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1. The manufacturing company uses 10,000 units of raw material at its workstations, each 10 hours of production. The cycle time for a standard container, which holds 50 units, averages 30 minutes. If management uses an efficiency factor of 30%, how many containers should be used?
Please do work in Excel and show formulas.
2. The manager of EZ-Mart (open 365 days a year) sells 60 cases of water each day. Order costs are $20 per order, and water costs $0.30 per bottle (each case of water contains 24 bottles). Daily holding costs are equal to 2% of the cost of the water. What is the economic order quantity for water?
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According to a study, the mean price of s gallon of unleaded regular gasoline in the United States is $2.45. A s sample of 25 Chicago area gas stations shows the mean price of $2.55. the standard deviation of the population is known to be $0.50. Deve..
Compute and interpret the machine's Cp, Compute and interpret the machine Cpk, What % of the bottles will be considered under-filled
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Conditions of Performance. The Caplans contract with Faithful Construction, Inc., to build a house for them for $360,000. The specifications state “all plumbing bowls and fixtures … to be Crane brand.” The Caplans leave on vacation, and during their ..
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