Question: Q3: What are the key ideas in process analysis with multiple cash flow units? (Answer in Paragraph) Q4: CAC operates 3 eight hour shifts to
Q3: What are the key ideas in process analysis with multiple cash flow units? (Answer in Paragraph)
Q4: CAC operates 3 eight hour shifts to produce 600 gallons of chemicals per day. It requires 12 minutes of labor to produce a gallon of chemical. What is CAC's Takt time in minutes per gallon? What is the target manpower? ***Show all formulas, calculations, and results***
Q5: A process consists of 3 resources. Resource 1 has a processing time of 4 minutes per unit. Resource 2 has a processing time of 3 minutes per unit. Resource 3 has a processing time of 5 minutes per unit. All resources are staffed by 1 worker and each worker gets paid $ 12 per hour. What is the cost of direct labor? How much idle time does worker at resource 3 have per unit? What is the average labor utilization? Assume demand rate is 20 units per hour, what is the Takt time and what is the Target manpower? ***Show all formulas used, calculations and results.***
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