Efficiency, Utilization and Cycle Time, assignment help Business Finance Assignment Help. Efficiency, Utilization and Cycle Time, assignment help Business Finance Assignment Help.
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accurate work. If you only provide the final answers without showing your computations, you will not be assigned a full score (or you will miss the opportunity of receiving partial credit).
Problem 1: Efficiency, Utilization and Cycle Time (10 points)
You have started a lawn mowing business and need to measure how your business has been performing. You have determined that the standard time to mow a half acre yard is 60 minutes. Your company’s theoretical capacity is 27 yards per day and your company’s rated capacity is 19yards per day. Yesterday your company mowed 17 yards.
One of your employees, John, took 70 minutes to complete the last half acre yard he mowed. What was his efficiency? (2 points)
What was your company’s efficiency yesterday? (2 points)
What was your company’s utilization yesterday? (2 points)
You recorded the following times for one of your employees yesterday. Use this table to answer
questions d and e.
|
Step |
Action |
Standard Time (minutes) |
|
1 |
Put gas in the lawn mower |
2 |
|
2 |
Load mower into truck |
2 |
|
3 |
Drive to customer’s house |
20 |
|
4 |
Unload mower from truck |
2 |
|
5 |
Mow customer’s lawn |
60 |
|
6 |
Load mower into truck |
2 |
|
7 |
Return to company |
20 |
|
8 |
Unload mower from truck |
2 |
Which step is the only value-added activity in this process? (2 points)
What is the Percent of Value Added Time for this process? (2 points)
Problem 2: Breakeven, Total Cost and Expected Value (9 points)
You are planning to open a bakery that specializes in cupcakes. You know the variable cost to make one cupcake is $0.50 and you expect to sell them for $3.00 each. The location you are considering has a fixed cost (rent, utilities, taxes, etc.) of $5,000 per month. You are unsure what the demand for your cupcakes will be, but have done some market research and estimated the following demand scenarios and probability of eachlevel of demand.
|
Demand Level |
Monthly Cupcakes Sold |
Probability |
|
Low Demand |
1,500 |
30% |
|
Medium Demand |
5,000 |
50% |
|
High Demand |
12,000 |
20% |
How many cupcakes do you need to sell each month to break even? (3 points)
What is the total monthly cost (fixed plus variable) for your bakery if there is low demand for cupcakes? (3 points)
What is the expected value of the total monthly cost for your bakery? (3points)
Problem 3: Theory of Constraints (6 points)
The manufacturing company you work for has a four step assembly process shown in the flow diagram below.
Process 1
Capacity =
60 units/hr
Process 2
Capacity =
70 units/hr
Process 3
Capacity =
80 units/hr
Process 4
Capacity =
40 units/hr
What is the maximum output this assembly process could produce in 8 hours? (2 points)
If the capacity of Process 3 is increased to 90 units/hour, how many units can be assembled in 8 hours? (2 points)
If the capacity of Process 4 is increased to 90 units/hour, how many units can be assembled in 8 hours?
Efficiency, Utilization and Cycle Time, assignment help Business Finance Assignment Help[supanova_question]
AgriChem Industries manufactures fertilizer concentrate and uses cost standards, accounting assignment help Business Finance Assignment Help
PROBLEM 24.2A
AgriChem Industries manufactures fertilizer concentrate and uses cost standards. The fertilizer
is produced in 500-pound batches; the normal level of production is 250 batches of fertilizer per
month. The standard costs per batch are as follows:
Direct materials:
Standard
Costs per
Batch
Various chemicals (500 pounds per batch at $0.60/pound) . . . . . . . . . . $300
Direct labor:
Preparation and blending (25 hours per batch at $7.00/hour) . . . . . . . . . 175
Manufacturing overhead:
Fixed ($50,000 per month 4 250 batches) . . . . . . . . . . . . . . . . . . . . . . . $200
Variable (per batch) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25 225
Total standard cost per batch of fertilizer . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $700
During January, the company temporarily reduced the level of production to 200 batches of
fertilizer. Actual costs incurred in January were as follows:
Instructions
You have been engaged to explain in detail the elements of the $5,250 net unfavorable cost variance
and to record the manufacturing costs for January in the company’s standard cost accounting
system.
a. As a first step, compute the materials price and quantity variances, the labor rate and efficiency
variances, and the overhead spending and volume variances for the month.
b. Prepare journal entries to record the flow of manufacturing costs through the standard cost
system and the related cost variances. Make separate entries to record the costs of direct materials
used, direct labor, and manufacturing overhead. Work in Process Inventory is to be debited
only with standard costs.
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The Raven, Because I Could Not Stop for Death, Dover Beach, We Wear the Mask, English homework help Humanities Assignment Help
“The Raven” (“Because I Could Not Stop for Death”; “Dover Beach”; “We Wear the Mask”
- Who is the author?
- What other (noteworthy/well known) work(s) has he/she written?
- What is interesting about the author—his/her writing, education, family, apprenticeship, etc?
- What literary period is this work?
- What are three (3) primary characteristics of this literary period?
