A manufacturer's average work-in-process inventory for Part 1234 is 1,450 parts. The workstation produces parts at the rate of 170 parts per day. What is the average amount of time a part spends at this workstation?


WIP = R × T
1450 = 170(T)
T = 8.53 days
A part spends 9 days at the workstation.

Business

You might also like to view...

Alicia, a district manager for a global retailer, is traveling to different stores in her district to discuss with store managers how to increase profitability for the rest of the fiscal year. What is Alicia doing?

A. eliminating the planning/control cycle B. avoiding the planning/control cycle C. controlling the direction of the planning/control cycle D. researching the planning/control cycle E. forecasting the planning/control cycle

Business

The country that withdrew from the original members of the Andean Community is:

A) Bolivia. B) Chile. C) Ecuador. D) Peru. E) Venezuela.

Business

Cuisine Company received a 6-month, 6% note for $10,000 from its president on October 1, 2016 . The note is due on March 31, 2017 . If Cuisine's accounting period ends on December 31, how much interest revenue should Cuisine recognize during 2016 and 2017? 2016 2017

a. $450 $150 b. $600 $ 0 c. $300 $300 d. $150 $150

Business

Engineering design costs are generally referred to as:

A. Unit-level costs. B. Facility-level costs. C. Batch-level costs. D. Product-level costs.

Business