A manager wants to determine the number of containers to use for incoming parts for a kanban system to be installed next month. The process will have a usage rate of 79 pieces per hour. Because the process is new, the manager has assigned an inefficiency factor of .24. Each container holds 49 pieces and it takes an average of 90 minutes to complete a cycle.
a-1. How many containers should be used? (Round up your answer to the next whole number.)
Number of containers: ???
a-2. As the system improves, will more or fewer containers be required?
multiple choice
Fewer
More
Answers
a-1. The number of containers to be used in the kanban system is 3 (rounded up from 2.5). a-2. As the system improves, fewer containers will be required.
a-1. To determine the number of containers to use for the kanban system, we need to calculate the container replenishment time. The container replenishment time is the time it takes to use up one container of parts.
Given:
Usage rate: 79 pieces per hour
Inefficiency factor: 0.24
Container size: 49 pieces
Cycle time: 90 minutes (or 1.5 hours)
First, we need to calculate the adjusted usage rate by considering the inefficiency factor:
Adjusted usage rate = Usage rate * (1 + inefficiency factor)
Adjusted usage rate = 79 * (1 + 0.24)
Adjusted usage rate = 79 * 1.24
Adjusted usage rate ≈ 98.0 pieces per hour
Next, we can calculate the container replenishment time:
Container replenishment time = Container size / Adjusted usage rate
Container replenishment time = 49 / 98.0
Container replenishment time ≈ 0.5 hours
To determine the number of containers needed, we divide the cycle time by the container replenishment time:
Number of containers = Cycle time / Container replenishment time
Number of containers = 1.5 / 0.5
Number of containers = 3
a-2. As the system improves, fewer containers will be required. Improvement in the system may result in reduced inefficiencies, shorter cycle times, or increased usage rates, which would lead to a decreased need for inventory (containers). The goal of continuous improvement in a kanban system is to minimize inventory and achieve a smooth, efficient flow of materials.
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Related Questions
9. The injection molding machines need to be replaced. The list is narrowed down to two options based on various parameters like screw diameter, injection pressure, injection capacity, rate, rpm, etc. You are asked to make a recommendation based on the following financial information. The Cincinnati Milacron Plastic Injection Molding Machine costs $80,000 and the Kawaguchi machine costs $120,000. Based on the capacity of these machines, it can be safely estimated that the revenue for Cincinnati will be $30,000 for year 1 and $41,500 for Kawaguchi. It is also assumed that the capacity could be increased and thereby the revenue by 20% every year for the next few years. The maintenance costs for both machines will be $2,000 and the amount will increase by $5,000 every year for the next few years. According to other companies that use similar machines, these machines are capable of producing products for 5 years before major breakdowns occur. Since this is a rough estimate, you can use straight line depreciation over the next five years. The marginal tax rate for this company is 40%. a) Assuming an after-tax MARR of 15%, calculate the PW of the after-tax cash flow. b) Perform a sensitivity analysis by changing the after-tax MARR from 10% to 20%. Hint: You can use Excel’s DATA TABLE to facilitate calculations.
Answers
Based on the financial information provided, the Kawaguchi machine is the better investment option with a PW of $91,147.17 at an after-tax MARR of 15%. However, a sensitivity analysis should be performed to determine the range of MARRs for which this decision is valid.
Based on the financial information provided, we can calculate the present worth (PW) of the after-tax cash flow for both machines using an after-tax minimum attractive rate of return (MARR) of 15%. To do so, we first need to calculate the annual cash flow for each machine, taking into account the revenue, maintenance costs, and depreciation. For the Cincinnati machine, the annual cash flow for year 1 would be $30,000 - $2,000 - ($80,000/5) = $12,400, and for the Kawaguchi machine, it would be $41,500 - $2,000 - ($120,000/5) = $25,500. We can then use the formula for PW of an uneven cash flow to calculate the PW of the after-tax cash flow for each machine over 5 years, using a marginal tax rate of 40%. For the Cincinnati machine, the PW would be $47,443.55, and for the Kawaguchi machine, it would be $91,147.17. Therefore, based on these calculations, the Kawaguchi machine would be the better investment option. To perform a sensitivity analysis, we can use Excel's Data Table feature to calculate the PW of the after-tax cash flow for both machines at different after-tax MARRs between 10% and 20%. We can input the different MARR values in a column and use the PW formula in the adjacent column to calculate the PW for each MARR. We can then use Excel's chart feature to plot the results and determine the range of MARRs for which each machine is the better investment option.
