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At the beginning of 2018, Vibgyor Company installed a just-in-time (JIT) purchasing and manufacturing system. The following information has been gathered about one of the
At the beginning of 2018, Vibgyor Company installed a just-in-time (JIT) purchasing and manufacturing system. The following information has been gathered about one of the company's products:
Theoretical annual capacity | 4,200 units |
Actual production | 1,600 units |
Production hours available | 600 hours |
Actual conversion cost per hour | $15 |
The theoretical velocity per hour is:
a.2 units.
b.7 units.
c.9 units.
d.3 units.
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