a. II all other costs are assumed equal, what is the total cost for each machine for 6,000 holes, assuming that the total cost of each machine is charged to these holes? b. For how many holes will the costs be equal?
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- The following are the car repair shop data: Ticket No. Work Ticket No. Work Ticket No. Work 1 Tires 11 Lube & oil 21 Lube & oil 2 Brakes 12 Lube & oil 22 Tires 3 Tires 13 Tires 23 Lube & oil 4 Brakes 14 Brakes 24 Lube & oil 5 Tires 15 Transmission 25 Lube & oil 6 Lube & oil 16 Battery 26 Tires 7 Brakes 17 Lube & oil 27 Battery 8 Brakes 18 Lube & oil 28 Lube & oil 9 Lube & oil 19 Brakes 29 Brakes 10 Battery 20 Lube & oil 30 Tires Click here for the Excel Data File Problem 9-1 Part a (Algo) a. Prepare a check sheet for the above car repair shop data:[The following information applies to the questions displayed below.] The following are the car repair shop data: TETE Ticket No. Work Ticket No. Work Ticket No. Work 1 Lube & oil 11 Battery 21 Battery Tires 2 Lube & oil 12 Tires 22 3 Brakes 13 Brakes 23 Brakes 4 Lube & oil 14 Transmission 24 Transmission Lube & oil 15 Brakes 25 Brakes Tires 16 Battery 26 Lube & oil 7 Tires 17 Brakes 27 Lube & oil 8. Brakes 18 Tires 28 Lube & oil 9. Brakes 19 Tires 29 Tires 10 Lube & oil 20 Lube & oil 30 Lube & oilA startup company is considering making a part by injection molding. The part is moderately complex and the volume of the part is about 10 cubic centimeters. Assume that the part is designed for injection molding and can be made with a two part mold. The company needs to make 250,000 parts made from ABS plastic. Once the mold is made it will take a worker 1 minute to make one part using the injection molding machine. The company will use contract manufacturing to produce the parts. Estimate the cost per part and explain how you came up with the number. (If you are stuck look at the Contract Manufacturing Cost per Unit section. Also keep in mind that there is no exact right answer, the goal is to come up with a reasonable estimate.) Contract Manufacturing Cost per Unit: It’s not uncommon to hire another company to perform some or all the manufacturing for a product. To estimate the cost use ((Cost of Parts and Materials) + (man hours) × $40)/.75
- The volume of the raw material required for a certain machine part is 2.02 cu. cm. The finished volume is 1.05 cu. cm. The time for machining each piece is 45 seconds for steel and 30 seconds for brass. The costs of steel is P32.50 per kg and the value of steel scrap is negligible. The cost the brass is P60 per kg and the value of brass scrap is P25 per kg. The wage of the operator is P40 per hr and the overhead cost of the machine is P50 per hour. The weight of steel and brass are 0.0081 and 0.0088 kg per cu. cm, respectively. How much is the total cost per piece of steel and brass. Which material will you recommend?Give at least five types of baseball drills.Wall, Corp. (Wall) is the leading manufacturer of drywall in the United States. Dry, Inc. (Dry) has announced plans to begin selling a new and improved type of drywall starting next year. To maintain their position as the leading manufacturer, and to compete with Dry, Wall decided to start producing an improved type of drywall as well. When the production line started, it took 29 hours to make the first batch of 100 8' by 4' sheets. Wall estimates the learning rate to be 75%. Forecasting the cumulative average time per batch to make the first seven batches of 8' by 4' sheets, and using that average, what is the total production hours to make these seven batches of sheets?
- Give at least five types of basketball drills.The volume of raw materials required for a certain machine part is 2.02 cm3. The finished volume is 1.05cm3. The time for machining each pieces is 45 seconds for steel & 30 seconds for brass. The costs of steel P32.50/kg & the value for steel scrap is negligible. The cost of the brass is P60.00/kg & the value of brass scrap is P25.00/kg. The wage of the worker is P40/hr & the overhead cost of the machine is P50.00/hr. The weight of steel & brass are 0.0081 kg & 0.0088 kg per cm3 respectively. Which material will you recommend?You are an experienced machinist with a small tool shop. You have been asked to submit a bid to produce 12 special clamps for a new die that is under construction. You estimate that the material costs (metal and fasteners) for each clamp are $150.00. You also estimate that 10.65 labor hours are needed to produce the first clamp. The value of your labor is $50/hour. From similar orders in the past, you estimate that there is a 90% learning curve for this type of work. Using this information, what is the lowest total bid (cumulative price for 12 clamps) you should submit if you charge a 25% markup on material and you wish to recoup your labor costs? Hint: set up formulas in Excel (see Moodle video). This is a long problem. Round your answer to 2 decimal places and DO NOT include the $ sign or a comma. For example, answer 4567.89 and NOT $4,567.89 Answer: Check
- Puff ‘n’ Stuff Services is a small company that assembles mailings for clients in the Atlanta area. Different-size en-velopes are stuffed with various items such as coupons, ad-vertisements, political messages, and so on, by a staff of workers, who are paid on a piece-rate basis. A time study ofa job has been conducted by an engineering consulting firmusing a subject stuffing manila envelopes. The observationsfrom the time study for 10 cycles of the five-element job andthe performance rating for each element are as follows. a. Using an allowance factor of 10%, compute the stan-dard time for this job. b. If the firm pays workers a piece rate of $0.03 per enve-lope for this job, what would the average worker make per hour, and what would the subject of the study makeper hour?QP (Pty) Ltd is a food processing company that produces pre-prepared meals for sale to the Army Support Base Western Cape (ASB WC) that it supplies to different units for deployment purposes, as well as other food supply companies. The company specialises in three particular pre-prepared meals and has invested significantly in modern manufacturing processes to ensure a high quality product. The company is very aware of the importance of training and retaining high quality staff in all areas of the company. In order to ensure their production employees’ commitment to the company, the employees are guaranteed a weekly salary that is equivalent to their normal working hours paid at their normal hourly rate of R7 per hour. The meals are produced in batches of 100 units. Costs and selling prices per batch are as follows: Meal TR PN BE R/batch R/batch R/batch Selling price 600 500 400 Ingredient K (R5/kg) 150 120 90 Ingredient L (R10/kg) 70 90 40…Tribal Systems, Inc., is opening a new plant and has yet todecide on the type of process to employ. A labor-intensiveprocess would cost $10,000 for tools and equipment and $14 for labor and materials per item produced. A more au-tomated process costs $50,000 in plant and equipment but has a labor/material cost of $8 per item produced. A fullyautomated process costs $300,000 for plant and equipmentand $2 per item produced. If process selection were basedsolely on lowest cost, for what range of production wouldeach process be chosen?