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if the economy starts out with a balanced federal budget, a subsequent expansionary fiscal policy will create a ______.
Answers
If the economy starts out with a balanced federal budget, a subsequent expansionary fiscal policy will create a budget deficit.
Expansionary fiscal policy involves increasing government spending or decreasing taxes to stimulate economic activity and boost economic growth. This can result in an increase in aggregate demand, leading to higher output, employment, and inflation.
However, the increased government spending or tax reductions would also mean lower government revenue, which could create a budget deficit. Therefore, implementing expansionary fiscal policy often means accepting a temporary budget deficit in order to achieve longer-term economic goals. It can also be used during times of high unemployment, when there is a need to create jobs and reduce poverty. Therefore, the use of expansionary fiscal policy must be carefully considered and balanced with other macroeconomic policies.
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John F. Kennedy believed that a leader should be ?
Answers
Answer:
kn
Explanation:
Answer: B
Explanation:
You are the project manager on a new IT project launched at Mega IT company. The project
goal is to convert all the systems to be cloud-based, but no one knows how big this job is or
even what the work breakdown structure would be. There is a concern that the scope will
keep growing. The project steering committee decides to approach the project by using
progressive elaboration.
However, company executives expect the project to be finished within a very short space of
Answers
The progressive elaboration is the process of defining and detailing work further as the project progresses.
It is used The project steering committee decides to use progressive elaboration to approach the project. This method will allow them to determine the complete scope of the project as the project progresses. In the beginning, they have a main answer on the goal of the project and not much else.
As the project moves forward, they will get more information, which will allow them to elaborate further on the project's scope. This method gives the project team the flexibility to change the project scope based on new information, which reduces the risk of the project running into roadblocks. Because the project has a large scope, and there is no work breakdown structure, the progressive elaboration method is useful.
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Suppose a company decides to lay off 150 workers to increase share values as a result some interested parties would benefit while others would suffer this scenario demonstrates the concerns with the _____ theory of social responsibility.
A. Maximizing profits
B. Stakeholder interest
C. Corporate citizenship
D. Moral minimum
Answers
Answer:
Corporate citizenship
Regardless of which method you choose, why is it important to pay at least the monthly minimum payment on every debt? Your credit history is erased and you have a "thin file". Federal and state governments can increase your taxes if you don't make the minimum payment. You will have to pay fees and your credit score will decrease. Your credit score will increase by at least 30 points.
Answers
Answer:
You will have to pay fees and your credit score will decrease.
Explanation:
If you do not make at lest the minimum payments for all your outstanding debts, the lender will probably charge you late payment fees (which can be very expensive), and your credit score will certainly decrease. This will end up increasing your future credit costs and hurt your ability to access them.
You are managing a project to build an urgent care clinic. Your company is expanding and has constructed 25 clinics so far. Which estimating technique makes the most sense to use in this situation?
Answers
Answer:
Delphi technique
Explanation:
The Delphi model is a technique of group communication in which a panel of experts reach consensus on a set of questions and discussions. This is used to predict or to forecast. First, choose an effective facilitator and experts with relevant expertise, and ensure that the issue is well established after that they reach with a decision
Therefore in the given case, the delphi technique is used
Which of the following is an intangible noncurrent asset?
Answers
Answer:
Trademark
Explanation:
In macroeconomics, the connection from inputs to outputs for the entire economy is called _______________.
Answers
Answer:
an aggregate production function. Hope it helps!
What is a major function of the public sector
Answers
Answer:
Public sector provides many services such as; education, health and social care.
Typically, salary of a job grows when: *
A. amount of time on the job has increased
B. employer likes the employee
C. employee demands a raise
D. motivation, desire, and attitude of an employee grows in a positive direction.
Answers
Answer:
D
Explanation:
motivation, desire, and attitude are the most important aspects when it comes to your job. Having your boss like you is great and all, but it won't get you a raise.
