Three workers assembles a particular type of switch

Assignment Help Finance Basics
Reference no: EM13838032

A company in which 1 line that is staffed by three workers assembles a particular type of switch. Currently the threes workers have fixed assignments; each worker fastens a specific set of components on the switch and passes it downstream on a rolling conveyor. The conveyor has capacity to allow a queue to build up in front of each worker. The bottleneck is the middle station with a rate of 11 switches per hour. The raw processing time is 15 minutes. To improve efficiency of the line, management is considering cross-training the workers and implementing some form of flexible labor system.

What is the critical amount of WIP that is needed by this line?

If the current throughput is 10.5 switches per hour with an average WIP level of 7 jobs what is the average cycle time?

What is the practical worst case throughput of the line?

 

Reference no: EM13838032

Questions Cloud

Effect of the social security program on private savings : Suppose that you had information about the amount of private savings during the years before and after the introduction of the Social Security program. How might you carry out a difference-in-difference analysis of the effect of the Social Security p..
Information is given to determine alternative is preferred : If the IRR of Alternative A is 16.91%, the IRR of Alternative B is 14.91%, and MARR is 10.91%, which of the following is correct? alternative B is preferred over alternative A. neither alternative A nor alternative B is acceptable. alternative A is p..
Describing the meaning of addiction : Why are there so many models for describing the meaning of addiction? What defines the differences between use, misuse, and abuse of substances
Briefly explain what is meant by smart goals : Briefly explain what is meant by SMART goals (specific, measurable, achievable, realistic and able to be tracked in time. Goals should also contain stretch components. What does this mean and why is it important?
Three workers assembles a particular type of switch : A company in which 1 line that is staffed by three workers assembles a particular type of switch. Currently the threes workers have fixed assignments; each worker fastens a specific set of components on the switch and passes it downstream on a rollin..
Calculate the change in income : Autonomous aggregate expenditures decreases by $300 million, the marginal propensity to consume is 0.60, marginal propensity to invest is 0.25, and the marginal propensity to import is 0.15. Calculate the change in income.
Calculate the discounted cost : Laura has an undergraduate degree in economics and has been working as a utility rate analyst at the local electricity utility. If she continues on her present career path, the present value of her lifetime earnings is $250,000. Calculate the discoun..
Problem regarding the stage micrometer : Problem 1: The diagram shows a stage micrometer, with divisions 0.1 mm apart, viewed through an eyepiece containing a graticule.
World investment demand as a function of world interest rate : Oceania is a small open economy. Suppose that a large number of foreign countries begin to subsidize investment by instituting an investment tax credit (while adjusting other taxes to hold their tax revenue constant), What happens to world investment..

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

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