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- Rubatex Corporation manufactures rubber and foam for a variety of products, including artificial turf housing and insulation, hockey helmet liners, scuba diving suits, sports sandals and mouse pads. The company was purchased by an investment firm called American industrial partners (AIP) that has so far earned only a 1 percent return on its investment. Obviously the company is having problems. Its sales are up but earnings are down. In the first three months after acquisition, the company lost $2 million on $68 million in sales. Understandably, AIP wants to know why and is demanding aggressive action. Employees at the Bedford, Virginia, plant say they know something’s wrong. The plant is hot and dirty and crumbling, and they are working harder to produce items of poorer quality. Fewer than 7 of 10 orders are shipped on time, and 2% of sales are returned as defective. Built in 1924, the plant sprawls over 14 buildings, with only the offices and lunchroom air-conditioned. Equipment is…Gator Beach Marts, a chain of convenience grocery stores in the Fort Lauderdale area, has store hours that fluctuate from month to month as the tourist trade in the community varies. The utility costs for one of the company’s stores are listed below for the past six months. Required:1. Use the high-low method to estimate the cost behavior for the store’s utility costs. Express the cost behavior in formula form (Y = a + bX). What is the variable utility cost per hour of operation?2. Draw a scatter diagram of the store’s utility costs. Visually fit a cost line to the plotted data. Estimate the variable utility cost per hour of operation.3. Build a spreadsheet: Construct an Excel spreadsheet and use the Excel commands to perform a least-squares regression. Estimate the cost behavior for the store’s utility cost. Express the cost behavior in formula form. What is the variable utility cost per hour of operation?4. During July, the store will be open 300 hours. Predict the store’s total…Pendryl Office Supplies is evaluating the profitability of leasing a photocopier for its customers to use on a self serve basis at 10 cents/copy. The copier may be leased for $300 per month plus 1.5 cents per copy on a full service contract. Pendryl can purchase paper at $5 per 500 sheet ream. Toner costs $100 per bottle, which in normal use will last for 5000 pages. Pendryl thinks that there are additional other costs of 0.5 cents per copy. A. How many copies per month must be sold in order to break even? (6000 copies/month) B. What will be the increase in monthly profit for each 1000 copies sold above the break-even point? ($50 per month)
- perform an LCA of a hamburger. life cycle stages… show how “sub-cycles” spin off of the main hamburger life cycle, I.e. the life cycle for the lettuce; life cycle for the truck that brings the lettuce; life cycle for the metals to produce the truck… to illustrate how large the system can be and WHY you’ll always need to draw boundaries.Your friend Monica wants to open a boutique of her own and is in the middle of preparing a report which has to specify the type of manufacturing process used. She is not able to relate the type of business with manufacturing process. Explain the various types of manufacturing processes and point out the best suitable process for her business. Give appropriate examples of all the manufacturing processes. give ans as soon as ossibleHow is statistics used to control quality in manufacturing operations?
- Perform a "product-by-value" analysis on products A, B, C, D, and E. A $0.85 B $0.55 Total Contribution $117,000 $87,000 $54,000 C $1.05 Unit Contribution S The list of products in descending order of their individual dollar contribution to the firm: The list of products in descending order of their total dollar contribution to the firm: Based on the product-by-value" analysis, which products are the 3 lowest in total dollar contribution and, therefore, possible candidates for replacement? should be investigated for replacement Products D $1.65 $61,000 E $0.85 $76,000Mont Corp produces and sells 1,000 dining tables per year. Currently its only quality problem with the products is related to varnishing. It currently incurs $400 per year for quality training and $600 per year for reliability engineering. Inspection cost is $6 per unit, and all units produced are inspected. Traditionally, at an internal inspection, 9% of all units fully-produced are found to have problems with the varnishing, and are reworked. Rework cost is $100 per unit. Defective units sold to customers are returned to the company and reworked. External failures are 1% of units sold, and the company incurs the shipping costs at the rate of $20 per unit. In 2020, management are considering an alternative method of inspecting products which will reduce inspection cost by $1.50 per unit. The alternative method will reduce the internal failure to 4% of all units produced, and increase the external failure rate to 6% of all units sold. In addition, with the alternative inspection…JYP is a hypermarket chain that operates throughout China, with 25 locations and 800 employees ranging from store workers to the CEO. JYP I operates in a very competitive environment with numerous other companies. As a result, improving performance is vital in order to achieve the goal of being the number 1 hypermarket chain in the country. The goal must be met while taking into account the relatively high worker turnover rate in this area. a)Explain how the Maslow Hierarchy of Needs application may be of use at JYP. b)Explain the application of Performance Management System at JYP.
- 12. A manufacturing company has a weekly product input of 1,850 units. The average percentage ofgood-quality products is 84%. Of the poor-quality products, 58% can be reworked and sold asgood quality products. Determine the weekly product yield.The rationale/justification for wanting to engage in the area of waste management practices as a research topic.The Colonial House Furniture Company manufactures two-drawer oak file cabinets that are sold unassembled through catalogs. The company initiates production of 488 cabinet packages each week. The percentage of good-quality cabinets averages 84% per week, and the percentage of poor-quality cabinets that can be reworked is 64%. If the direct manufacturing cost per cabinet is $78 and the rework cost is $38, what is the manufacturing cost per good product? (Round your answer to 2 decimal places, e.g. 35.50) Manufacturing cost per good product = $ per cabinet