Cheval Company has the following data for one of its manufacturing plants:
a. Maximum units produced in a quarter (3-month period): 500,000 units
b. Actual units produced in a quarter (3-month period): 400,000 units
c. Productive hours in one quarter: 50,000 hours
Required:
1. Compute the theoretical cycle time (in minutes).
2. Compute the actual cycle time (in minutes).
3. Compute the theoretical velocity in units per hour.
4. Compute the actual velocity in units per hour.