Champion Cooling has just signed a contract to assemble window air conditioners for another company. The list of tasks, including time requirements and immediate predecessors, follows
Initially, the plan was to make 300 units in an eight hour day but as the summer months approach, Champion Cooling finds themselves far behind in total production. They wish to reconfigure their production line in order to produce maximum output. What should their takt time be?
Task Time (min) Predecessor
Bolt compressor to base 5 None
Install coils and lines 6 Bolt compressor to base
Install fan motor 7 Install coils and lines
Install switch and thermostat 5 Install fan motor
Charge system and test 10 Install switch and thermostat
Cosmetic detailing 7 Charge system and test
A) 5
B) 6
C) 7
D) 10
Answer: D
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d. consensus
a. lead. b. leader. c. task manager. d. task organizer.
At the end of the third year of operation, Alger Corporation has total assets equal to $100,000, liabilities totaling $90,000, and contributed capital of $30,000 . What is the balance in retained earnings?
a. $40,000 (Dr) b. $40,000 (Cr) c. $20,000 (Dr) d. $10,000 (Cr) e. $20,000 (Cr)
A promissory note received from a customer in exchange for an account receivable is recorded by the payee as:
A. A cash equivalent. B. An account receivable. C. A short-term investment. D. A note receivable. E. A note payable.
Assume that Bubba orders 15 cases of BBQ chips from Mays Potato Chips for his restaurant, Bubba's BBQ. Mays ships 15 cases of regular chips by mistake. If Bubba decides to keep the regular chips, in spite of the nonconformity with the contract, then the destruction of the chips when a water pipe breaks in the food storage room will result in:
a. Mays' having to bear the loss, because it shipped nonconforming goods to Bubba. b. Mays' having to bear the loss, because it failed to insure the chips. c. Bubba's having to bear the loss, because he accepted delivery of the nonconforming chips. d. Bubba's having to bear the loss, because it was a sale on approval contract.