A company requires on average 19,331 parts be produced each month (4 weeks, 5 days per week). The company operates with 44 workers. Manufacturing runs 2 shifts with each shift comprised of 7.7 hours and 5 days per week.

How many minutes per part are needed in order to meet demand? (enter to two decimal places)?

Answers

Answer 1

To meet the demand of 19,331 parts per month with the given production schedule and workforce, approximately 27.44 minutes per part are needed.

To calculate the minutes per part needed to meet the demand, we can break down the calculation into several steps:

Calculate the total available labor hours per month:

Total labor hours per day = Number of workers * Shift hours per day

Total labor hours per week = Total labor hours per day * Number of workdays per week

Total labor hours per month = Total labor hours per week * Number of weeks in a month

In this case:

Number of workers = 44

Shift hours per day = 7.7

Number of workdays per week = 5

Number of weeks in a month = 4

Total labor hours per month = 44 * 7.7 * 5 * 4 = 8,840 hours

Calculate the total available minutes per month:

Total available minutes per month = Total labor hours per month * 60

Total available minutes per month = 8,840 * 60 = 530,400 minutes

Calculate the minutes per part:

Minutes per part = Total available minutes per month / Demand

Demand = 19,331 parts per month

Minutes per part = 530,400 / 19,331 = 27.44 (rounded to two decimal places). Hence, the company would need approximately 1.80 minutes per part (27.44 minutes per part divided by 60) in order to meet the demand of 19,331 parts per month.

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Related Questions

Which of the following items would be considered a current liability? (Check all that apply.)
Wages payable
Accounts payable, terms n/30Notes payable, due in 3 months

Answers

Arrears of wages would be considered a current liability.

current liability

Current liabilities are the short-term financial commitments of a corporation that are due within one year or during a regular operational cycle. An operational cycle, also known as the cash conversion cycle, is the amount of time it takes for a business to acquire inventory and convert it to cash from sales. Money owed to suppliers in the form of accounts payable is an example of current debt. Current liabilities are the short-term financial commitments of a corporation that are due within one year or during a regular operational cycle.

Current liabilities are usually settled with current assets, which are assets that are depleted within a year.

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Answer:wages payable

Accounts payable, terms n/30

Notes payable due in 3 months

Explanation:

The _____ of a firm uses information from the sales budget and various cost budgets to develop a forecast of net earnings for the planning period.

Answers

According to business management roles, the "financial manager" of a firm uses information from the sales budget and various cost budgets to develop a forecast of net earnings for the planning period.

This is because the financial managers are the individuals in a firm whose role or responsibility is to ensure that the organization is functioning well financially.

Their roles usually involve providing the financial guidance, developing financial reports, making direct investment activities, etc.

Hence, in this case, it is concluded that the correct answer is "Financial Manager."

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From the following examples, which one correctly defines a leader?

A. Andy is capable of guiding the members of his team.
B. Steven works within the team.
C. Dan assigns work to other members of his team.
D. Alex is the most active in his team.

Answers

Answer:

A

Explanation:

A leader is someone who ensures their team has support and tools to achieve their goals.

list and describe the components of consecutive numeric storage.

Answers

Records with consecutive numbers are ordered from lowest to highest in ascending number order.

Consecutive numbering is made up of the following elements: numbered file, alphabetic file, accession log, and alphabetic index. For the numeric file, Consecutive Numbering Supplies offers numbered guides and folders, for the general alphabetic file, alphabetic guides and folders, database software (or a lined book) for the accession log, and for the alphabetical index, database or word processing software.

Each digit serves as an indexing unit when using the consecutive storing technique, also known as serial or straight number filing. A number's first digits are contrasted to figure out filing order. Following a comparison of the first two numbers, the third digits are evaluated, and so on.

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which of the following behavior patterns may be a characteristic of minors

Answers

Answer:

Self conscious about appearance

Explanation:

A minor is a usually adopted as term used to make distinction between an adult who can take up legal responsibilities and a child who legally below the specified age of the majority or adulthood. Distinction between minors and adulthood is usually based on the age of the individual. Person below the age of 18 in most countries are considered as minor. They possess certain characteristics which may include excessive consciousness about looks and trying to avoid eyes contact as much as possible.

the accounting term for a situation where two or more people act in coordination to circumvent internal controls is

Answers

The accounting term for an instance where two or more individuals work together to get around internal controls is Collusion.

Internal controls are the systems, guidelines, and practises that a business uses to guarantee the accuracy of its financial and accounting data, foster accountability, and Collusion fraud. As the name implies, corrective controls are implemented to address any problems identified by detective controls.

These may also involve fixing any errors discovered once an accountant has completed the audit procedure on the accounting books. When two or more individuals collaborate to evade internal checks and steal from a business, this is called collusion.

