Question

In: Mechanical Engineering

The Tools Company uses a lathe to machine an aluminum block. The operation time is 5...

The Tools Company uses a lathe to machine an aluminum block. The operation time is 5 minutes. On average, the lathe requires maintenance after 200 parts. The average maintenance time is about 2 hours. (For the purpose of these calculations, maintenance is the same as failure.

A.) What is the production rate of the machine in parts per minute? (Round to 3 decimal places)

B.) Continuing from Part 1, the next operation after turning (lathe operation), is a milling operation. The operation time at the milling machine is 4 minutes. Its mean time to fail is 30 hours and its mean time to repair is 5 hours. Any amount of parts can be stored in between the lathe and the mill. At what rate material on average will accumulate in the storage area in terms of parts per minute? (Round to 3 decimal places)

C).Continuing from Part 2. What is the production rate of this two-machine line in terms of parts per minute? (Round to 3 decimal places)

D.) Continuing from Part 3. Now a third and final operation is added to the line. This is a manual polishing operation that removes the burrs generated from the machining processes. The operation time is 10 minutes, and the worker takes a break on average every 18 parts. The breaks typically last 15 minutes on average. What is the production rate of this line assuming the buffers in between the machines are infinite in parts per minute (Round to 3 decimal places)?

E) What is the rate of material accumulation in the line in parts per minute? (Round to 3 decimal places)

Solutions

Expert Solution


Related Solutions

"The Simon Machine Tools Company is considering purchasing a new set of machine tools to process...
"The Simon Machine Tools Company is considering purchasing a new set of machine tools to process special orders. The following financial information is available. - Without the project, the company expects to have a taxable income of $487,000 each year from its regular business over the next three years. - With the three-year project, the purchase of a new set of machine tools at a cost of $54,000 is required. The equipment falls into the MACRS three-year class. The tools...
Simon Machine Tools Company  is evaluating purchase of a new set of specialized machine tools, with a...
Simon Machine Tools Company  is evaluating purchase of a new set of specialized machine tools, with a MACRS class life of 3 years. The following information is available. Without projects afforded by the tools, ABC expects taxable income to be $350,000 for each of the next 3 years. With projects afforded by the tools, ABC expects additional taxable income of $80,000 for each of the next 3 years. The machine tools will cost $50,000 to purchase, $20,000 per year to operate,...
The Great Table Co uses labor hours and lathe machine hours to produce tables. Making a...
The Great Table Co uses labor hours and lathe machine hours to produce tables. Making a table requires at least two labor hours and at least one lathe hour. Also, the total number of hours must be six in any combination. (I.E., 5 labor hours and 1 lathe hour suffice to produce a TABLE, just as 4 and 2, 3 and 3, and so on. But 5 lathe and 1 labor hour are insufficient, as it takes a minimum of...
A worker-machine operation was found to involve 4.6 minutes of machine time per cycle in the...
A worker-machine operation was found to involve 4.6 minutes of machine time per cycle in the course of 40 cycles of stopwatch study. The worker’s time averaged 3.1 minutes per cycle, and the worker was given a rating of 121 percent (machine rating is 100 percent). Midway through the study, the worker took a 10-minute rest break. Assuming an allowance percentage of 13 percent of work time which is applied only to the worker element (not the machine element), determine...
A batch production operation has a machine setup time of 4.0 hr and a processing time...
A batch production operation has a machine setup time of 4.0 hr and a processing time of 1.50 min per cycle. Three parts are produced each cycle. No tool handling time is included in the cycle. Part handling time each cycle is 30 sec. It consists of the worker obtaining three starting work units from a parts tray, loading them into the machine, and then after processing, unloading the completed units and placing them into the same tray. Each tray...
Suppose there is a two-machine line, where each machine has a 1 minute operation time. There...
Suppose there is a two-machine line, where each machine has a 1 minute operation time. There is also a buffer with 1 Kanban card between the machines. Part 1 How many parts are produced in the 1st hour? Assume the buffer is empty at time 0. How many parts are produced in the second hour?   Part 2 Suppose now that Machine 1 now fails every hour, 10 minutes into the hour, for 10 minutes. How many parts are produced in...
Pittsburgh Aluminum Company uses a process cost system to record the costs of manufacturing rolled aluminum,...
Pittsburgh Aluminum Company uses a process cost system to record the costs of manufacturing rolled aluminum, which consists of the smelting and rolling processes. Materials are entered from smelting at the beginning of the rolling process. The inventory of Work in Process—Rolling on September 1 and debits to the account during September were as follows: Bal., 600 units, 40% completed: Direct materials (600 x $6.5) $ 3,900 Conversion (600 x 40% x $2.7) 648 $ 4,548 From Smelting Department, 14,160...
Pittsburgh Aluminum Company uses a process cost system to record the costs of manufacturing rolled aluminum,...
Pittsburgh Aluminum Company uses a process cost system to record the costs of manufacturing rolled aluminum, which consists of the smelting and rolling processes. Materials are entered from smelting at the beginning of the rolling process. The inventory of Work in Process—Rolling on September 1 and debits to the account during September were as follows: Bal., 1,000 units, 30% completed: Direct materials (1,000 x $5) $ 5,000 Conversion (1,000 x 30% x $2.1) 630 $ 5,630 From Smelting Department, 24,000...
Wood Products Company would like to purchase a computerized wood lathe for $100,000. The machine is...
Wood Products Company would like to purchase a computerized wood lathe for $100,000. The machine is expected to have a life of 5 years, and a salvage value of $5,000. Annual maintenance costs will total $20,000. Annual cash receipts resulting from this machine are predicted to be $45,000. The company’s required rate of return is 15 percent. Use Excel to calculate the net present value. (7.2) Use Excel to calculate the internal rate of return. (7.3) Based on your answer...
A machine has no maintenance costs the first 5 years of operation. At the end of...
A machine has no maintenance costs the first 5 years of operation. At the end of years 6-10, the annual cost is $1000/yr. For years 11-15, the annual cost is $2000/yr. What is the equivalent annual cost for all of this maintenance if the interest rate is 10%?
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT