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Problem 10.2 Solution

The document contains solutions to several problems involving calculations. The maximum choice problem is solved by determining that choosing the largest first station size returns the maximum profit. A work time problem is solved by calculating normal time, performance rating, and standard time. Another problem is solved by finding x given a percentage of x equals a value and determining the percentage improvement and cost of materials.

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Kayana Dixon Denise
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27 views3 pages

Problem 10.2 Solution

The document contains solutions to several problems involving calculations. The maximum choice problem is solved by determining that choosing the largest first station size returns the maximum profit. A work time problem is solved by calculating normal time, performance rating, and standard time. Another problem is solved by finding x given a percentage of x equals a value and determining the percentage improvement and cost of materials.

Uploaded by

Kayana Dixon Denise
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Problem 10.

Solution

The maximum choice is that the size of first station is very large. This choice returns maximum profit.

Problem 10.16

Solution

Normal time = average time X performance rating

= 0.1088*95%

= 0.1033 minutes

Standard time = normal time / (1- allowance factor)

= 0.1033/(1-0.08)

= 0.1123
Problem 11.2

Solution

15% of x = 25000

0.15 = 25000

x = 166666.67

Percentage improvement = new sales – previous sales/ previous sales

= 66.67%

Cost of material = 55% 0f 166666.67

=91666.68

Problem 11.3

12% of x = 25000

0.12x = 25000

X = 25000/0.12

X = 208333.34

Problem 12.2

Solution
Problem 12.3

Solution

Fish fillets has the most expensive dollar volume so, it is most expensive item.

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