DataSpan, Inc., automated its plant at the start of the current year and installed a flexible manufacturing system. The company is also evaluating its suppliers and moving toward Lean Production. Many adjustment problems have been encountered, including problems relating to performance measurement. After much study, the company has decided to use the performance measures below, and it has gathered data relating to these measures for the first four months of operations.

Management has asked for your help in computing throughput time, delivery cycle time, and MCE. The following average times have been logged over the last four months:

Required:

1-a. Compute the throughput time for each month.

1-b. Compute the delivery cycle time for each month.

1-c. Compute the manufacturing cycle efficiency (MCE) for each month.

2. Evaluate the company’s performance over the last four months.

3-a. Refer to the move time, process time, and so forth, given for month 4. Assume that in month 5 the move time, process time, and so forth, are the same as in month 4, except that through the use of Lean Production the company is able to completely eliminate the queue time during production. Compute the new throughput time and MCE.

3-b. Refer to the move time, process time, and so forth, given for month 4. Assume in month 6 that the move time, process time, and so forth, are again the same as in month 4, except that the company is able to completely eliminate both the queue time during production and the inspection time. Compute the new throughput time and MCE.

Inventory by Three Methods

The units of an item available for sale during the year were as follows:

There are 22 units of the item in the physical inventory at December 31. The periodic inventory system is used.

Determine the inventory cost under each of the following methods.

a. Determine the inventory cost by the first-in, first-out method.
$

b. Determine the inventory cost by the last-in, first-out method.
$

c. Determine the inventory cost by the average cost method. When computing your answer, round the average cost per unit to the nearest whole dollar.
$

Minden Company introduced a new product last year for which it is trying to find an optimal selling price. Marketing studies suggest that the company can increase sales by 5,000 units for each $2 reduction in the selling price. The company’s present selling price is $99 per unit, and variable expenses are $69 per unit. Fixed expenses are $834,300 per year. The present annual sales volume (at the $99 selling price) is 25,600 units.

Required:

1. What is the present yearly net operating income or loss?

2. What is the present break-even point in unit sales and in dollar sales?

3. Assuming that the marketing studies are correct, what is the maximum annual profit that the company can earn? At how many units and at what selling price per unit would the company generate this profit?

4. What would be the break-even point in unit sales and in dollar sales using the selling price you determined in (3) above (e.g., the selling price at the level of maximum profits)?

DataSpan, Inc., automated its plant at the start of the current year and installed a flexible manufacturing system. The company is also evaluating its suppliers and moving toward Lean Production. Many adjustment problems have been encountered, including problems relating to performance measurement. After much study, the company has decided to use the performance measures below, and it has gathered data relating to these measures for the first four months of operations.

Management has asked for your help in computing throughput time, delivery cycle time, and MCE. The following average times have been logged over the last four months:

Required:

1-a. Compute the throughput time for each month.

1-b. Compute the delivery cycle time for each month.

1-c. Compute the manufacturing cycle efficiency (MCE) for each month.

2. Evaluate the company’s performance over the last four months.

3-a. Refer to the move time, process time, and so forth, given for month 4. Assume that in month 5 the move time, process time, and so forth, are the same as in month 4, except that through the use of Lean Production the company is able to completely eliminate the queue time during production. Compute the new throughput time and MCE.

3-b. Refer to the move time, process time, and so forth, given for month 4. Assume in month 6 that the move time, process time, and so forth, are again the same as in month 4, except that the company is able to completely eliminate both the queue time during production and the inspection time. Compute the new throughput time and MCE.

-a. Compute the throughput time for each month.
1-b. Compute the delivery cycle time for each month.
1-c. Compute the manufacturing cycle efficiency (MCE) for each month.

(Round your intermediate calculations and final answers to 1 decimal place.)

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Evaluate the company’s performance over the last four months. (Indicate the effect of each trend by selecting "Favorable" or  "Unfavorable" or "None" for no effect (i.e., zero variance).

3-a. (Month 5) Refer to the move time, process time, and so forth, given for month 4. Assume that in month 5 the move time, process time, and so forth, are the same as in month 4, except that through the use of Lean Production the company is able to completely eliminate the queue time during production. Compute the new throughput time and MCE.

3-b. (Month 6) Refer to the move time, process time, and so forth, given for month 4. Assume in month 6 that the move time, process time, and so forth, are again the same as in month 4, except that the company is able to completely eliminate both the queue time during production and the inspection time. Compute the new throughput time and MCE.

(Round your intermediate calculations and final answers to 1 decimal place.)