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The journal entry to record the more accurate allocation of overapplied/underapplied overhead includes entries to:

Answers

On a company's balance sheet, unapplied overhead is often shown as a deferred item that is balanced by adding a debit to the cost of goods sold (COGS) section before the end of the year. Manufacturing overhead is underapplied and the resulting cost of goods sold is overstated if there is a debit balance.

If manufacturing overhead has a credit balance, the overhead is overapplied and the resulting cost of products sold amount is overstated, according to the adjusting entry. The correct accounting procedure is to debit the manufacturing overhead cost pool and credit the cost of goods sold in the amount of the overapplication where overhead has been applied incorrectly.

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When a tax is levied on buyers, the Group of answer choices supply curves shifts upward by the amount of the tax. tax creates a wedge between the price buyers effectively pay and the price sellers receive. tax has no effect on the well-being of sellers. All of the above are correct.

Answers

All of the above statements are correct when a tax is levied on buyers.

The supply curve shifts upward by the amount of the tax, creating a wedge between the price buyers effectively pay and the price sellers receive. However, the tax has no effect on the well-being of sellers. When a tax is levied on buyers, the supply curve shifts upward by the amount of the tax. This tax creates a wedge between the price buyers effectively pay and the price sellers receive. However, the statement that the tax has no effect on the well-being of sellers is not correct, as the tax can influence the quantity demanded and thus impact sellers' revenue.

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Analyse why the social benefit of education exceed the private benefit

Answers

Answer:

dddddddddddd

Explanation:

xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxs

In the end, businesses that use teams tend to have ______. a. Fewer sick leaves b. More profits c. More management d. Fewer products

Answers

Answer:

The answers B More profits  

Explanation:

Trust me i just made a 100 in the test

In the end, businesses that use teams tend to have more profit. Thus, option (b) is correct.

What is businesses?

The term “businesses” refers to earning a profit. The business is taking the risk and earning the profit. The business is mainly focused on the activities of the creation, distribution, and selling of concepts. The businesses are interested in the investment as a future perspective.

The term “businesses” refers to the primary goal of generating a profit. The company is taking a risk and profiting from it. The enterprises' functions are focused on the creation, distribution, and sale of concepts. The business was the runs on the basis of the consumer behavior.

As a result, the significance of businesses are the aforementioned. Therefore, option (b) is correct.

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Indicate whether each statement is true or false. a. Market failure can occur only in the presence of external costs. b. The government sometimes intervenes when market failure occurs. c. Market failure occurs when a free market provides a suboptimal quantity of goods and services.

Answers

a. False. Market failure can occur in the presence of both external costs and benefits. Externalities refer to a situation when there is a cost or benefit that arises from production and consumption that is not reflected in the prices. For instance, pollution is an external cost.

b. True. The government intervenes when there is a market failure. Market failures prevent the market from achieving the optimal outcome, and the government can intervene to restore the market's efficiency. The government intervenes by implementing policies such as taxation, subsidies, and regulations. For instance, the government can impose taxes on the production of goods that cause negative externalities such as pollution.
c. True. Market failure occurs when the free market fails to allocate goods and services optimally. The market may allocate resources to produce too much of one good or service and too little of another.For instance, some goods may have high negative externalities, such as pollution, which the market may not consider. As a result, the market may produce too much of such goods, and the society will suffer the consequences.

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Which of the following is the best example of a SMART goal?

A. Graduate with a degree in business.
B. Learn as much about marketing as possible.
C. Graduate with a bachelor's degree in marketing in a year.
D. Earn a "B" or better in my Intro to Marketing course this semester.

Answers

Answer:

c

Explanation:

although all were good options for answers, but this graduate got through this in a year, Speaks volumes to me

Answer:

The answer is definitely:   D. Earn a "B" or better in my Introduction to Marketing course this semester.

Explanation:

100 % correct

Three key takeaways from the history of credit in america

Answers

The Diners Club Card in 1950 was the first credit card. The Franklin National Bank situated in Long Island, New York, issued the first bank credit card in 1951.

The profitability of credit cards did not last long before others saw it and by 1953, and 60 credit card programs were in the United States.It recorded the ability to pay back debts and proved responsible for their repayment.

Following are the key purchases from American credit history:

Credit history is a record of your debt repayment abilities and of your responsibility for repaying it.Includes the number and types of credit accounts you have credited, the duration of your account's opening, the amount owing, the quantity of available credit, whether you pay bills on time, and the number of recent credit requests.You will earn rewards for strong credit history, like cheaper rates on mortgage loans and automotive insurance.

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Explanation:

I hope this image will help you

Three key takeaways from the history of credit in america

What are the basic forms of competition? Discuss

Answers

Answer:

Explanation:

La educación por competencias ha resurgido en todo el mundo con gran fuerza desde finales del siglo pasado. Las reformas del sistema educativo mexicano emprendidas en la última década y que comprenden todos los niveles tienen un elemento en común: un currículo con un enfoque basado en competencias. Al igual que en otros países, en México estamos viviendo una efervescencia por las competencias; no obstante, la confusión y la incertidumbre parecen ser el signo distintivo de estas reformas. Es cierto que el concepto de competencias es polisémico y complejo, que no existe una teoría unificada que sustente este enfoque y que carecemos de experiencia en la puesta en práctica de un currículo basado en competencias. Si a esto le sumamos la dificultad propia que entraña la evaluación del aprendizaje, diremos que las condiciones están puestas para que la ambigüedad y el desconcierto reinen en los centros educativos, tal como está sucediendo. Este artículo tiene como objetivo contribuir al debate teórico actual en torno a la evaluación de competencias, así como aportar algunos rudimentos de tipo metodológico que permitan a los profesores mejorar sus concepciones y prácticas de evaluación.

Palabras clave: educación por competencias, evaluación de competencias, currículo basado en competencias, aprendizaje por competencias.

PLEASE HELP
1. What is the name of the company? (1.0 points)


2. Is this mainly a product-based or service-based business? (1-2 sentences. 2.0 points)


3. What products or services is the company best known for? (2-3 sentences. 2.0 points)


3. Where does this company sell its products or services? (2-4 sentences. 2.5 points)


4. Describe at least two of this company's competitors. (2-4 sentences. 2.5 points)


5. How did the entrepreneur make the business different from other companies, especially its competitors? Describe at least one way. (2-4 sentences. 2.5 points)


6. What things has the entrepreneur or company done to help the community? Describe at least one example of this. (2-4 sentences. 2.5 points)


7. Why do you think this company became successful? Describe at least one reason. (2-4 sentences. 5.0 points)


8. What challenges has the company faced? Describe at least one challenge. (2-4 sentences. 5.0 points)

Answers

Based on the information given, the company that's chosen is Tesla and it's a product-based company.

What is Tesla?

The company is known for producing electric cars. It's different from its competitors as it produces electric vehicles and uses better softwares.

The company sells its cars worldwide. The competitors include Volkswagen and Toyota. Tesla has helped the environment as it accelerates the transition to sustainable energy

Lastly, the main challenge faced by the company is rising material costs.

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Hello guys I'm Filipino ​

Answers

Answer: Nice, today is my birthday :D

Explanation:

I’m mexican :)

Answer:

hlo iam a proud nepali

you filipino

while the industry for 5g compatible devices is in the introduction stage, the industry for 3g compatible devices are in the maturity stage. what does this imply?

Answers

While the industry for 5g compatible devices is in the introduction stage, the industry for 3g compatible devices are in the maturity stage. It implies that the market for 3G compatible devices has reached its maximum size, whereas the market for 5G compatible devices is still small in size.

The market for 3G-capable gadgets has achieved its maximum size, whilst the market for 5G-capable gadgets is still rather modest. The fourth stage of an industry's life cycle is when the industry structure changes into an oligopoly with a small number of dominant companies. Since the market has grown to its maximum size, future industry demand is probably going to be nil or perhaps negative. However, the initial market size is extremely tiny at this point.

The phrase "industry life cycle" refers to the four stages through which an industry or business grows. Each stage is characterized by certain commercial characteristics. The four stages of an industry's life cycle are introduction, growth, maturity, and decline. Industries are founded when new products are developed, but it is unclear how big the market will be, what the products will look like, and who the main competitors will be.

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Which of the following would be covered by a home insurance policy?
Question 5 options:

Hospital expenses for surgery

Wind damage to your roof

Accidental injury to a coworker on the job

Damage to another person's car when driving

Answers

Answer:

2

Explanation:

Wind damage to your roof

The answer to this question is B: Wind damage to your roof. That’s because it is the only option that has to do with homes.

Which is the best general statement about the role of government in business in the United States? O A. Government determines what goods and services are produced. B. Government acts to allow markets to function efficiently. C. Government owns the resources of production. D. Government has no role in business.​

Answers

The answer is B hope that helps

Why is organic manure used in soil? Explain briefly.​

Answers

Explanation:

the supply plant nutrients including micronutrients they improve soil physical properties like structure of water holding capacity etc. they increase the availability of nutrients.

ANSWER: it's good for the soil and it's good for fertilization. hope this helped :)

61. The starting point and major responsibility for career development lies with:
A. the organization.
B. the human resource department.
C. the employee.
D. the immediate supervisor or manager.
E. the situation.

Answers

The starting point and major responsibility for career development lies with the employee.

