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A corporation is trying to determine how long it takes for oneproduct to pass through the production process. The following information was gathered regarding how many days the product spent in various production activites:
Activity Number of days
Inspection.......................................... 5Storage.............................................. 6Assemby............................................ 3Handling............................................. 2Painting.............................................. 3Packing............................................... 1
Question:
Determine the company's manufacturing effeciencyratio.
If the company implements a total quality managemnetprogram and a just-in-time system, which of the above activitiescould be eliminated? What would be the change in the company's manufacturing effeciency ratio?
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Karen had the following transactions for 2010: What is Karen's AGI for 2010?
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