Personal Budget At the beginning of the school year, Katherine Malloy decided to prepare a cash budget for the months of September, October, November, and December. The budget must plan for enough cash on December 31 to pay the spring semester tuition, which is the same as the fall tuition. The following information relates to the budget: Cash balance, September 1 (from a summer job) $7,990 Purchase season football tickets in September 110 Additional entertainment for each month 280 Pay fall semester tuition in September 4,300 Pay rent at the beginning of each month 390 Pay for food each month 220 Pay apartment deposit on September 2 (to be returned December 15) 600 Part-time job earnings each month (net of taxes) 990 a. Prepare a cash budget for September, October, November, and December. Enter all amounts as positive values except an overall cash decrease which should be indicated with a minus sign.

b. Are the four monthly budgets that are presented prepared as static budgets or flexible budgets?

c. Malloy can see that her present plan ------------ sufficient cash. If Malloy did not budget but went ahead with the original plan, she would be $---------- ----------- at the end of December, with no time left to adjust.

What is the present value of a $15 million pool of 30-year mortgages with an 10.5 percent per year monthly mortgage coupon if market rates are 7 percent? The GNMA guarantee fee is 7 basis points and the FI servicing fee is 43 basis points.

a. Assume that the GNMA pass-through is fully amortized.
b. Assume that the GNMA pass-through is only half amortized. Market rates are still 7 percent. If there is a lump sum payment at the maturity of the GNMA pass-through that equals 60 percent of the mortgage pool's face value, find the present value of the pass-through.

PLEASE PROVIDE EXCEL FORMULA SPELLED OUT TO ANSWER THESE PROBLEMS. SPECIFICALLY QUESTION B. I'm having trouble understanding how to get the answer properly I understand how to get answer A.

13. Ralf is a 9 year-old boy; he was scared by sound of a thunderstorm in 2010. Nobody was injured and no destruction took place. How likely it is that Ralf, because of this incident, would develop PTSD later in life? a. very likely b. somewhat likely c. very unlikely d. almost certainly, he has already developed a stress-related disorder 14. Delusion of communication was discussed in class. What is it? a. it is another name for hallucinations b. beliefs that all journalists are demons c. beliefs in being a communication major d. beliefs in being connected to other people, God, or the Devil e. beliefs about knowing many languages 15. Echolalia or echopraxia are symptoms that are common features of: a. PTSD b. Autism c. Bipolar Disorder d. delusion of reference e. catatonia 16. What are most typical psychological symptoms that accompany acculturative stress? a. hallucinations and delusions b. sleep disturbances caused by eating problems and sudden weight loss c. violent acts against relatives and friends d. anger, anxiety, depressive symptoms, and low self-esteem e. sleep disturbances, guilty feelings, and beliefs in own power, and ability to dominate other people 17. Why don’t most professionals such as firefighters and doctors working in emergency rooms develop symptoms of PTSD? a. because they take medication in the morning b. because they take special medication once a week c. because they are on therapy d. because they typically don’t experience intense fear when witnessing traumas e. because they have a genetic resistance to stress and fear 18. Symptoms such as failure to make eye contact, social withdrawal, lack of spoken language, and repetitive behaviors are among major symptoms of which disorder? a. PTSD b. ADD c. ADHD d. Tourette’s Disorder e. Autistic Disorder 19. What is the third group of symptoms typically identified in Attention Deficit/Hyperactivity Disorder? (The first one is Inattention, the second is Hyperactivity) a. excessive anxiety b. hallucinations c. motor tics d. obsessions and compulsions e. impulsivity 20. A person witnesses a traumatic event but does not develop symptoms of Stress Disorder. How common is this? a. this is very unusual: the person must develop a stress disorder b. this is unusual: most people develop a stress disorder under these circumstances c. this is common: most people in such circumstances don’t develop a stress disorder d. this is common but only in men e. women almost always develop a stress disorder in such circumstances 21. People who develop schizophrenia fall under the rule of “three thirds”. What is this rule? a. the rule explains that why women are not diagnosed with this illness b. the rule explains the negative symptoms of this illness c. the rule explains the positive symptoms of this illness d. the rule predicts how many people would likely to recover from illness e. the rule explains that why children are not diagnosed with this illness

Due to a recession, expected inflation this year is only 3.75%. However, the inflation rate in Year 2 and thereafter is expected to be constant at some level above 3.75%. Assume that the expectations theory holds and the real risk-free rate (r*) is 3.5%. If the yield on 3-year Treasury bonds equals the 1-year yield plus 1.5%, what inflation rate is expected after Year 1? Round your answer to two decimal places.

Cost Flow Relationships

The following information is available for the first year of operations of Creston Inc., a manufacturer of fabricating equipment:

Using the above information, determine the following amounts:

Assume a corporation is expecting the following cash flows in the future: $-9 million in year 1, $11 million in year 2, $23 million in year 3. After year 3, the cash flows are expected to grow at a rate of 6% forever. The discount rate is 13%, the firm has debt totaling $47 million, and 8 million shares outstanding. What should be the price per share for this company?