Under GASB standards, financial information useful for assessing operational accountability is primarily reported in which financial statements? Government-wide Financial Statements Fund Financial Statements a. No Yes b. Yes No c. Yes Yes d. No No
Answers
Answer: b. Yes; No
Explanation:
The Government Accounting Standards Board (GASB) is simply a non-governmental organization which is private that helps in the creation of accounting reporting standards, for both states in the United States and the local governments.
Under GASB standards, financial information useful for assessing operational accountability is primarily reported in the Government wide financial statements and not the Fund Financial statements.
Posttest
Your boss called you inta meeting this morning to tell you that he feels that you are not being as productive as you could be. He thinks you are wasting time on things that don't matter. What is the best strategy to address his concerns and to help you overcome whatever productivity issues you may have?
Answers
Approach your boss's concerns with an open mind, being transparent about your work activity, taking ownership of your progress, setting goals and deadlines, prioritizing your work, and using productivity tools can help to address any productivity issues you may be facing.
Tips that may help you approach the conversation with your boss in a productive manner:1. Listen carefully to your boss's concerns: Your boss's feedback is valuable, and it's important to listen to what they have to say about your productivity. Make sure to fully understand their concerns before responding.
2. Be transparent about your work:- Provide your boss with a detailed account of your work activities so that they can get a better sense of what you are spending your time on.
3.Take responsibility for improvement: As an employee, it's important to take ownership of your productivity issues and find solutions to any weaknesses that have been identified. Instead of blaming external factors, focus on what you can do differently to become more efficient and productive.
4. Set clear goals and deadlines: Work with your boss to set specific goals and deadlines for your work. This will help you stay focused and give you a clear sense of what you need to accomplish each day.
5. Prioritize your work: There are always going to be distractions and competing demands on your time, but it's important to prioritize your work based on what is most important and what will have the greatest impact on achieving your goals.
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What information does a lead contain in a news story?
Answers
Answer:
1st one
Explanation:
Explain how most businesses are both debtors and creditors.
Answers
Answer:
The reason why most companies are both debtors and creditors is that customers can owe services to companies and they have economic commitments to pay.
Alicia would like to make important text in her spreadsheet stand out. Alicia should _____.
use light-green text on a yellow background
add some arrows to point to the cells
use underlining or bold text
use a fancy font
Answers
Dominic, an HR manager, is expecting a labor surplus for the company in the month of November. This gives Dominic nearly eight months to deal with the problem. In order to reduce the labor surplus, Dominic decides to use a __________ strategy, which causes less suffering for employees.Group of answer choicesdownsizingtransfer
Answers
There are reasons to freeze hiring process. Dominic decides to use a hiring freeze strategy, which causes less suffering for employees.
What is hiring freeze?This is known as a time when a company put on hold their hiring of new personnel for a temporary timeframe.
When a company is known to be under financial stress or economic meltdown, hiring freezes are known to be a tool that is often used.
Conclusively, The temporary freezes is known to last for about 3-6 months.
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Why can communicating with someone with a different background than yours present challenges?
Answers
What is the basic economic problem that societies must solve?(1 point)
A)How to allocate resources in order to best satisfy the needs and wants of people.
B)Who will consume the goods and services?
C)What goods and services should be produced?
D)How will the goods and services be produced?
Answers
Answer:
A) How to allocate resources in order to best satisfy the needs and wants of people.
Explanation:
None of the other answers matter if that isn't the starting question.
Answer:
How to allocate resources in order to best satisfy the needs and wants of people.
Explanation:
The owner of a go-kart racetrack would like to have a ratio of 2 red racers for every 3 green mini-trucks. The racetrack currently has 11 red racers and 21 mini-trucks. Which equation could she use to determine x, the number of additional red racers she should purchase in order to achieve the desired ratio?
Answers
The equation that the owner of a go-kart racetrack would use to determine x, the number of additional racers she should purchase in order to achieve the desired ratio of 2:3 is x = 21/3 x 2 - 11 or x = 14 - 11.
What is an equation?An equation shows the state of equality between two expressions. In mathematics, it shows that the two sides are equal after solving the various unknown variables.
Data and Current possessions:The desired ratio of red racers for green mini-trucks = 2:3
Red racers = 11
Mini-trucks = 21
To achieve the desired ratio, the red racers must be 14 racers against 21 mini-trucks, which gives a 2:3 ratio.
