Requirements 1. Calculate (a) the average amount of time that an order for Z35 will wait in line before it is processed and (b) the average manufacturing cycle time per order for Z35. 2. Sandstone is considering introducing a new product, Y21. The company expects it will receive 30 orders of Y21 in the coming year. Each order of Y21 will take 40 hours of machine time Assuming the demand for Z35 will not be affected by the introduction of Y21, calculate (a) the average waiting time for an order received and (b) the average manufacturing cycle time per order for each product if Sandstone introduces Y21 Print Done The Sandstone Corporation uses an injection molding machine to make a plastic product, Z35, after receiving firm orders from its customers. Sandstone estimates that it will receive 60 orders for Z35 during the coming year. Each order of Z35 will take 100 hours of machine time. The annual machine capacity is 8,000 hours Read the requirements Requirement 1. Calculate a the average amount of time hat an order for Z35 wil wat in ne before it s processed and b the average manufacturing cycle time per order for Z35 Abbreviations used: Capacity Annual machine capacity. Orders Z35 = Annual average number of orders of235 Mfg time Z35 = Manufacturing time per order of Z35 SP Z35-selling price per order of Z35 VC Z35-Variable cost per order of Z35.) (a) Calculate the average amount of time that an order for Z35 will wait in line before it is processed. Begin by selecting the formula to calculate the wait time for 235 Wait time Now enter the amounts into the formula. (Enter the amounts in the same order as shown in the formula.) hours of wait time (b) Calculate the average manufacturing cycle time per order for Z35 Select the formula and calculate the average manufacturing cycle time per order for Z3:5 Average manufacturing cycle time for Z35 Requirement 2. Sandstone is considering introducing a new product, Y21. The company expects it will receive 30 orders of Y21 in the coming year. Each order of Y21 will take 40 hours of machine time. Assuming the demand for Z35 will not be affected by the introduction of Y21, calculate (a) the average waiting time for an order received and (b) the average manufacturing cycle time per order for each product if Sandstone introduces Y21. (Abbreviations used: Capacity Annual machine capacity, Orders Z35 Annual average number of orders of Z35, Orders Y21 Annual average number of orders of Y21, Mfg time Z35- Manufacturing time per order of Z35 Mg time Y21-Manufacturing time per order of Y21. SP Z35-Selling price per order of Z35 SP Y21-Selling price per order of Y21, VC Z35-Variable cost per order of Z35 VC Y21-Variable cost per order of Y21.) (a) Calculate the average waiting time for an order received. Begin by selecting the formula to calculate the average waiting time for an order received Aerage wait time Enter the amounts into the formula now. (Enter the amounts in the same order as shown in the formula.) 21 hours of wait time b) Calculate the averfacturing cylter rder for each product i Sandstone introduces Y1 The average manufacturing cycle time per order for Z35 if Sandstone introduces Y21 is hours The average manufacturing cycle time per order for Y21 is hours
