TENG 343 QUIZ2A__ February 10,2004 Name_Jyetn_4eu ¢y. ‘There are 25 questions (problems, multiple choice, completion). Each question is worth 4 points. Given: The owner of the Big Bay Co. has a machine that produces 20 widgets per hour. The fixed costs are $10,000/month, the selling price of one widget is $12, and other costs per widget include: labor $4.00, Material $3.00 and Overhead are $2.00. 22 _ What is the annual break-even dollar volume of widgets needed to sell to break-even? 2, G20? __ What is the annual break-even number of widgets needed to sell to break-even? weer aie Beer we Fe: toqse eras Ue ie ATE veswe seer = wéjeadvn ty 12m stesesase Given: The Blue Sail Co, has a choice of two locations to build a plant. The fixed and variable costs forthe ‘wo alternative locations are given below: Ve COSTS [NC AR wy ae [Fixed ‘$10,000 | $20,000 | $30,000 Ss Variable | $10 36 3 3. we Which alternative location isthe lowest total cost at 2,000 units? ‘NOTE: Using the above data, compare only two locations (NC and AR) for problem 4 belov 4,0£y 22 £20 _ Indicate over what range of number of units (x) alternative NC is, (must be exact calculated numbers and not picked off of a grid)? Me 693924 WA +E PMT IE Hosen 4 tow HBG seer Ug 2 oo Given: A service company wants to locate a new department store using 3 alternative locations. They want to use the Factor-Rating Method to determine the new site based on the maximum value and the following data: Factor Weight NC WY ‘On Easy access a 30. 0 80 Parking facilities | 5 50. 60 30 ‘Shopper traffic 2 80 60 70, 5. 04:43 _ Giveme the total score and of the state for the alternative that should be chosen:Given: Environmental Glass Products, Inc., wants to build a new centralized facility to receive household, commercial, and industrial glass for recycling. This center will be supplied by trucks coming from three “collection points,” where recyclable glass is dropped off by individuals and businesses. The company will use the “Center-of-Gravity Method” to decide where the new collection center would be built. The Volume ‘and map coordinates for the three collection centers are shown below: 6. &, 4.6) What is the (y) coordinate of where the collection center should be located? re as So. Se [Collection Potats | Vorume [ORY] Coordimats] | 2 ect D+ Hears BOD — 7% Too [C.7) jew Tenet non B 00 — 135 : c 400° (6,2) Given: The Blue Duck Co. makes three products (X,Y, Z), have fixed costs of $25,000 per quarter and they have the following costs for year 2003: i ae 5 flit * Product | Price | Variable | 2003 Unit | )_ Ue Cost Sales f: a A___|S10_ [37 2000 3 Halal So B [$20 [ $15 4000} 2 foe orce 350] $22 000 2b dale see OK c Tae ax : 477,977.79 What is the break-even amount of annual sales dollars needed for the Blue Duck Co.? 9, 4/3044 _ What would be the total profit of the company for 2003? 2 12822? 6 399977.79 BIB > ayo E377 pee, TERETE, eB PE) «ay 52,07 eg g ert: RIY~ ECHO de frav2)s 22H 279) spoke (oele= (gree 4 16 S508 ¢ Bruno Co. has 3 product lines working for two (8chour) shifts per day per week. There ares days/week. Each product line is designed to produce 200 units of product per hour. Each product line requires | hour per shift fer maintenance and setup. The efficiency ofthe factory i 80. Y7,00 04, 2p What is the anticipated (actual) production of the company per week? ftlodn Qlaee 2 292 0074 Gd. ha me = fe * be < 2712704) coiftetio 2 Zee ee Ke MEH cr tree) 2 129 ~ 0% F383, 699 Unite, Actunt11, Break-even is the number of units at which: total revenue equals price times quantity total revenue equals total cost b. total revenue equals total variable cost . total profit equals total cost ¢. tolal revenue equals total fixed cost 2 12. (Location Strategies Chapter) Tangible costs include which of the following? a. Climatic conditions 4. availability of public transportation 'b. quality and attitude of prospective employees €. zoning regulations .@ depreciation 13. Which of the following costs would be incurred even if no units are produced a. Raw material costs 4. Transportation costs b. Direct labor costs e. Purchasing costs “© Building rental costs 14, The Dulac Box plant produces 500 eypress-packing boxes in two 10-hour shifts. Due to higher demand, they decided to operate three 8-hour shifts instead. They are now able to produce 600 boxes per day. ‘What has happened to production? . an 1. Increased by 50 sets/shift 4. Decreased by 83% © EP ale | BOM b. Increased by 37.5 sets/hr @. Decreased by 9.1% © 7° oye (© Increased by 20% = tie 79 OX 15. Academic computing has five trainers. Each trainer is usually able to handle up to 20 students/week. Because one trainer is new, he can only handle 10 students. The semester is 16 weeks long. What is the expected capacity ofthis system (number of students) fora full semester? tee 4 jeiot %2ee a. 100 6.320 ©.280- @ 1440. 1600 as 16. Charles Valve Co, produces cast bronze valves on an assembly line. If 3200 valves are produced in an 8- hour shift, the produetivity of the line is (valves/hour)? a. 3200 400 ©. 160 4. 80 e4 Targe quantity and large variety of products are produced “7 theoretical maximum output of a production system ‘the output that a firm expects to achieve given mix, maintenance, ete actual output asa percent ofthe effective capacity the anticipated or actual output of the system large quantity and small variety of products are produced ‘manufacturing competitive strategy HO small quantity & large variety of products are produced long runs, usually a standardized product w/options are produced TT “process focus 7 18, _F product focus 3 i repetitive focus ? 20. _G mass customization 21. _é effective eapacity 22.* A design capacity 23." _— efficiency OXF VOR is less than available capaci 24, List two things that a company would do to manage capacity if the deman Lese Chicas Lese emplorers 25. List two things that a company would do to manage demand ifthe demand exceeds available capacity: “Ince Prove “nesece dt liven dine Doce tase, Belettvrs Bonus: Manufactured part unit cost = Material + Labor + Overhead. Define what i meant by Overhead costs bea ea Fis pewetcee! (Me wrt a)