What is the minimum time required

Assignment Help Finance Basics
Reference no: EM131892243

1. You're volunteering for a non-profit organization that takes old furniture, repairs it, sands it and polishes it so it can be donated to those in need. You've been placed in charge of the sanding and polishing work centers that have historically been very inefficient at scheduling the projects. You remember something from OM 370 about "Johnson's Rule" and want to apply it to incoming projects to minimize the total time required to complete both tasks. You have the following tasks (in minutes) scheduled for the afternoon.

a. You know from the history files how long it will take for each individual project and task (sand, polish). Using Johnson's Rule, determine the correct project sequence.

b. Using Johnson's Rule, what is the minimum time required (in minutes) to complete both tasks?

c. Based on your answer in part b. How much idle time will the polishing work center have?

Project sand   polish

A 2 4

B 3 3

C 6 3

D 5 4

E 7 6

F 8 10

G 5 7

Reference no: EM131892243

Questions Cloud

What are three common behavioral problems : 1. What are two traits that make a good parent according to Dr. Tanya Byron?
Hiring decisions-motivation-ability : Discuss whether ability or motivation is more important in selecting the right person for the right job. Explain your rationale.
Describe the concept of value addition in operations : Using the value chain analysis of Michael porter, describe the concept of value addition in operations management.
Discuss some forecasting issues that you encounter : Discuss some forecasting issues that you encounter in your daily life. How do you make your forecasts?
What is the minimum time required : Using Johnson's Rule, what is the minimum time required (in minutes) to complete both tasks?
What is the implied return on the company stock : What is your estimate of the current stock price? what is the implied return on the company’s stock over the next year?
Prepare a document that addresses the given scenarios : Using the scenarios above, prepare a 2-3 page Microsoft Word document that addresses 2 of the above scenarios and meets APA standards.
What is the assembly line efficiency : What is your line balance if peak demand is 450 wires per day? What is the assembly line efficiency for each line balance solution.
Similarities between case and situations in organizations : Write two page in response to the case questions that I post for the Parable of the sadhu case. What was the ethical dilemma in the case?

Reviews

Write a Review

Finance Basics Questions & Answers

  Equity position of john position

Calculate the initial value of the transaction, the debit balance, and the equity position of John's position. For each of the following share prices, calculate the actual margin percentage and indicate whether John's margin account would have exces..

  If the company plans to pay a dividend of 385 next year

the stock price of webber co. is 68. investors require an 11 percent rate of return on similar stocks.requiredif the

  Improve listening skills of employees

Do you believe most people are poor listeners or good listeners? What can organizations do to improve listening skills of employees?

  Method of depreciation that allocates the cost of asset

1. The method of depreciation that allocates the cost of an asset to its useful life is _________.

  Lbt5 inc is a company that sells equipment that is used in

lbt5 inc is a company that sells equipment that is used in the production of wind turbines. the firm has 20 debt in the

  The loan can either be paid off as a lump sum of 100000 at

a bank is negotiating a loan. the loan can either be paid off as a lump sum of 100000 at the end of each of the next

  Necessity of attending the conference

Suppose that the corporation has as an integral funding strategy to their strategic plan that they will participate in an IPO in approximately twenty four months.

  Significant challenges to the organization

Multinational performance management presents significant challenges to the organization

  Find the salary after the raise

Salary increases A woman making $2000 per month has her salary reduced by 10% because of sluggish sales. One year later, after a dramatic improvement in sales.

  Unique to the firm and industry

For the firm VERIZON - determine the overall cost of equity for the firm. What are the factors that influence the cost of equity for the firm that are unique?

  What is the dollar amount of your federal tax liability

Imagine that your total gross income for the year is 103.6 thousand. After all the deductions and exemptions, you find that your taxable income is 84.4 thousand.

  What is the dollar value of the tax shield on that debt

Legitron corporation has $350 million of debt outstanding at an interest rate of 9 percent. What is the dollar value of the tax shield on that debt, just for this year, if Legitron is subject to a 35 percent marginal tax rate?

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