Mctalworks, Inc., reccived four orders for specially designed genrs. Lach tyear must go through iwo departments in sequence, Hobbitig and Machining. The supervisors estimated the time required for each order. Expresed in dnys, thesce time are There is no backlog in the departments on orders in process. To minimize time in departments, select the shortest times for order: in both departmeuts. Then scbedite first the orter requiring the lenst amount of hobbing time. Schodule lest the order requiring the least amount of machining time. Repeat this rulo for each sequence until all orders are sequenced. Required: a. Develop e Gault chast for the four orders. Move each order frem at: department to th:e next minimizing the fotsl time required to cersughte alt orders. b. Deternine how losg it will take to complete work on ail four ordizy. 2'robleru 2 Ace Construction Corrpany developed the following network for building cermy,ley equipment. Your assistance in using the program evaluation revicw tecleniqute is requir- Required: a. Deterwine the critical path. b. Determine the latest time for reaching Event 4 . c. Assunie all other paths operate on schedule but path segment 4-7 has an - unfuvorable time variance of 10 . What is the effect on the critical path? d. Compute the earlicst time for reaching event 5 via peth 0125. mas WORKING CAPITAL MANAGEYENT DR,R. Y : CO I. Brady Sporting Goods, Inc. buys baseballs at P200 per dozen from its wholesaler. Brady will sell 36,000 dozen baseballs evenly throughout the year. Brady desires a 10% return on its inventory investment. In addition rent, insurance, taxes, - etc., for each dozen baseballs - in inventory is P4.00. The administrative cost involved in handling each purchase order is P100. REQUIRED: 1. Determine the Economic Order (EOQ) Quantity in dozens. 2. Assuming Brady ordered in order sizes of 800 dozen evenly throughout the year, determine the total annual inventory costs to sell 36,000 dozen baseballs. 3. Assuming that it tahes 3 working days to receive the order once it is placed, determine when should Brady place an order (reorder point). Assume a 300day year: 3I. Love Company uses a just-in-time system. To produce 20,000 upits for an order, it purchased and used materials cost P250,000 and incurred other manufacturing costs of P150,000 of which P50,000 was labor. All costs were on account. After Love completed production of the 20,000 units and shipped 16,000 units, management needed the Finished Goods Inventory balance for the 4,000 units remaining in inventory for financial statement preparation. The firm incurred costs even across all products. III. Unega Company made sales of P60,000,000 for 2004 and provided the roldewing datas Prevention costs Appraisal costs P 800,000 1,200,000 Internal Failure costs External Failure costs 3,600,000 1,800,000 1. Calculate each category of quality costs as a percentage of sales. 2. Calculate the total quality costs as a percentage of sales. 3. If quality costs were reduced to 3% of sales, determine the increase in profit that would result