Business, 15.04.2020 23:45 Berylliumsm

M6_IND1. A receiving operator for a large grocery store is analyzing her operations. Trucks arrive to the loading dock at an average rate of four per hour for each day. The cost of operating a truck is estimated to be $75 per hour. Trucks are met by a two-person crew, the crew can unload the truck in an average of 9 minutes. The payroll associated with each crew member is $18/hour. It is possible to install new equipment to help the crew operate more efficiently, decreasing the unloading time from 9 minutes to 7 minutes per truck. Rental of this equipment would increase the daily cost of the operation by $200 per day. Assume each day is an 8-hour shift. Should the new equipment be installed?

a) Consider the performance of the crew before the new equipment is installed. On average, how many trucks are in the system (to the nearest 0.01 trucks) given the arrival and service rates?

b) Consider the performance of the crew before the new equipment is installed. On average, how many hours (to the nearest 0.01 hours) does each truck spend in the system given the arrival and service rates?

c) Consider the performance of the crew before the new equipment is installed. Basing your cost on the number of trucks in the system, what is the total system cost (to the nearest dollar) per day (crew cost and truck cost)?

d) Consider the performance of the crew after the new equipment is installed. On average, how many trucks (to the nearest 0.01 trucks) are in the system given the arrival and the new service rate?

e) Consider the performance of the crew after the new equipment is installed. On average, how many hours (to the nearest 0.01 hours) does each truck spend in the system given the arrival and the new service rate?

f) Consider the performance of the crew after the new equipment is installed. Basing your cost on the number of trucks in the system, what is the total system cost (to the nearest dollar) per day (crew cost and truck cost)?

g) Based on your cost analysis - is it worth it to install the new equipment?

Answers: 3

Show answers

Another question on Business

Business, 22.06.2019 01:30

Suppose the following items were taken from the balance sheet of nike, inc. (all dollars are in millions.) 1. cash $ 2,316.7 7. inventory $ 2,245.6 2. accounts receivable 2,786.2 8. income taxes payable 80.3 3. common stock 2,841.1 9. equipment 1,783.8 4. notes payable 291.2 10. retained earnings 6,162.5 5. buildings 3,959.7 11. accounts payable 2,624.6 6. mortgage payable 1,092.3 perform each of the following. classify each of these items as an asset, liability, or stockholdersâ€™ equity, and determine the total dollar amount for each classification. (enter amounts in millions up to 1 decimal place, e.g. 45.5 million.) cash accounts receivable common stock notes payable buildings mortgage payable inventory income taxes payable equipment retained earnings accounts payable assets $ 13092 liability $ 4088.4 stockholdersâ€™ equity $ 9003.6 etextbook and media determine nikeâ€™s accounting equation by calculating the value of total assets, total liabilities, and total stockholdersâ€™ equity. (enter amounts in millions up to 1 decimal place, e.g. 45.5 million.) total assets = total liabilities + total stockholdersâ€™ equity

Answers: 3

Answer

Business, 22.06.2019 11:00

What is the correct percentage of texas teachers charged with ethics violations each year?

Answers: 2

Answer

Business, 22.06.2019 23:00

Doogan corporation makes a product with the following standard costs: standard quantity or hours standard price or rate direct materials 2.0 grams $ 7.00 per gram direct labor 1.6 hours $ 12.00 per hour variable overhead 1.6 hours $ 6.00 per hour the company produced 5,000 units in january using 10,340 grams of direct material and 2,320 direct labor-hours. during the month, the company purchased 10,910 grams of the direct material at $7.30 per gram. the actual direct labor rate was $12.85 per hour and the actual variable overhead rate was $5.80 per hour. the company applies variable overhead on the basis of direct labor-hours. the direct materials purchases variance is computed when the materials are purchased. the materials quantity variance for january is:

Answers: 1

Answer

Business, 23.06.2019 00:30

Bruno's pizza restaurant makes full payment of $8,300 on an account payable to stella's cheese co. stella's would record this transaction with a

Answers: 3

Answer

You know the right answer?

M6_IND1. A receiving operator for a large grocery store is analyzing her operations. Trucks arrive t...

Questions