What is the maximum revenue with a single shift

Assignment Help Operation Management
Reference no: EM13227806

Given the following data for Albert's fabricating production area: Fixed costs for one shift = $60,000 Unit variable cost = $7 Selling price = $12 Number of machines = 5 Number of working days in year = 340 Processing time per unit = 40 minutes a. What is the annual capacity with a single 8-hour shift? b. What is the capacity with two shifts? c. What is the break-even volume with a single-shift operation? Using Equation 2.1 d. What is the maximum revenue with a single shift? e. What is the break-even volume with a two-shift operation? Using Equation 2.1

Reference no: EM13227806

Questions Cloud

Compute the ph and concentration of all species : calculate the pH and concentration of all species present assuming that the activity coefficients are equal to 1.0 for all species
how many clerks and typists should be hired : how many clerks and typists should be hired assuming a 80 percent target utilization rate?
Explain deduced from the presence of the decay products : A rock is found to contain 83.7% of the amount of uranium-238 that it contained when it was formed. (The amount that the rock contained when it was formed can be deduced from the presence of the decay products of u-238 .) How old is the rock?
Calculate the essential bandwidth using energy percentage : a. Plot the spectra of X(w) = t sinc(wt/2). Let t = 1 and -20 =
What is the maximum revenue with a single shift : Using Equation 2.1 d. What is the maximum revenue with a single shift? e. What is the break-even volume with a two-shift operation?
What is the maximum effective capacity of the system : What is the maximum effective capacity of the system in number of passengers per hour?
Does the firm need to buy more machines : Forecast demand: 60 79 81 84 84 Demand/capacity ratio c. Does the firm need to buy more machines? If so, how many? When? If not, justify.
Explain absorb energy or emit energy : As the electron in a hydrogen atom jumps from the = 3 orbit to the = 7 orbit, does it absorb energy or emit energy?
Discuss the significance of field of experience : Discuss the significance of "field of experience" in communication and what is feedback and how should managers use it when communicating?

Reviews

Write a Review

Operation Management Questions & Answers

  Based on this data and the multiplicative seasonal model

Based on this data and the multiplicative seasonal model, what will the demand level be for Mark's sailboats in the spring of 2011?

  Explain how would you handle this situation

You are a new CEO of a large business. Your supply chain department managers are very good; explain however, they have a hard time cooperating with each or on mutual business goals. Each 1 tries to maximize their areas results. Explain how would y..

  Explain how maintenance and housekeeping do in fact

Explain how maintenance and housekeeping do in fact help to accomplish main objectives of lean production-delivering value to customer through a flow system.

  Creating direct labor budget

Madden Industries manufactures three models of a product in a single plant with two departments cutting and assembly. The company has estimated costs for each of the three product models the zip, the flash and the royal models.

  Describe the type of project you worked on

Describe how you reviewed the contracting and procurement activities on each project you worked on previously and describe the type of project you worked on.

  Ethical implications in organizational reality

You must ponder on an organization's responsibility to its workers whose skills have become obsolete. Considering the rapid pace of technological change.

  Scholarships office that you would receive

You have just notified by the Student Aid and Scholarships Office that you would receive a regent's scholarship of $2000 for the coming academic year.

  Explain how are the mean activity times

Explain how are the mean activity times and activity variances computed in probabilistic CPM/PERT analysis.

  Carlson''s machine center has a relatively long backlog

Carlson's machine center has a relatively long backlog and sets fresh schedules every 2 weeks, which do not disturb earlier schedules

  Illustrate what is the productivity

Illustrate what is the productivity. Illustrate what is the main assumption that requires holding true in order for these computed answers to be valid.

  Calculate the ending balance of work in process

Predetermined Overhead Rate, Application of Overhead to Jobs, Job Cost On April 1, Sangvikar Company had the following balances in its inventory accounts.

  Determination of a solution in countrywide financial

Evaluate two or three solutions to problem also identify primary moral principles also ethical values that should guide or influence determination of a solution in Countrywide Financial: Subprime Mektdown Case Study.

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