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1. Calculate (a) the average amount of time that an order for 239 will wait in line before it is processed and (b) the average
1. Calculate (a) the average amount of time that an order for 239 will wait in line before it is processed and (b) the average manufacturing cycle time per order for 239 2. Sea Life is considering introducing a new product, Y28. The company expects it will receive 25 orders of Y28 in the coming year, Each order of Y28 will take 10 hours of machine time. Assuming the demand for 239 will not be affected by the introduction of 28, calculate (a) the average waiting time for an order received and (b) the average manufacturing cycle time per order for each product, il Sea Life introduces Y28. 3. Sea Life is debating whether it should introduce Y28. The following table provides information on selling prices, variable costs, and inventory carrying costs for 239 and Y28 Selling Price per Order 11 Average Manufacturing Cycle Time per Orders Inventory Carrying Annual Average Less Than 425 More Than Variable Cost Cost per Order per Product Number of Orders Hours 425 Hours per Order 239 20 25,000 $ 24.500 5 13,750 $ 0.00 Y28 25 8.100 5200 4.000 Using the average manufacturing cycle times calculated in requirement 2 should Sea Lito marufacture and sell Y28? Hour 0,20 quirement 1. Calculate the average amount of time that an order for 238 wil wat in line before it is processed and (b) the average manufacturing cycle time per order for 239. (Abbreviations Capacity Annual machine capacity. Orders Z39 Annual average number of orders of 239. Mig time 239 - Manufacturing time por order of 239, SP Z39 - Soling prico por order of 230. VC 239 Variable cost per order 230 Calculate the average amount of time that an order for 230 wil wat in line before it in prossed. Begin by nalocting the formula to calculate the wait time for 230 Orders. 239) * (Mig time 2397 2 * Capacity - Orders of 230 Mig time 230 =Wat time Enter the amounts into the formula now. Enter the amounts in the same order as shown in the form above) 20 30 150 hours of wat time 2. 2.000 30 (b) Calculate the average mancung cycle time por order for 230
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