- What two (2) other (well known) authors were writing during this same literary period?
- Was there some kind of major historical occurrence during this literary period that may have influenced the author to write this work?
- Was there some kind of major personal occurrence during the author’s life that may have influenced him/her to write this work?
- What characteristics of the literary period are apparent in the literature?
- What are three (3) or four (4) thesis points for this work that one might analyze?
- What are two (2) or three (3) themes of this literature?
- What other one (1) or two (2) works—movies, books, films, documentaries, poems, fiction, drama–relate to (or remind you of) this literary work? Why?
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strategy Diamond, management homework help Business Finance Assignment Help
Developing a strategy for your firm is a key part of your success in the Simulation environment. Your
strategy will serve as your firm’s “roadmap” throughout the simulation. Submit your strategy organized
by the five elements of the Business Strategy Diamond (see C&S, Chapter 1 and SSM manual, Section
3. Include in the assignment statements of Shared Vision and Mission (see Fundamentals of Strategy,
SSM Manual, pages 82 – 83 (Attached)
ASSIGNMENT: Please write 3 pages each on the following:
o Elaborate on Staging which is part of the business strategy diamond. The business model is based around a team simulating an Automotive brand strategy.
Economic Logic Every member contribute to the section ( ½ page double spaced each)
One members part- expand on this: Core to a firm’s strategy to generate profits is their economic logic. The economic logic must take into account costs and revenues, and must delineate a plan in which to maximize returns. In hopes of creating a sustainable and successful business, Company B has determined their economic logic to have a progressive path. The initial focus will be to reduce operational costs and rid unnecessary debt. Once the business is lean, stable, and operating profitably, Company B will strategically invest in infrastructure in hopes of equipping vehicles with up to date technology, with an emphasis on quality and safety. The idea is to ‘cut out some fat’ within the operations and later ‘pack on some muscle’.
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attitudes and personality traits, management homework help Business Finance Assignment Help
You should have read and now understand attitudes and personality traits. Effective leaders know themselves and work to maximize their strengths and minimize their weaknesses. As the name of this exercise implies, you can improve your attitudes and personality traits through this exercise by following these steps.
1. Identify strengths and weaknesses. Review the six self-assessment exercises in this chapter. List your three major strengths and areas that can be improved:
Strengths:
1.
2.
3.
Areas to improve:
1.
2.
3.
We don’t always see ourselves as others do. Research has shown that many people are not accurate in describing their own personalities, and that others can describe them more objectively. Before completing this exercise, you may want to ask someone you know well to: 1) complete your personality profile (see Self-Assessment 1 on page 32), 2) rate your attitude as positive or negative, and 3) list your strengths and areas for improvement.
2. Develop a plan for improving. Start with your Number One area to improve. Write down specific things that you can do to improve. List specific times, dates, and places that you will implement your plans.
You may want to review the 12 tips for developing a more positive attitude and self-concept for ideas.
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Researching Cars, English homework help Humanities Assignment Help
Assignment: Researching Cars
Start your research and narrow your choices down to three cars. Remember, each car you use for this assignment needs to cost $5000 or less. Most of you will have three different types of cars, but some of you are set on one type of car and will opt for three cars of the same make and model. Either option is acceptable.
For each car you should include: a photograph (of the specific car for sale), the price, a paragraph on safety, a paragraph on maintenance costs / expected longevity, a paragraph dealing with insurance, and some basic information about the car (make, model, year, miles, etc.). You will complete this exercise for each of the three cars. With this information, you will choose one of the cars that you will “purchase.” The reasons for your choice will take the form of a conclusion. You should have a chart organizing some of the information you compared to arrive at your decision.
- Photograph of the car (for 3 cars)
- Basic information about the car (for 3 cars)
- Paragraph on safety (for 3 cars)
- Paragraph on maintenance costs / longevity (for 3 cars)
- Paragraph on the insurance for the car (for 3 cars)
- Works Cited page (for a minimum of 5 works used)
- Works cited within the text
- Conclusion (a chart comparing key data; a paragraph explaining why the car you chose is better than the other cars being considered)
After you have completed your research and compiled all of the information listed above, you have completed your research writing assignment!
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information organization, business and finance homework help Business Finance Assignment Help
i can only affords the sum$2.00
ALSO: In preparation for the Stage 2 assignment, please list some inputs to the process (things or information needed to perform the process) and outputs of the process (things or information that result from the process), so we can discuss those as well. Everyone needs a good understanding of inputs and outputs in order to successfully complete Stage 2, which is due at the end of next week.
The Stage 2 case study project is due as shown in the schedule. The assignment instructions are attached.The Customer Appointment Process Model Excel file is also attached. The assignment refers you to an example Scheduling Process Model, which is also attached. The Case Study is posted under Course Resources > Case Study and Walmart Example. Use the Case Study to develop your assignment and refer to the Walmart Example to understand the concepts and what is required for the assignment.
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Careers in Lodging, and Food and Beverage Industries, management homework help Health Medical Assignment Help
Click the link above to submit your assignment. Students, please view the “Submit a Clickable Rubric Assignment” in the Student Center. Instructors, training on how to grade is within the Instructor Center.
