Imagine that you are running your Littlefield factory with a single server (i. e., one machine) at each of the three stations. Customer orders are arriving to Littlefield at the stable average rate of 15 orders per day, with the time between order arrivals distributed exponentially. All orders are processed as a single batch of 60 units. The average processing times for an order at the four steps are 1.8, 1.2, 0.3, and 0.5 hours, respectively. Assume that each of the processing times is distributed exponentially. A) What is the capacity utilization at each of the three stations?
B) What is the average throughput time for a customer order?
C) What can you conclude about the average revenues you would receive if you offered contract 2 (revenue of $1,000 for orders delivered within 1.0 days, with the revenue declining smoothly to $0 for an order that is delivered after 2.0 days)?
D) What would be the average amount of work-in-process inventory within the Littlefield facility?

Carrie works at a canned food production factory. the government wanted to give a boost to the salt industry, so it lined up numerous subsidies and tax exemptions for the sector. this lead to a decrease in production costs. this also meant that consumers could access canned foods at a lower price, which lead to an increase in demand for the product. which kind of economic system is carrie’s company dealing with? carrie’s company is dealing with a/an economy.

Fanning company is considering the addition of a new product to its cosmetics line. the company has three distinctly different options: a skin cream, a bath oil, or a hair coloring gel. relevant information and budgeted annual income statements for each of the products follow. skin cream bath oil color gel budgeted sales in units (a) 110,000 190,000 70,000 expected sales price (b) $8 $4 $11 variable costs per unit (c) $2 $2 $7 income statements sales revenue (a × b) $880,000 $760,000 $770,000 variable costs (a × c) (220,000) (380,000) (490,000) contribution margin 660,000 380,000 280,000 fixed costs (432,000) (240,000) (76,000) net income $228,000 $140,000 $204,000 required: (a) determine the margin of safety as a percentage for each product. (b) prepare revised income statements for each product, assuming a 20 percent increase in the budgeted sales volume. (c) for each product, determine the percentage change in net income that results from the 20 percent increase in sales. (d) assuming that management is pessimistic and risk averse, which product should the company add to its cosmetics line? (e) assuming that management is optimistic and risk aggressive, which product should the company add to its cosmetics line?

Diamond motor car company produces some of the most luxurious and expensive cars in the world. typically, only a single dealership is authorized to sell its cars in certain major cities. in less populous areas, diamond authorizes a single dealer for an entire state or region. the manufacturer of diamond automobiles is using a(n) distribution strategy for its product.