Thus, since there are 11 red racers, an additional 3 are required, and the equation required to achieve this ratio is x = 21/3 x 2 - 11 or x = 14 - 11.
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does fat and soap have the same density?and why?
Answers
Answer:
Soap is soluble in water, but fat is not. Fat has a melting point above 47C and soap has a melting point above 100C. Fat has a density of 0.92 g/cm3 and soap has a density of 0.84 g/cm3. These are all properties that make fat and soap different substances.
Explanation:
Which of the following items are included in The Code of Professional Ethics of the American Institute of Certified Public Accountants: weigh all sides of decisions.
a. weigh all sides of decisions.
b. attending annual meetings.
c. generate innovative approaches to accounting.
d. integrity and objectivity.
Answers
Integrity and objectivity are the items are included in The Code of Professional Ethics of the American Institute of Certified Public Accountants.
What is meant by professional code of ethics?This is the term that is used to refer to the code that is used to apply to all of the people that would work in a particular organization that are meant to guide the behavior of the people in the organization and also check the ways that people would act.
Hence we can say that Integrity and objectivity are the items are included in The Code of Professional Ethics of the American Institute of Certified Public Accountants..
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Morganton Company makes one product and it provided the following information to help prepare the master budget: The budgeted selling price per unit is $70. Budgeted unit sales for June, July, August, and September are 8,200, 13,000, 15,000, and 16,000 units, respectively. All sales are on credit. Thirty percent of credit sales are collected in the month of the sale and 70% in the following month. The ending finished goods inventory equals 20% of the following month’s unit sales. The ending raw materials inventory equals 10% of the following month’s raw materials production needs. Each unit of finished goods requires 5 pounds of raw materials. The raw materials cost $2.50 per pound. Thirty percent of raw materials purchases are paid for in the month of purchase and 70% in the following month. The direct labor wage rate is $14 per hour. Each unit of finished goods requires two direct labor-hours. The variable selling and administrative expense per unit sold is $1.40. The fixed selling and administrative expense per month is $63,000. 5. If 76,000 pounds of raw materials are needed to meet production in August, how many pounds of raw materials should be purchased in July?
Answers
Raw materials needed for July production = 8,200 units x 5 lbs/unit = 41,000 lbs
Ending raw materials inventory = 10% of August production needs = 10% x 76,000 lbs = 7,600 lbs
Total raw materials needed in July = 41,000 + 7,600 = 48,600 lbs
Purchases in July = 48,600 - 41,000 (raw materials needed for July production) = 7,600 lbs
according to the equation of exchange, if the velocity of money and the supply of money are fixed, and the price level increases, then the quantity of goods and services purchased:
Answers
If velocity and supply of money are fixed, and price level increases, then quantity of goods and services purchased : (b) Decreases.
According to "equation-of-exchange", MV = PQ, where M = supply of money, V = velocity of money, P = price level, and Q = quantity of goods and services purchased,
If the velocity of money (V) and the supply of money (M) are fixed, and the price level (P) increases, then according to equation-of-exchange, the quantity of goods and services purchased (Q) would decrease.
This is because, with a fixed supply of money and a fixed velocity of money, an increase in "price-level" would mean that each unit of money can buy fewer goods and services.
Therefore, the correct option is (b).
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The given question is incomplete, the complete question is
According to the equation of exchange, if the velocity of money and the supply of money are fixed, and the price level increases, then the quantity of goods and services purchased :
(a) Increases
(b) Decreases.
true or false? a major limitation of advertising over publicity is that advertising has credibility issues.
Answers
False. A major limitation of advertising compared to publicity is not necessarily credibility issues.
While it's true that advertising messages are controlled by the advertiser and may be perceived as biased or less credible by some consumers, it doesn't imply that advertising as a whole has credibility issues.
Publicity, on the other hand, refers to the attention and coverage received through non-paid media channels, such as news articles, press releases, and word-of-mouth. It is often seen as more credible because it is generated by third-party sources and not directly controlled by the company.
However, it's important to note that both advertising and publicity have their own strengths and limitations. Advertising allows companies to have more control over their message and reach a targeted audience, while publicity can provide more unbiased information and leverage the credibility of media outlets. The effectiveness and credibility of advertising or publicity depend on various factors, including the specific context, audience, and execution.
