Which of the following is the best example of a non-value adding activity? Select one: a....
Which of the following is the best example of a non-value adding activity?
Select one:
a.
the storage of inventory
b.
cleaning and organizing a workspace
c.
assembly of component parts into a finished product
d.
fabricating a component part for later assembly
e.
a worker improving his/her skill set while a machine is performing a task
Assume a company needs to produce 60 units of product A and 30 units of product B each day. The firm operates using Lean practices. Also assume the firm has reduced setup times to negligible values. Which of the following would be the best strategy for the company to follow to produce these units?
Select one:
a.
30 units of A, then 30 units of B, then 30 units of A
b.
4 units of A, 2 units of B, 4 units of A, 2 units of B, and so on until all units are produced
c.
30 units of B, then 60 units of A
d.
2 units of A, 1 unit of B, 2 units of A, 1 unit of B, and so on until all units are produced
e.
60 units of A, then 30 units of B
Homework Answers
1. the storage of inventory.
This is not a value adding activity as it does not add value to the product and is only a practice to preserving the value of a product until it is moved for distribution.
(*answered the first question as per HOMEWORKLIB RULES. Do upvote if this helps*)
Add Answer to:
Which of the following is the best example of a non-value adding
activity?
Select one:
a....
Assume a company needs to produce 60 units of product A and 30 units of product...
Assume a company needs to produce 60 units of product A and 30 units of product B each day. The firm operates using Lean practices. Also assume the firm has reduced setup times to negligible values. Which of the following would be the best strategy for the company to follow to produce these units? Select one: O a. 30 units of B, then 60 units of A O b. 30 units of A, then 30 units of B, then 30...
Assume a company needs to produce 60 units of product A and 30 units of product...
Assume a company needs to produce 60 units of product A and 30 units of product B each day. The firm operates using Lean practices. Also assume the firm has reduced setup times to negligible values. Which of the following would be the best strategy for the company to follow to produce these units? Select one: O a. 2 units of A, 1 unit of B, 2 units of A, 1 unit of B, and so on until all units...
Assume a company needs to produce 60 units of product A and 30 units of product...
Assume a company needs to produce 60 units of product A and 30 units of product Beach day. The firm operates using Lean practices. Also assume the firm has reduced setup times to negligible values. Which of the following would be the best strategy for the company to follow to produce these units? Select one: a. 30 units of A, then 30 units of B, then 30 units of A b. 30 units of B, then 60 units of A...
estion 4 A natural monopoly exists when yet swered ints out of Select one: c a...
estion 4 A natural monopoly exists when yet swered ints out of Select one: c a . there are no close substitutes for a firm's product. O Flag jestion O C b. a monopolist produces a product, the main component of which is a natural resource. . a firm is the exclusive owner of a key resource necessary to produce the firm's product. d. economies of scale are so large that only one firm can survive and achieve low unit...
Assume that a firm has a fixed-proportions production function, in which one unit of output is produced using one worker and two units of capital. If the firm has an extra worker, say two workers, and no more capital, it still can produce only one unit of
Assume that a firm has a fixed-proportions production function, in which one unit of output is produced using one worker and two units of capital. If the firm has an extra worker, say two workers, and no more capital, it still can produce only one unit of output. Similarly, an extra unit of capital does the firm no good.a) Draw the isoquants for this production function.b) Draw the total product, average product, and marginal product of labor curves (you will...
Answer the next six questions on the basis of the information in Table 1 which shows...
Answer the next six questions on the basis of the information in Table 1 which shows the short-run cost curves for a typical competitive firm. Table 1 AFC MO ATC AVCA $200.00 S50.00 S150.00 S50.00 2 112.50 37.5075.0025.00 85.00 35.00 50.00 30.00 4 73.75 36.2537.5040.00 30.00 55.00 6 70.00 45.0025.0070.00 7286 51.4321.43 90.00 78.13 59.38 18.75 115.00 30 030 3304 30 0 5 70.00 40.00 3 60 5 605 60 6 60 0 75 6 75 6 75 775 6...
Assume that a purely competitive firm has the following schedule of average and marginal costs: Output...
Assume that a purely competitive firm has the following schedule of average and marginal costs: Output 1 AFC $300 150 100 No от во 60 50 43 38 33 30 AVC $100 75 70 73 80 90 103 119 138 160 ATC $400 225 170 148 140 140 146 156 171 190 MC $100 50 60 80 110 140 180 230 290 360 9 10 e. At a price of $55, the firm would produce units of output. At a...
(The following information applies to the questions displayed below.) Fields Company has two manufacturing departments, forming...
(The following information applies to the questions displayed below.) Fields Company has two manufacturing departments, forming and painting. The company uses the weighted-average method of process costing. At the beginning of the month, the forming department has 36,000 units in inventory, 65% complete as to materials and 35% complete as to conversion costs. The beginning inventory cost of $81,100 consisted of $57,400 of direct materials costs and $23,700 of conversion costs. During the month, the forming department started 510,000 units....
Which of the following is the best explanation of nudeation? Select one: a. all of the...
Which of the following is the best explanation of nudeation? Select one: a. all of the above are true b. it can be initiated by the addition of a seed crystal to a saturated solution O c. it is the first step in the process of crystallization d. it can be initiated by providing nucleation sites - tiny crevices in a surface When the melting point of a mixture is measured, what is generally true about the results? estion Select...
Assume that the following cost data are for a perfectly competitive producer: Total Product Marginal Cost...
