For letter I; i calculated the answers to be 20x1 = 2600 and for 20x3= 2600. By using the production hours available divide by 40.
For letter J, I calculated the answers to be 20x1 = 1300520 and for 20x3 = 1300456. by adding market size, actual cost and selling price together.
Im not 100% sure if these answers are correct?
At the end of 20x1, Mejorar Company implemented a low-cost strategy to improve its competitive position. Its objective was to become the low-cost producer in its industry. A Balanced Scorecard was developed to guide the company toward this objective. To lower costs, Mejorar undertook a number of improvement activities such as JIT production, total quality management, and activity-based management. Now, after two years of operation, the president of Mejorar wants some assessment of the achievements. To help provide this assessment, the following information on one product has been gathered: 20x1 20x3 Theoretical annual capacity 249,600 249,600 Actual production 208,000 234,000 Market size (in units sold) 1,300,000 1,300,000 Production hours available (40 workers) 104,000 104,000 Very satisfied customers 62,400 117,000 Actual cost per unit $320 $256 Days of inventory 14 7 Number of defective units 12,480 4,680 Total worker suggestions 80 280 Hours of training 260 1,040 Selling price per unit $200 $200 Number of new customers 5,200 25,740 *Amount that could be produced given the available production hours; everything produced is sold. 20x3 % e. Percentage change in actual product cost (for 20x3 only). Enter a decrease as a negative value. 20x3 % f. Percentage change in days of inventory (for 20x3 only). Enter a decrease as a negative value. 20x3 % g. Defective units as a percentage of total units produced. Round your answers to two decimal places (for example, enter 4.628% as "4.63"). 20x1 % 20x3 % h. Total hours of training. 20x1 hours 20x3 hours i. Suggestions per production worker. Round your answers to one decimal place. 20x1 per production worker 20x3 per production worker j. Total revenue. 20x1 20x3 k. Number of new customers. 20x1 20x3 2. Match the appropriate strategic objective to the measures given below. Strategic Objective Measure Unit cost reduction (%) Percentage of new revenues Revenue Percentage of very satisfied customers Market share Number of new customers Cycle time/Velocity Percentage defects Days of inventory
