subject
Business, 30.07.2021 05:00 kamand10

A rule of thumb is that you want your bottleneck at your most expensive resource (if it's a cheap resource don't let it be a bottleneck - buy more of that resource!). The way we calculate the expense of a resource is to take its cost and divide by its capacity. (The idea is that if you can work twice as fast as I can while we both charge the same hourly rate, then you are a cheaper resource - you charge only half as much as I do to complete a job.). Let's say that in the Littlefield game machines cost $90,000, $80,000 and $100,000 at the three stations 1, 2, and 3, respectively, with process times of 6 hours, 2 hours, and 5 hours, respectively. Which is the most expensive resource? Hint: the cost of a resource at station 1 is its cost of $90,000 divided by its capacity of 4 jobs per day, resulting in a cost of $90,000 / (4 jobs per day) = $22,500 per job per day. Similarly, calculate the costs at station 2 and 3 and compare to the $22,500 per job per day.

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 01:10
Suppose someone wants to sell a piece of land for cash. the selling of a piece of land represents turning econ
Answers: 3
question
Business, 22.06.2019 08:40
Gerda, a real estate agent, is selling a moderately priced house in a subdivision. she knows from her uncle that the factory being built half a mile from the subdivision will be manufacturing dog food, using a process that creates a very strong odor that permeates the surrounding neighborhood. a buyer, who is unaware of the type of factory under construction, makes an offer on one of the houses gerda is selling, and within a short time, the deal goes through. what does this scenario best illustrate?
Answers: 3
question
Business, 22.06.2019 10:00
What is the difference between an "i" statement and a "you" statement? a. the "i" statement is non-confrontational b. the "you" statement is non-confrontational c. the "i" statement is argumentative d. the "you" statement is neutral in tone select the best answer from the choices provided
Answers: 1
question
Business, 22.06.2019 10:40
Two assets have the following expected returns and standard deviations when the risk-free rate is 5%: asset a e(ra) = 18.5% σa = 20% asset b e(rb) = 15% σb = 27% an investor with a risk aversion of a = 3 would find that on a risk-return basis. a. only asset a is acceptable b. only asset b is acceptable c. neither asset a nor asset b is acceptable d. both asset a and asset b are acceptable
Answers: 2
You know the right answer?
A rule of thumb is that you want your bottleneck at your most expensive resource (if it's a cheap re...
Questions
question
World Languages, 11.08.2021 21:00
question
Mathematics, 11.08.2021 21:10
question
English, 11.08.2021 21:10
question
Computers and Technology, 11.08.2021 21:10
question
Mathematics, 11.08.2021 21:10
question
Mathematics, 11.08.2021 21:10
Questions on the website: 13722360