While the organization, human resource department, immediate supervisor or manager, and situation may play a role in career development, ultimately the responsibility falls on the employee to take ownership of their own career growth and development. The employee should actively seek out opportunities for learning and growth, set goals for themselves, and communicate their career aspirations to their supervisor or manager. However, the organization, human resource department, and immediate supervisor or manager should also provide support and resources to aid in the employee's career development.

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1.5. Elaborate on the meaning of induction and explain its purpose.

Answers

Induction in business can be defined as the process of acquainting new employees with your business in a workplace.

It has to do with helping this new employees to settle in and as well enlightening/orientating them with information they need/require necessary for them to become valuable team members to achieve set goals.

Induction generally help employees to acclamatise and as well adjust to their jobs and working environment as well.

FUNCTIONS

- To help the employees learn the policies the guide the business or organization.

- To help the employees learn the practices the business or organization is concerned with.

- Induction help employees to quickly learn the practices of a business or Organization.

- It also enlightens the employees on the ethics and ettiquettes guilding the business or organization.

- To make the employees uñderstand the systems and procedures that are followed by the business or organization.

- It also help new employees to settle down rapidly as well as gives them a sense of belonging.

Three types of Induction exists which are; General Induction Programme, Specific Orientation Programme and Follow-up Induction Programme.

discuss how businesses can use mind mapping and brainstorming to identify new and innovative business opportunities​

Answers

Answer: A mind map can be used by businesses to brainstorm thoughts and ideas organically.

Explanation:

By plotting ideas into a diagram, you can turn often complex, monotonous information into an organized, colorful, and memorable centralized format.

intelligent behavior presumed to be goal oriented and adaptive. True/False?

Answers

The statement "intelligent behavior presumed to be goal oriented and adaptive" is True.

What is behavior?

Behavior is how someone behaves. It's what people do to make a difference, change something, or maintain the status quo. Behavior is a reaction to an event such as:

Inside - thoughts and feelings. External - an environment containing other people.

What is behavior in psychology?

In psychology, behavior consists of an organism's external response to its environment. Other aspects of psychology, such as emotions, thoughts, and other internal mental processes, do not usually fall into the behavioral category. 

Behavior types:

Optimistic, Pessimistic, Trusting andEnvious.

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neeeeed heeellllpppp!!!!!!!!!!!

neeeeed heeellllpppp!!!!!!!!!!!

Answers

Answer:

I'd say b

Explanation:

it's a fire hazard symbol. none of the other answers would make sense

Yah this b. It makes most sense

What is a swot anaylasis

Answers

SWOT analysis is a strategic planning and strategic management technique used to help a person or organization identify Strengths, Weaknesses, Opportunities, and Threats related to business competition or project planning.

I hope this helped!! <3

Answer:

a study undertaken by an organization to identify its internal strengths and weaknesses, as well as its external opportunities and threats.

Explanation:

mark brainliest

Issued by corporations, these financial instruments give their holders a class ownership in a company. They are riskier than bonds but less risky than the general class of ownership.

Answers

The answer is: Preferred stock

If the SEC does not agree with a standard issued by the private sector, it can: __________

Answers

A standard may be changed by the SEC if it is not in agreement with one that the private sector has issued.

The portion of the economy that is run by people and businesses for profit and is not under state control is known as the private sector. As a result, it includes all for-profit companies that are not owned or run by the government. Government-run businesses and companies are considered to be in the public sector, whereas charities and other nonprofits are considered to be in the voluntary sector.

A country's private sector is the portion of the economy that is owned, controlled, and run by private persons or businesses. In comparison to the public sector, the private sector employs more people and seeks to make money. A public sector entity can be privatized or a new business might be established to operate in the private sector. Large private sector corporations might be privately held or traded publicly. Private sector companies compete for consumers' dollars by lowering prices for goods and services; in theory, consumers won't pay more for an item if they can get it elsewhere for less money.

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Where scaffolds are utilized they shall
be provided with _ for the entire
length, and shall have
to
prevent slipping.

Answers

Answer:

im not aure

Explanation:

im not aure

When computing the present discounted value (pdv) of a future stream of labor income, an increase in the interest rate will reduce the pdv. increase the pdv. have no change on the pdv. depend on the time path of income.

Answers

For a given period of time, as the discount rate increases, the present value factor decreases.

What is discounted present value?Discount Rate for Finding Present Value

The discount rate is the investment rate of return that is applied to the present value calculation.

In other words, the discount rate would be the forgone rate of return if an investor chose to accept an amount in the future versus the same amount today.

Why present value is important?

Present value is important because it allows investors to compare values over time.

PV can help investors assess future financial benefits of current assets or liabilities.

Used in areas like financial modeling, stock valuation, and bond pricing, based on its future returns, investors can calculate present value.

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