Assignment 1: Careers in Lodging, and Food and Beverage Industries
Due Week 3 and worth 200 points
To prepare for your assignment, review “Career Paths of a Hospitality Management Student”, located athttp://www.hcareers.com/us/resourcecenter/tabid/306/articleid/573/default.aspx. This article provides an overview of the various responsibilities of managers that are commonly found in the hospitality and tourism industry.
Next, read “A Day in the Life of David Lindahl, General Manager of Daily Diner Frogtown”, located at http://minneapolis.eater.com/2013/7/19/6399397/a-day-in-the-life-of-david-lindahl-general-manager-of-daily-diner. Then, read “The Day in the Life of a Hotel GM vs. CEO”, located at: http://hospitality.cvent.com/blog/charmed-by-hospitality-marketing/the-day-in-the-life-of-a-hotel-gm-vs-ceo.
Write a four to five (4-5) page paper in which you:
- Describe the various types of management careers that can be offered within each industry (lodging, and food and beverage).
- Compare and contrast the differences between the General Management (GM) positions within the two industries.
- Analyze and describe the growth in overall employment within these two industries and how this overall growth is forecasted within the next ten years.
- Recommend at least three human resource practices in which each industry can better recruit and retain management talent for their respective industry.
- Use at least three quality references. Note: Wikipedia and similar websites do not quality as academic resources.
- Format your assignment according to the following formatting requirements:
- Typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.
- Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page is not included in the required page length.
- Include a reference page. Citations and references must follow APA format. The reference page is not included in the required page length.
The specific course learning outcomes associated with this assignment are:
- Discuss various career opportunities in the food service and lodging industries.
- Describe the significant trends impacting the hospitality industry.
- Analyze the basic procedures involved in managing a restaurant operation.
- Use technology and information resources to research issues in hospitality and tourism management.
Write clearly and concisely about hospitality and tourism management using proper writing
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Kant : non-consequentially, philosophy homework help Humanities Assignment Help
Explain Kant’s claim that, “To be beneficent where one can is a duty….” (p.14) Later in the Metaphysics of Morals Kant writes, “ …as to the meritorious duty toward others, the natural end that all human beings have is their own happiness. Now humanity would be able to subsist if no one contributed to the happiness of others yet did not intentionally remove anything from it; only this is only a negative and not a positive agreement with humanity as end in itself, if everyone does not aspire, as much as he can, to further the ends of others. For regarding the subject which is an end in itself: if that representation is to have its total effect on me, then its ends must as far as possible also be my ends.” (p.48)
Does Kant’s argument here remain consistent with the concept of non-consequential justifications?
How can this duty be consistently defended non-consequentially?
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Annotated Bibliography, English homework help Humanities Assignment Help
Prepare an annotated bibliography of five sources that discuss the topic for the researched argument paper (the topic is given below) Please use the MLA style of documentation.
(Topic of the argument paper: We will argue the case of the inhumane treatment of the animals, and how this affects the human health, and how unjustly animals are treated for commercial and corporate reasons).
- One print (not electronic) book (not an encyclopedia)
- One professional or scholarly website
- Two scholarly or professional journal/magazine articles from two different library databases (other than CQ Researcher)
- One CQ Researcher article
Format : Must be typed and double-spaced. Each entry will include the following:
- Correctly formatted MLA citation
- Brief summary, including main idea and supporting points (1-4 sentences)
- At least one direct quote from the source
- Appropriate parenthetical documentation for quoted material (use MLA style for your documentation)
- Evaluation of the article itself (how it is written), including the author’s use of sufficient evidence from credible sources, bias, and consideration of the opposing point of view (1-2 sentences)
- Evaluation of the author’s (or publication’s) background, including professional publication and other publications (1-2 sentences)
- Explanation of how/why you could/could not use this source in your essay (1 sentence)
NOTE: Each annotation should be between 150-300 words (not including the citation).
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https://anyessayhelp.com/.
Write a four to five (4-5) page paper in which you:
- Describe the various types of management careers that can be offered within each industry (lodging, and food and beverage).
- Compare and contrast the differences between the General Management (GM) positions within the two industries.
- Analyze and describe the growth in overall employment within these two industries and how this overall growth is forecasted within the next ten years.
- Recommend at least three human resource practices in which each industry can better recruit and retain management talent for their respective industry.
- Use at least three quality references. Note: Wikipedia and similar websites do not quality as academic resources.
- Format your assignment according to the following formatting requirements:
- Typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.
- Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page is not included in the required page length.
- Include a reference page. Citations and references must follow APA format. The reference page is not included in the required page length.
The specific course learning outcomes associated with this assignment are:
- Discuss various career opportunities in the food service and lodging industries.
- Describe the significant trends impacting the hospitality industry.
- Analyze the basic procedures involved in managing a restaurant operation.
- Use technology and information resources to research issues in hospitality and tourism management.
Write clearly and concisely about hospitality and tourism management using proper writing