Assume that the following cost data are for a perfectly competitive producer: Total Product Marginal Cost , Average Fixed Cost na $60.00 30.00 20.00 15.00 12.00 10.00 Average Variable Cost $0.00 $45.00 42.50 40.00 37.50 37.00 37.50 38.57 40.63 43.33 46.50 Average Total Cost $0.00 $105.00 72.50 60.00 52.50 49.00 47.50 47.14 48.13 50.00 52.50 6 8.57 7.50 6.67 .00 106 Answer the questions in the first column in the table below for each of the prices listed at the...
Assume a company needs to produce 60 units of product A and 30 units of product B each day. The firm operates using Lean practices. Also assume the firm has reduced setup times to negligible values. Which of the following would be the best strategy for the company to follow to produce these units? Select one: O a. 30 units of B, then 60 units of A O b. 30 units of A, then 30 units of B, then 30...
Assume a company needs to produce 60 units of product A and 30 units of product B each day. The firm operates using Lean practices. Also assume the firm has reduced setup times to negligible values. Which of the following would be the best strategy for the company to follow to produce these units? Select one: O a. 2 units of A, 1 unit of B, 2 units of A, 1 unit of B, and so on until all units...
Assume a company needs to produce 60 units of product A and 30 units of product Beach day. The firm operates using Lean practices. Also assume the firm has reduced setup times to negligible values. Which of the following would be the best strategy for the company to follow to produce these units? Select one: a. 30 units of A, then 30 units of B, then 30 units of A b. 30 units of B, then 60 units of A...
estion 4 A natural monopoly exists when yet swered ints out of Select one: c a . there are no close substitutes for a firm's product. O Flag jestion O C b. a monopolist produces a product, the main component of which is a natural resource. . a firm is the exclusive owner of a key resource necessary to produce the firm's product. d. economies of scale are so large that only one firm can survive and achieve low unit...
Answer the next six questions on the basis of the information in Table 1 which shows the short-run cost curves for a typical competitive firm. Table 1 AFC MO ATC AVCA $200.00 S50.00 S150.00 S50.00 2 112.50 37.5075.0025.00 85.00 35.00 50.00 30.00 4 73.75 36.2537.5040.00 30.00 55.00 6 70.00 45.0025.0070.00 7286 51.4321.43 90.00 78.13 59.38 18.75 115.00 30 030 3304 30 0 5 70.00 40.00 3 60 5 605 60 6 60 0 75 6 75 6 75 775 6...
Assume that a purely competitive firm has the following schedule of average and marginal costs: Output 1 AFC $300 150 100 No от во 60 50 43 38 33 30 AVC $100 75 70 73 80 90 103 119 138 160 ATC $400 225 170 148 140 140 146 156 171 190 MC $100 50 60 80 110 140 180 230 290 360 9 10 e. At a price of $55, the firm would produce units of output. At a...
(The following information applies to the questions displayed below.) Fields Company has two manufacturing departments, forming and painting. The company uses the weighted-average method of process costing. At the beginning of the month, the forming department has 36,000 units in inventory, 65% complete as to materials and 35% complete as to conversion costs. The beginning inventory cost of $81,100 consisted of $57,400 of direct materials costs and $23,700 of conversion costs. During the month, the forming department started 510,000 units....
Which of the following is the best explanation of nudeation? Select one: a. all of the above are true b. it can be initiated by the addition of a seed crystal to a saturated solution O c. it is the first step in the process of crystallization d. it can be initiated by providing nucleation sites - tiny crevices in a surface When the melting point of a mixture is measured, what is generally true about the results? estion Select...
Assume that the following cost data are for a perfectly competitive producer: Total Product Marginal Cost , Average Fixed Cost na $60.00 30.00 20.00 15.00 12.00 10.00 Average Variable Cost $0.00 $45.00 42.50 40.00 37.50 37.00 37.50 38.57 40.63 43.33 46.50 Average Total Cost $0.00 $105.00 72.50 60.00 52.50 49.00 47.50 47.14 48.13 50.00 52.50 6 8.57 7.50 6.67 .00 106 Answer the questions in the first column in the table below for each of the prices listed at the...
Most questions answered within 3 hours.
-
find the critical value associated with a right sided hypothesis of
the mean using a sample...
asked 1 hour ago -
Which of the following statements is true with respect to a
simple linear regression model?
a....
asked 2 hours ago -
The energy required to remove an electron from a surface of a
solid element is called...
asked 3 hours ago -
How would you train your employees to avoid risks of using
mobile devices?
asked 4 hours ago -
Assume Kw = 1.01 ✕ 10−14
For pure water, we can calculate [H3O+ ] = [OH...
asked 4 hours ago -
Suppose that on a temperature scale X, water boils at 203.0°X
and freezes at -105.7°X. What...
asked 5 hours ago -
BaS crystallizes in a cubic unit cell with S2- ions on each
corner and each face....
asked 6 hours ago -
A. 0≤P(Oi)≤10≤P(Oi)≤1 for each i
B. P(Oi)≤0P(Oi)≤0
C. P(Oi)=1+P(OCi)P(Oi)=1+P(OiC)
D. P(Oi)≥1P(Oi)≥1
If an experiment consists of...
asked 7 hours ago -
A battery has an emf of 9.20V and an internal resistance of 1.20
ohm. a)What resistance...
asked 7 hours ago -
The area of an elastic circular loop decreases at a constant
rate, dA/dt = −6.60×10−3 m2/s...
asked 8 hours ago -
The denaturation of proteins can be described by the
equilibrium
F⇌U
where F and U represent...
asked 10 hours ago -
Please answer what the maximum and minimum force is, and the
angle on the ion is...
asked 10 hours ago