Considering the product-process matrix, which process type is the most flexible and creates products with the...
Considering the product-process matrix, which process type is the most flexible and creates products with the lowest level of standardization?
Manufacturing Cell
Work Center
Continuous Process
Project
Homework Answers
Project has the lowest level of standardization where each time the processes are set-up and customized for the output. Systems are equipment are can be arranged from the scratch for a project. Hence the answer
Manufacturing Cell and Work Center have some level of standardization since the facilities and equipment are permanent and have own limitations
Continuous process is highly standardized
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Considering the product-process matrix, which process type is
the most flexible and creates products with the...
Part 4: Product-Process Matrix. The five types of processes in the Product-Process Matrix are: project, job...
Part 4: Product-Process Matrix. The five types of processes in the Product-Process Matrix are: project, job shop (workcenter), batch shop (manufacturing cell), flow shop (assembly line) and continuous flow. Please indicate the most suitable process type for each product/service below (each product/service is with one distinet process). Process Product/Service iPhone XS MAX Movie: Transformers: Revenge The Fallen Sinopec Gasoline SUFE customized calendars for the year of 2019-2020 Bank of China telephone banking service
Question 14 Which of the following is most true about the different manufacturing process structures? A...
Question 14 Which of the following is most true about the different manufacturing process structures? A workcenter is more efficient than a continuous process. b. An electronics manufacturer is a good example of a workcenter flow structure. c. Continuous processes are most appropriate for very standard, high-volume commodity products. Bulk paper production is a good example of an project layout. e. A manufacturing cell typically has the highest unit cost of production.
Which of the following is true about the product-process matrix: Projects have low volumes and low...
Which of the following is true about the product-process matrix: Projects have low volumes and low product standardization Projects have high volumes and low product standardization Projects have high volumes and high product standardization Projects have low volumes and high product standardization
A manufacturing cell is characterized by having higher product standardization and higher product volume than what...
A manufacturing cell is characterized by having higher product standardization and higher product volume than what other process type? Group of answer choices Continuous Process Batch Assembly Workcenter Assembly Line
Thompson Company is considering the development of two products: Alpha and Beta. Regardless of which product...
Thompson Company is considering the development of two products:
Alpha and Beta. Regardless of which product is introduced, the
anticipated selling price will be $50.
Manufacturing cost information follows:
16.Which of the two products will be more profitable at a sales
level of 20,000 units?
a. Alpha
b. Beta
17.Refer to the previous question. By what amount is the product
(Alpha or Beta) more profitable?
18.At what volume level (i.e., number of units) will the profit for
the two products...
Thompson Company is considering the development of two products: Alpha and Beta. Regardless of which product...
Thompson Company is considering the development of two products: Alpha and Beta. Regardless of which product is introduced, the anticipated selling price will be $50. Manufacturing cost information follows: Alpha $200,000 $30 Beta $300,000 Annual fixed costs Variable cost per unit $20 16. Which of the two products will be more profitable at a sales level of 20,000 units? a. Alpha b. Beta 17. Refer to the previous question. By what amount is the product (Alpha or Beta) more profitable?...
Practice Question 03 Which one of the following statements is correct? Process costing systems use periodic...
Practice Question 03 Which one of the following statements is correct? Process costing systems use periodic inventory systems. Process costing systems assign costs to departments or processes for a time period. Companies that produce many different products or services are more likely to use process costing systems. O Production is continuous when a job-order costing is used to ensure that adequate quantities are on hand. Click if you would like to Show Work for this question: Open Show Work Practice...
Product : engine company: Toyota (1) Identify one or more production strategies applied by the firm...
Product : engine company: Toyota (1) Identify one or more production strategies applied by the firm currently and provide your opinions on whether you agree with their production strategies. Provide improvement suggestions (if any). Hint: there are four production strategies. • Make-to-Stock • Assemble-to-Order . Make-to-Order • Engineer-to-Order (2) Identify how the firm's production facility is arranged. Do you think the firm has an effective facility layout? Use reasons to support your answer. Hint: there are five basic structures. Project...
