Consider the following worker-paced process with a wage rate of $12 per hour per worker. Assume there
Fantastic news! We've Found the answer you've been seeking!
Question:
Consider the following worker-paced process with a wage rate of $12 per hour per worker. Assume there is unlimited demand for the product.
Resource | Processing time (minutes) | Number of workers |
1 | 12 | 2 |
2 | 4 | 1 |
3 | 15 | 3 |
4 | 10 | 3 |
5 | 3 | 1 |
6 | 15 | 2 |
What is the average labor content (in minutes)? (report your answer as an integer)
What is the cost of direct labor? (report your answer to 2 decimal places)
Expert Answer:
Posted Date:
