Consider the following two-stage production process with a buffer between the two stages: Stage 1 => Wait => Stage 2.
The first stage operates on an 8-hour shift, and has a processing speed of 30 gadgets per hour. The second stage operates on a 12-hour shift, and has a processing speed of 20 gadgets per hour. Both shifts start at 8am. Answer the following questions sequentially.
What is the process capacity per hour? (4 marks)
What is the cycle time of the process? (4 marks)
Describe how the inventory level of the buffer changes during a day. When do the maximum and minimum inventory levels occur during each day? What are the maximum and the minimum levels? (4 marks)
Let the average inventory level of the buffer be the mid-point of the maximum and minimum inventory levels of a day, calculated in (c). Use Little’s law to find the average time that each gadget stays in the buffer. (4 marks)
What is the average time that each gadget goes through the two-stage production process (i.e., the throughput time)? (4 marks)
You invest $180 now and receive two payments of $107.19, one at the end of three years and one at the of six years. Determine the rate of return. (%)Jun 13 2018
Tom Co. leased equipment it had manufactured to Jerry Corp. on January 1, year 1, for a 10-year period expiring December 31, year 10. Equal payments under the lease are $...Aug 11 2020
Joe Novak Corporation sold accounts receivables to Huskie Financing without recourse. If the sale of receivables had been with recourse, Joe Novak Corporation would have ...Sep 03 2020
Problem 13-9 Returns and Variances [LO1]Consider the following information:Rate of Return if State Occurs State ofProbability of EconomyState of EconomyStock AStock BSt...May 03 2020
1. Write a Hello World program. 2. Write a program that prompts the user for a radius value and outputs the area and circumference of a circle. The area and circumferenc...May 27 2020
Do you believe it is ethical for an employer to mine social networking sites for personal information about employees? Does it matter if the information refers to behavio...May 06 2020
Homework Assignment #8 Name: __________________________ All calculations should be done in Word using Equation Editor and all charts and graphs should be done in Excel. U...Aug 04 2020
Where are unionizing efforts focused today? >Jun 02 2020
Show transcribed image text Ricardo Construction began operations on December 1. In setting up its accounting procedures, the company decided to debit expense accounts ...Aug 12 2020
Concept DigestionLinking the concept of digestion with the concept of acid-base balance:Question 1What type of acid-base imbalance could occur in a client experiencing na...Apr 16 2020
Welcome to MyCourseHelp Services, World's leading Academic solutions provider with Millions of Happy Students.