Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The Union Manufacturing Company is producing two types of products: A and B. The demand forecasts, batch size, and time standards follow: Product A Product

The Union Manufacturing Company is producing two types of products: A and B. The demand forecasts, batch size, and time standards follow:

Product A

Product B

Demand forecast (units/yr)

1,000

4,000

Batch size (units/batch)

20

10

Processing time (hr/unit)

3.2

4.5

Setup time (hr/batch)

10

20

Both products are produced on the same machine, called Mark I.

Using Table 4.1, what is the total number of hours required of Mark I equipment for the next year?

Use the information in Table 4.1. The company works 250 days per year and operates two shifts, each covering 8 hours. If a 15 percent capacity cushion is maintained, how many hours of capacity can the company expect from each of its Mark I machines?

Use the information in Table 4.1. How many Mark I machines are required to produce Union Manufacturing's for the year's production?

Step by Step Solution

3.26 Rating (141 Votes )

There are 3 Steps involved in it

Step: 1

50 hour required of product H Total no for a HA H Total time for both required Now s 000x 32 ... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Management and Cost Accounting

Authors: Colin Drury

8th edition

978-1408041802, 1408041804, 978-1408048566, 1408048566, 978-1408093887

More Books

Students also viewed these Accounting questions