Question 1
7. Some tasks and the order in which they must be performed according to their assembly requirements are shown in the following table. These are to be combined into workstations to create an assembly line. The assembly line operates 71?2 hours per day. The output requirement is 1,000 units per day. Preceding Time Preceding Time Task Tasks (Seconds) Task Tasks (Seconds) A ? 15 G C 11 B A 24 H D 9 C A 6 I E 14 D B 12 J F, G 7 E B 18 K H, I 15 F C 7 L J, K 10 a. What is the workstation cycle time required to produce 1,000 units per day? b. Balance the line using the longest task time based on the 1,000-unit forecast, stating which tasks would be done in each workstation. c. For (b), what is the effi ciency of your line balance, assuming it is running at the cycle time from part (a)? d. After production was started, Marketing realized that it understated demand and must increase output to 1,100 units. What action would you take? Be specifi c and quantitative in your answer. 8. An initial solution has been given to the following workcenter layout problem. Given the fl ows described and a cost of $2.00 per unit per foot, compute the total cost for the layout. Each location is 100 feet long and 50 feet wide as shown in the following fi gure. Use the centers of departments for distances and measure distance using metropolitanrectilinear distance. Department A B C D A 0 10 25 55 1009 1009 1009 Department B 0 10 5 509 A B C 509 C 0 15 D 509 D 0 FACILITY LAYOUT
Question 2
Joel, a former employee of NetworkBank, an online bank, decided to exact some revenge. Though his official access to the bank's records was removed, he was able to hack into the bank's database of customer information, obtaining passwords associated with customer debit cards. Using debit card numbers and passwords, he purchased merchandise online from various venders, including online auction sites, such as eBay. Among the bank customers whose accounts he raided was Elle, a consumer, and Pet Products, Inc., a business that sells pet products online. Joel took $85 from Elle's checking account the first time, which she didn't notice until a week later, at which point she notified NetworkBank. Joel took $350 from Elle's account a few weeks later, which she noticed the next day and immediately reported to the bank. Joel accessed Pet Products, Inc., just once, for $3,450, which the company noticed the next day and reported to NetworkBank. Joel also wanted revenge against a former NetworkBank employee, Gwen, who he believed to be responsible for his firing. She left the bank and was working elsewhere. Using Internet search engines, he found postings that Gwen had made to chat rooms on various Internet sites. Using this information, Joel contacted PrivateI.com, an Internet based information and investigation service. He paid the fee required for an investigation on Gwen, and obtained her home and work addresses and telephone numbers. PrivateI.com did not inquire why Joel wanted the information about Gwen. Joel followed Gwen as she exited her workplace one night and attacked her, injuring her severely. Joel is now under arrest. What remedies do Elle and Pet Products, Inc. have against NetworkBank for the unauthorized fund transfers? What law applies? What is the extent of liability for the consumers in this scenario? May Gwen hold PrivateI.com liable for her injuries? Why or why not? What preventative actions should the businesses mentioned in this scenario have undertaken to prevent what occurred here?
Question 3
) Provide a brief overview of how a change in capital structure (combination of debt and equity) affects the following: (1) V = Value Of Firm (2) FCF = Free Cash Flow (3) WACC = Weighted Average Cost Of Capital (4) re And rd (costs of equity and debt) (5) we And wd (percentages of the firm that are financed with equity and debt respectively) Be sure to identify the ways in which capital structure can affect the weighted average cost of capital and free cash flows. b) Briefly answer the following questions: What is business risk? What factors influence a firm's business risk? What is operating leverage, and how does it affect a firm's business risk? Explain the difference between financial risk and business risk. What is the effect of financial leverage on ROE? c) Assume that the investment banker of Grumpy Gargamel?s Company gave you the following estimated costs of debt for the firm at different capital structures: % Financed With Debt rd 0% 0% 20 10.0% 30 10.5 40 12.0 50 15.0 At 0% debt, the company has 1,000,000 shares outstanding. If the company were to recapitalize, debt would be issued, and the ALL funds received from lenders would be used to repurchase stock (so shares outstanding and price of the stock would change as capital structure changes). Grumpy Gargamel?s has a corporate tax rate of 35%, its unlevered beta (Bu) is 1.0, the risk-free rate is 7 percent, and the market risk premium is 7 percent. Assume the firm has EBIT of $400,000 which will stay fixed forever.,Great. For the last part, I need the table in excel so I can see how you got the numbers. Thanks.,In this spreadsheet I also need Value of Firm, Total Debt, Total Equity, Price of stock, Shares outstanding, and FCF per share...then its done.
