The normal scrap loss for four successive operations is 5%, 3%, 15% and 10% respectively. How...

The normal scrap loss for four successive operations is 5%, 3%, 15% and 10% respectively. How many units should be started through in order to finish with 1,200 pieces? Find:

a) The total machine time needed if the operation times are 3, 6, 4, and 5 minutes, respectively.

b) The total cost if the cost per unit for each successive operation is $2, $5, $3, and $1, respectively.

Expert Solution

operations	normal scrap loss	1-loss %
1	5%	95%
2	3%	97%
3	15%	85%
4	10%	90%

required output	1,200	pieces
Output Required=Input Given (1-Loss1%)(1-Loss2%)(1-Loss3%)(1-Loss4%)
1200 = input (1-0.05)(1-0.03)(1-0.15)(1-0.10)
solve for input:
input = 1200/(95%97%85%*90%)
input	1702	pieces
	(rounding off)

a)
operations	time/unit (min)	time
1	3	5107
2	6	9703
3	4	6275
4	5	6667
	total time	27751
		min
b)
operations	cost/unit	cost
1	$ 2	$ 3,404.51
2	$ 5	$ 8,085.71
3	$ 3	$ 4,705.88
4	$ 1	$ 1,333.33
	total cost	$ 17,529.43

formulae used:

keosha answered 1 year ago

1. Consider the following data set: D= (5, 10, 15, 15, 5, 10, 15, 15, 5,...

1. Consider the following data set: D= (5, 10, 15, 15, 5, 10, 15, 15, 5, 10, 15, 15) SD= 4.33 How would you add a number to this set while keeping the SD the same? 2. tossing a coin 50 times A. from the 50 flips compute the proportion of heads from your 50 flips. B. For a 95% confidence level find the z critical value C. compute the 95% confidence interval for p, the margin of error from...

1. Suppose X is normal with ?=10 and ?=5. Find x0 such that P(X?x0)=0.0643 10.8 15...

1. Suppose X is normal with ?=10 and ?=5. Find x0 such that P(X?x0)=0.0643 10.8 15 10.32 17.6 2.4 2. A survey was conducted to measure the number of hours per week adults in the United States spend on home computers. In the survey, the number of hours was normally distributed, with a mean of 7 hours and a standard deviation of 1 hour. A survey participant is randomly selected. Which of the following statements is true? The probability that...

Week 1 2 3 4 5 6 Value 18 14 15 10 17 15 Using the...

Week 1 2 3 4 5 6 Value 18 14 15 10 17 15 Using the naïve method (most recent value) as the forecast for the next week, compute the following measures of forecast accuracy. (a) Mean absolute error If required, round your answer to one decimal place. (b) Mean squared error If required, round your answer to one decimal place. (c) Mean absolute percentage error If required, round your intermediate calculations and final answer to two decimal places. (d)...

15. How is the standard normal distribution used to compute normal probabilities?

Given that the set X = 1, 2, 3, 5, 6, 10, 15, 30) and Poset...

Given that the set X = 1, 2, 3, 5, 6, 10, 15, 30) and Poset (X, ≼). The relation ≼ is defined as follows: (x, y X) x ≼ y ↔ x factor of y Question i). Draw a Hasse diagram of the Poset. ii). Specify maximum, Maximum, Minimum, Minimum (if any) elements iii). Is the relation "≼" a Lattice? Explain !

Calculate the average value of the numbers 3, 3, 5, 5 first by calculating the normal...

Calculate the average value of the numbers 3, 3, 5, 5 first by calculating the normal average and then by calculating the weighted average. Are the two results the same?

Bracken, Louden, and Menser, who share profits and losses in a ratio of 5:3:3, respectively are...

Bracken, Louden, and Menser, who share profits and losses in a ratio of 5:3:3, respectively are partners in a home decorating business that has not been able to generate the income the partners had hoped for. They have decided to liquidate the business and have sold all assets except for their decorating equipment. All partnership liabilities have been settled and all the partners are personally insolvent. The decorating equipment has a book value of $51,100, and the partners have capital...

Question