Which of the following factors would NOT be part of a process to improve a business’...
Which of the following factors would NOT be part of a process to improve a business’ competitive positioning in a global marketplace? Focusing on customers. Practicing continuous improvement. Relying on the Internet to unite companies. Reducing product quality to keep costs low. Which of the following statements concerning the U.S. service sector today is most accurate? This sector has grown much more rapidly than the manufacturing sector. It has become the low-wage sector of the U.S. economy. It focuses less...
Pacifica Industrial Products Corporation makes two products, Product Hand Product L Product H is expected to...
Pacifica Industrial Products Corporation makes two products, Product Hand Product L Product H is expected to sell 47,000 units next year and Product Lis expected to sell 9,400 units. A unit of either product requires 0.9 direct labor-hours. The company's total manufacturing overhead for the year is expected to be $4,314,600. Required: 1-a. The company currently applies manufacturing overhead to products using direct labor-hours as the allocation base. If this method is followed, how much overhead cost per unit would...
Part 4: Product-Process Matrix. The five types of processes in the Product-Process Matrix are: project, job shop (workcenter), batch shop (manufacturing cell), flow shop (assembly line) and continuous flow. Please indicate the most suitable process type for each product/service below (each product/service is with one distinet process). Process Product/Service iPhone XS MAX Movie: Transformers: Revenge The Fallen Sinopec Gasoline SUFE customized calendars for the year of 2019-2020 Bank of China telephone banking service
Question 14 Which of the following is most true about the different manufacturing process structures? A workcenter is more efficient than a continuous process. b. An electronics manufacturer is a good example of a workcenter flow structure. c. Continuous processes are most appropriate for very standard, high-volume commodity products. Bulk paper production is a good example of an project layout. e. A manufacturing cell typically has the highest unit cost of production.
Thompson Company is considering the development of two products:
Alpha and Beta. Regardless of which product is introduced, the
anticipated selling price will be $50.
Manufacturing cost information follows:
16.Which of the two products will be more profitable at a sales
level of 20,000 units?
a. Alpha
b. Beta
17.Refer to the previous question. By what amount is the product
(Alpha or Beta) more profitable?
18.At what volume level (i.e., number of units) will the profit for
the two products...
Thompson Company is considering the development of two products: Alpha and Beta. Regardless of which product is introduced, the anticipated selling price will be $50. Manufacturing cost information follows: Alpha $200,000 $30 Beta $300,000 Annual fixed costs Variable cost per unit $20 16. Which of the two products will be more profitable at a sales level of 20,000 units? a. Alpha b. Beta 17. Refer to the previous question. By what amount is the product (Alpha or Beta) more profitable?...
Practice Question 03 Which one of the following statements is correct? Process costing systems use periodic inventory systems. Process costing systems assign costs to departments or processes for a time period. Companies that produce many different products or services are more likely to use process costing systems. O Production is continuous when a job-order costing is used to ensure that adequate quantities are on hand. Click if you would like to Show Work for this question: Open Show Work Practice...
Product : engine company: Toyota (1) Identify one or more production strategies applied by the firm currently and provide your opinions on whether you agree with their production strategies. Provide improvement suggestions (if any). Hint: there are four production strategies. • Make-to-Stock • Assemble-to-Order . Make-to-Order • Engineer-to-Order (2) Identify how the firm's production facility is arranged. Do you think the firm has an effective facility layout? Use reasons to support your answer. Hint: there are five basic structures. Project...
Pacifica Industrial Products Corporation makes two products, Product Hand Product L Product H is expected to sell 47,000 units next year and Product Lis expected to sell 9,400 units. A unit of either product requires 0.9 direct labor-hours. The company's total manufacturing overhead for the year is expected to be $4,314,600. Required: 1-a. The company currently applies manufacturing overhead to products using direct labor-hours as the allocation base. If this method is followed, how much overhead cost per unit would...
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