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A worker is currently responsible for tending two machines in a certain production cell. The service time per machine is 0.35 min and the time to walk between machines is 0.15 min. The machine automatic cycle time is 1.90 min. If the worker’s hourly rate is $12/hr and the hourly rate for each machine is $18/hr, determine,(a) the current hourly rate for the cell, and (b) the current cost per unit of product, given that two units are produced by each machine during each machine cycle.(c) What is the percentage of idle time of the worker? (d) What is the optimum number of machines that should be used in the cell, if minimum cost per unit of product is the decision criterion?

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A Worker Is Currently Responsible For Tending Two Machines In A Certain Production Cell. The Service Time Per Machine Is 0.35 Min And The Time To Walk Between Machines Is 0.15 Min. The Machine Automatic Cycle Time Is 1.90 Min. If The Worker’s Hourly Rate Is $12/Hr And The Hourly Rate For Each Machine Is …

A worker is currently responsible for tending two machines in a certain production cell. The service time per machine is 0.35 min and the time to walk between machines is 0.15 min. The machine automatic cycle time is 1.90 min. If the worker’s hourly rate is $12/hr and the hourly rate for each machine is $18/hr, determine,(a) the current hourly rate for the cell, and (b) the current cost per unit of product, given that two units are produced by each machine during each machine cycle.(c) What is the percentage of idle time of the worker? (d) What is the optimum number of machines that should be used in the cell, if minimum cost per unit of product is the decision criterion? Read More »

7. Jie purchased a computer priced at $1423.42, financing it by paying $68.62 on the date of purchase, and signing a contract to pay equal monthly payments over the next eighteen months. If the terms of the contract state that interest is calculated at 9.2% compounded monthly, how much does Jie have to pay at the end of each month? Jie must make payments of $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)

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