Question: Need more context for second question Q5 a) A firm has redesigned its production process so that it now takes 10 hours for a unit
Need more context for second question
Q5 a) A firm has redesigned its production process so that it now takes 10 hours for a unit to be made. Using the old process, it took 15 hours to make a unit. If the process makes one unit each hour on average and each unit is worth $3,600, what is the reduction in work-in-process value? b) The Avis Company is a car rental company and is located three miles from the Los Angeles airport (LAX). Avis is dispatching a bus from its offices to the airport every 2 minutes. The average traveling time (a round trip) is 10 minutes. i). How many Avis buses are traveling to and from the airport
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