Question

In: Accounting

Discuss the types of situations for which the following material handling / storage equipment is appropriate...

Discuss the types of situations for which the following material handling / storage equipment is appropriate and discuss the cost differences based on the “Rules of Thumb for Estimating Material Handling Cost” located in Course Documents - Material Handling Costing:

            a) live roller conveyor (150 feet)

            b) belt conveyor (400 feet)

            c) jib crane (5000#)

            d) ten (10) counterbalance lift trucks

            e) five (5) vehicle unit load AGV system

Solutions

Expert Solution

Material handling involves moving products and goods over a short distance, usually within a factory, warehouse, or a gated area. Typical material handling actions include lifting, picking, storing, pushing, pulling, loading, and unloading. It may or may not involve automation. While a complex system of conveyor belts moving raw materials in a manufacturing plant is an example of automated material handling, workers moving products using side-loaders and forklifts is manual material handling.

  • Conveyor systems come in a variety of types, depending on what they are meant to transport, including vibrating, overhead, chain, vertical, and apron conveyors.
  • Automatic Guided Vehicles (AGV) are independent computer-operated trucks that transport loads along a predetermined path, with sensors and detectors to avoid bumping into anything
  • Hand trucks, one of the most basic pieces of material handling equipment, feature a small platform to set the edge of a heavy object on, and a long handle to use for leverage. Whatever is being moved must be tipped so that it rests on the handle, and is carried at a tilt to its destination.
  • Pallet Trucks, also known as pallet jacks, are a type of truck specifically for pallets. They slide into a pallet and lift it up to move it. Pallet trucks come in both manual and electrical types.
  • Many types of AGV, or automatic guided vehicles, shuttle products along a route automatically, without human guidance.
  • A Plus Warehouse Equipment & Supply, in Lynn, MA, distributes a variety of warehouse equipment including material handling equipment. Their selection includes storage shelving, racks, bins, conveyors, forklift attachments, hoists, carts, trucks, hoppers, and stackers, among other things.

    In Birmingham, AL, Warehouse Equipment & Supply Company, Inc. offers containers and bins, pallet positioners, racks, trucks, lockers, shelving, carts, ramps, wrapping systems, doors, fans, impact barriers, dock products, casters, and shelf decking.

    Lifting Gear Hire provides pallet lifters, cranes, booms, trucks, material lifts, and skip pans, as well as hoisting, pulling, rigging, jacking, and safety equipment


Related Solutions

Which of the following would be an acceptable measure of activity for a material handling activity...
Which of the following would be an acceptable measure of activity for a material handling activity cost pool? Options       Number of material moves Weight of material moved A Yes Yes B No Yes C Yes No D No No   A. Option A B. Option B C. Option C D. Option D EMD Corporation manufactures two products, Product S and Product W. Product W is of fairly recent origin, having been developed as an attempt to enter a market closely...
Your company is considering investing in new material handling equipment for your warehouse. The new equipment...
Your company is considering investing in new material handling equipment for your warehouse. The new equipment will allow for savings in fuel and maintenance costs each year over 6 years. The first year savings is expected to be $3000 and that savings will decrease by $400 each subsequent year (i.e. $2600 savings year 2, $2200 savings year 3, and so on). The new equipment would cost $20,000 today, and at the end of 6 years it would have zero value....
In which of the following situations would it be appropriate to use a paired t-test to...
In which of the following situations would it be appropriate to use a paired t-test to analyze the data? Check all that apply. A researcher was interested in the differences in attitudes towards saving money and eliminating debt between couples who are engaged to be married. As part of a premarital counseling program, 45 engaged couples filled out a survey that assessed their attitudes towards financial matters such as their priorities for saving money and eliminating debt. The researcher compared...
Identify the situations in which process-costing systems are appropriate​
Identify the situations in which process-costing systems are appropriate​
“We really need to get this new material-handling equipment in operation just after the new year...
“We really need to get this new material-handling equipment in operation just after the new year begins. I hope we can finance it largely with cash and marketable securities, but if necessary we can get a short-term loan down at MetroBank.” This statement by Beth Davies-Lowry, president of Intercoastal Electronics Company, concluded a meeting she had called with the firm’s top management. Intercoastal is a small, rapidly growing wholesaler of consumer electronic products. The firm’s main product lines are small...
Frandec Company manufactures, assembles, and rebuilds material handling equipment used in warehouses and distribution centers. One...
Frandec Company manufactures, assembles, and rebuilds material handling equipment used in warehouses and distribution centers. One product, called a Liftmaster, is assembled from four components: a frame, a motor, two supports, and a metal strap. Frandec’s production schedule calls for 4000 Liftmasters to be made next month. Frandec purchases the motors from an outside supplier, but the frames, supports, and straps may be either manufactured by the company or purchased from an outside supplier. Manufacturing and purchase costs per unit...
“We really need to get this new material-handling equipment in operation just after the new year...
“We really need to get this new material-handling equipment in operation just after the new year begins. I hope we can finance it largely with cash and marketable securities, but if necessary we can get a short-term loan down at MetroBank.” This statement by Beth Davies-Lowry, president of Intercoastal Electronics Company, concluded a meeting she had called with the firm’s top management. Intercoastal is a small, rapidly growing wholesaler of consumer electronic products. The firm’s main product lines are small...
“We really need to get this new material-handling equipment in operation just after the new year...
“We really need to get this new material-handling equipment in operation just after the new year begins. I hope we can finance it largely with cash and marketable securities, but if necessary we can get a short-term loan down at MetroBank.” This statement by Beth Davies-Lowry, president of Intercoastal Electronics Company, concluded a meeting she had called with the firm’s top management. Intercoastal is a small, rapidly growing wholesaler of consumer electronic products. The firm’s main product lines are small...
“We really need to get this new material-handling equipment in operation just after the new year...
“We really need to get this new material-handling equipment in operation just after the new year begins. I hope we can finance it largely with cash and marketable securities, but if necessary we can get a short-term loan down at MetroBank.” This statement by Beth Davies-Lowry, president of Intercoastal Electronics Company, concluded a meeting she had called with the firm’s top management. Intercoastal is a small, rapidly growing wholesaler of consumer electronic products. The firm’s main product lines are small...
“We really need to get this new material-handling equipment in operation just after the new year...
“We really need to get this new material-handling equipment in operation just after the new year begins. I hope we can finance it largely with cash and marketable securities, but if necessary we can get a short-term loan down at MetroBank.” This statement by Beth Davies-Lowry, president of Intercoastal Electronics Company, concluded a meeting she had called with the firm’s top management. Intercoastal is a small, rapidly growing wholesaler of consumer electronic products. The firm’s main product lines are small...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT