at the first work center

Assignment Help Finance Basics
Reference no: EM13822233

The following table shows orders to be processed at a machine shop as of 8:00 a.m. Monday. The jobs have different operations they must go through. Processing times are in days. Jobs are listed in order of arrival.

Job Processing

Time (Days)
Due Date

(Days)
Remaining Number

of Operations
A 8         20 2
B 10         18 4
C 5         25 5
D 11         17 3
E 9         35 4

a. Determine the processing sequence at the first work center using each of these rules: (1) First come, first served, (2) Slack per operation.

   
  Sequence for First come, first served (Click to select)A-B-C-D-EB-D-C-A-EC-A-B-D-ED-A-C-B-EE-A-B-C-D  
  Sequence for Slack per operation (Click to select)A-B-C-D-EB-D-C-A-EC-A-B-D-ED-A-C-B-EE-A-B-C-D  

b. Compute the effectiveness of each rule using each of these measures: (1) average completion time, (2) average number of jobs at the work center. (Round your answers to 2 decimal places.)

  First Come, First Served Slack per Operation
  Average completion time                    
  Average number of jobs                    

Reference no: EM13822233

Questions Cloud

Careless be liable for damage caused by their carelessness : Should a person who has been careless be liable for all damage caused by their carelessness or should there be limits?
Careless be liable for damage caused by their carelessness : Should a person who has been careless be liable for all damage caused by their carelessness or should there be limits?
Use the product rule for differentiation to find derivatives : Use the product rule for differentiation to find derivatives in each of the following: I will understand your answer better if you use the formula we are using in school: If f(x)=u(x) . v(x), and if u'(x) and v'(x) both exist, then f'(x) = u(x) . v' ..
Contrast the poorly and well written email messages : Compare and contrast the poorly and well written email messages from the Email Etiquette and Formatting link. What are the possible consequences of poorly written messages? If applicable, describe a time when you received a poorly written business me..
Determine the processing sequence at the first work center : a. Determine the processing sequence at the first work center using each of these rules: (1) First come, first served, (2) Slack per operation. b. Compute the effectiveness of each rule using each of these measures: (1) average completion time, (2) a..
The equation of the line that passes through the points : Y-1=X+8 How do I find the general form of the equation of the line that passes through the points?
Organizational structure based on communication and workflow : Do you think that some industries are more prone to certain types of organizational structure based on communication and workflow issues? If so, what would industries are traditional?
Letter assignment-interview thank you letter : Assume that you have recently interviewed with the company from your cover letter assignment. You feel that your initial interview went rather well, and you would like to thank your interviewer for his or her time and professionalism. However, you sh..
Uses a continuous review inventory system : Sam's Cat Hotel operates 52 weeks per year, 6 days per week, and uses a continuous review inventory system. It purchases kitty litter for $11.70 per bag. The following information is available about these bags. What is the EOQ? What would the average..

Reviews

Write a Review

Finance Basics Questions & Answers

  What is your holding period return

You bought Chemtron stock for $45 a year ago. It is selling for $54 today. What is your holding period return?

  There are 4 years left until maturity

5-year bond with a face value of $1,000 and a coupon rate of 5 percent with annual payments. The bond is currently worth $810.46. If market interest rates remain unchanged, what will be the value of the bond next year when there are 4 years l..

  The fourth period the asset disappears

In the fourth period, if the asset survives, you will be 10. the fourth period the asset disappears. The interest rate between periods is 0 percent. How much is your asset worth today ?

  Calculate the weighted cost of the capital

Assume the following facts about a firm's financing in the next year. Calculate the weighted cost of the capital of this project.

  What is the amount the firm should use as the initial cash

What is the amount the firm should use as the initial cash flow attributable to net working capital when it analyzes this project?

  Calculate the value of a bond

Determine the value of a $1,000 bond which has ten years until maturity and pays quarterly interest at an annual coupon rate of 12%. The required return on similar-risk bonds is 20 percent.

  How much long-term debt does the firm have

It also has current liabilities of $ 150,000, equity of $ 200,000, and retained earnings of $ 100,000. The marginal tax rate for the firm is 30%. How much long-term debt does the firm have?

  Identify the most efficient capital structures

Identify the most efficient capital structures for both a manufacturing company and a software development firm.

  What is the future value of your retirement after 12 years

You deposit $8,000 into a retirement account at the end of the next 12 years earning 10% interest, what is the future value of your retirement after 12 years?

  What are some of the important reasons that this research

confronted by a low productivity the president of oaks international inc. asks a research company to study job

  What is the best estimate of the stock current market value

ABC just paid a dividend of D0 = $4.1. Analysts expect the company's dividend to grow by 31% this year, by 21% in Year 2, and at a constant rate of 6% in Year 3 and thereafter. The required return on this stock is 11%. What is the best estimate of..

  Allowance for children and teens

1) Which of the following is the smartest way to handle allowance for children and teens?

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