Question 4
Coffey Company maintains a very large direct materials inventory because of critical demands placed upon it for rush orders from large hospitals. Item A contains hard-to-get material Y. Currently, the standard cost of material Y is $2.00 per gram. During February, 22,000 grams were purchased for $2.10 per gram, while only 20,000 grams were used in production. There was no beginning inventory of material Y. Required: a) Determine the direct materials price variance, assuming that all materials costs are the responsibility of the materials purchasing manager. b) Determine the direct materials price variance, assuming that all materials costs are the responsibility of the production manager. c) Discuss the issues involved in determining the price variance at the point of purchase versus the point of consumption.,1. 1. Coffey Company maintains a very large direct materials inventory because of critical demands placed upon it for rush orders from large hospitals. Item A contains hard-to-get material Y. Currently, the standard cost of material Y is $2.00 per gram. During February, 22,000 grams were purchased for $2.10 per gram, while only 20,000 grams were used in production. There was no beginning inventory of material Y. Required: a) Determine the direct materials price variance, assuming that all materials costs are the responsibility of the materials purchasing manager. b) Determine the direct materials price variance, assuming that all materials costs are the responsibility of the production manager. c) Discuss the issues involved in determining the price variance at the point of purchase versus the point of consumption. 2. During February the Lungren Manufacturing Company's costing system reported several variances that the production manager was surprised to see. Most of the company's monthly variances are under $125, even though they may be either favorable or unfavorable. The following information is for the manufacture of garden gates, its only product: i. Direct materials price variance, $800 unfavorable. ii. Direct materials efficiency variance, $1,800 favorable. iii. Direct manufacturing labor price variance, $4,000 favorable. iv. Direct manufacturing labor efficiency variance, $600 unfavorable. Required: a) Provide the manager with some ideas as to what may have caused the price variances. b) What may have caused the efficiency variances?,hi sir by when you will answer these questions?,hi,are you online,hi michael m still waiting for the answer and how do i proceed further,hi i have some issue on the 1st question on: a If Price variance is responsibility of purchase manager In that case on the Beginning Inventory 0 Purchased 22000 2.1 46200 Standard Price 22000 2 44000 Price variance 4200 Is can you please tell what is the price variance answer is right or wrong please lemme me know in 1 hr need to submit the assingment its the last day. Thanks
Question 5
1. Cedric bought some land costing $49,850. Today that same land is valued at $83,000. How long has Cedric owned this land if the price of land has been increasing at 4 percent per year? 2.Twenty-five years ago, your father invested $10,000. Today that investment is worth $211,836. What is the average rate of return your father earned on his investment? 3. Alpha, Inc. is saving money to build a new factory. Six years ago they set aside $250,000 for this purpose. Today, that account is worth $306,958. What rate of interest is Alpha earning on this money? 4. On your tenth birthday, you received $100 which you invested at 4.5 percent interest, compounded annually. That investment is now worth $3,000. How old are you today? 5. Some time ago, Julie purchased eleven acres of land costing $36,900. Today, that land is valued at $214,800. Approximately, how long has she owned this land if the price of the land has been increasing at 6 percent per year? 6. Arnold Ziffle established a trust fund that provides $75,000 in scholarships each year for worthy students. The trust fund earns a 5 percent rate of return. How much money did Ziffle contribute to the fund assuming that only the interest income is distributed? 7. Today, you signed loan papers agreeing to borrow $4,954.85 at 9 percent compounded monthly. The loan payment is $143.84 a month. How many loan payments must you make before the loan is paid in full? 8. You estimate that you will owe $45,300 in student loans by the time you graduate. The interest rate is 4.25 percent. If you want to have this debt paid in full within ten years, how much must you pay each month?
