Today, your paint line must produce 6250 gallons of beige paint. Your four step manufacturing process...
Today, your paint line must produce 6250 gallons of beige paint. Your four step manufacturing process has the following scrap rates for the corresponding step:
Step 1: 0.4%
Step 2: 1.4%
Step 3: 2.3%
Step 4: 1.3%
How many gallons of paint must you start with to have 6250 gallons of point that can be sold?
(Keep one decimal point in your answer)
Homework Answers
Answer: we need to input 6599.8 gallons
Explanation:
| 44 | B | C | D | E | F | G |
| 45 | Scrap rates | 0.40% | 1.40% | 2.30% | 1.30% | |
| 46 | Input | step-1 | step-2 | step-3 | step-4 | Output |
| 47 | 6599.8 | 6599.8 | 6573.4 | 6481.4 | 6332.3 | 6250 |
Excel formula
| 44 | B | C | D | E | F | G |
| 45 | Scrap rates | 0.004 | 0.014 | 0.023 | 0.013 | |
| 46 | Input | step-1 | step-2 | step-3 | step-4 | Output |
| 47 | =C47 | =D47/(1-C45) | =E47/(1-D45) | =F47/(1-E45) | =G47/(1-F45) | 6250 |
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