A process hat a cycle tune of 10 minutes. IV throughput time is 10 hours. If the throughput time is reduced to 4 hours without changing the cycle time, what is the increase in inventory (as a percentage)?
A production line makes cameras. In a day (8 working hours), 200 cameras are made, and they are sold at $ 180 each 20 workers attend the line, and they are paid $20 an hour. The material cost is $ 73 per camera. The cost of capital for the plant is $5,000 a day. What is the multifactor productivity (using all the given factors)? (Provide two significant digits to the right of the decimal point)
Consider a bank where loan applications are first reviewed by a credit analyst, and then by a loan officer. The credit analyst takes 13 minutes to review each application, and the loan officer takes 7 minutes for each application. Both start the day with no other work. A batch of 5 applications is delivered to the credit analyst at the start of the day. Assuming that the credit analyst gives each application AS SOON AS IT IS REVIEWED to the loan officer, how long (in minutes) does it take for the batch to be completed (by both the credit analyst and the loan officer)?