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Andre eams $4000 a month at his new job. In order to track his spending and saving, he created a monthly budget. Andre divided his income into five categories and created the following circle graph to resent the budget he created for himself. Use this circle graph to answer the following questions Monthly Budget Other, 22% Rent 33% Savings 25% utilities 8% Groceries 12%, How much more money does Andre budget for savings than for groceries and utilities? How much more money does Andre budget for savings than for groceries and utilities? write your answer as a dollar amount.
Answers
Answer:
Total income: $4,000
Other (22%) = $4,000 * 0.22 = $880
Rent (33%) = $4,000 * 0.33 = $1,320
Savings (25%) = $4,000 * 0.25 = $1,000
Utilities (8%) = $4,000 * 0.08 = $320
Groceries (12%) = $4,000 * 0.12 = $480
How much more money does Andre budget for savings than for groceries and utilities?
As seen above, Andre spends $800 in groceries and utilities ($320 + $480), and he sets aside $1,000 for saving, so he budgets $200 more for this purpose.
revenue is recorded at the time a sale is made, but cash receipts are recorded when money actually flows into the firm.
True or False
Answers
The statement is true because revenue recognition and cash receipts follow different accounting principles.
Revenue is recorded at the time a sale is made, following the accrual accounting principle, which states that revenue should be recognized when it is earned, regardless of when cash is received.
On the other hand, cash receipts are recorded when money actually flows into the firm, following the cash accounting principle, which only records transactions when cash is exchanged.
Therefore, a company can recognize revenue even before receiving the cash payment from customers, while cash receipts are recorded only when the payment is physically received.
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C. the "difference between growth and value shares involves a distinction based on book-to-market value. justify the low book-to-market ratios of growth shares versus high book-to-market ratios of value shares. (10 marks)
Answers
Answer:
Explanation:
C. the "difference between growth and value shares involves a distinction based on book-to-market value. justify the low book-to-market ratios of growth shares versus high book-to-market ratios of value shares. (10 marks)
The Johnsons are purchasing their first family vehicle, a used 2012 Honda Odyssey, for $15,000. If they plan to save for the next 2 years (24 months), how much will they need to save each month?
Answers
Answer:
15000÷24 = 625 this is the answer
The Johnsons are purchasing their first family vehicle, a used 2012 Honda Odyssey, for $15,000. If they plan to save for the next 2 years (24 months),they need to save Rs.625 per month.
15000/24= 625
What is family?"family is a group of persons united by the ties of marriage, blood, or adoption, constituting a single household and interacting with each other in their respective social positions, usually those of spouses, parents, children, and siblings. The family group should be distinguished from a household, which may include boarders and roomers sharing a common residence. It should also be differentiated from a kindred (which also concerns blood lines), because a kindred may be divided into several households. Frequently the family is not differentiated from the marriage pair, but the essence of the family group is the parent-child relationship, which may be absent from many marriage pairs."
A family consists of an adult and his or her offspring. Most commonly, it consists of two married adults, usually a man and a woman (almost always from different lineages and not related by blood) along with their offspring, usually living in a private and separate dwelling. This type of unit, more specifically known as a nuclear family, is believed to be the oldest of the various types of families in existence. Sometimes the family includes not only the parents and their unmarried children living at home but also children that have married, their spouses, and their offspring, and possibly elderly dependents as well; such an arrangement is called an extended family.
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what do you mean by problem solving skill ?
Answers
Answer:
Explanation:
problem-solving skill is the skill that refers to solving a problem in a situation. For instance, a problem would be a spill, and wiping it with a tissue would be the solution.
Answer:I hope this help I loving helping people good luck itchai72777
Explanation:
Problem-solving skills are the ability to identify problems, brainstorm and analyze answers, and implement the best solutions. An employee with good problem-solving skills is both a self-starter and a collaborative teammate; they are proactive in understanding the root of a problem and work with others to consider a wide range of solutions before deciding how to move forward
Problem solving is the act of defining a problem; determining the cause of the problem; identifying, prioritizing, and selecting alternatives for a solution; and implementing a solution. The problem-solving process. Problem solving resources
It is the methods we use to understand what is happening in our environment, identify things we want to change and then figure out the things that need to be done to create the desired outcome. Problem solving is the source of all new inventions, social and cultural evolution, and the basis for market based economies