Sound tek inc. manufactures electronic stereo equipment. the manufacturing process includes printed circuit (pc) board assembly, final assembly, testing, and shipping. in the pc board assembly operation, a number of individuals are responsible for assembling electronic components into printed circuit boards. each operator is responsible for soldering components according to a given set of instructions. operators work on batches of 50 printed circuit boards. each board requires 4 minutes of board assembly time. after each batch is completed, the operator moves the assembled boards to the final assembly area. this move takes 9 minutes to complete. the final assembly for each stereo unit requires 18 minutes and is also done in batches of 50 units. a batch of 50 stereos is moved into the test building, which is across the street. the move takes 20 minutes. before conducting the test, the test equipment must be set up for the particular stereo model. the test setup requires 30 minutes. the units wait while the setup is performed. in the final test, the 50-unit batch is tested one at a time. each test requires 11 minutes. the completed batch, after all testing, is sent to shipping for packaging and final shipment to customers. a complete batch of 50 units is sent from testing to shipping. the shipping departme 42 min value-added minutes non-value-added minutes 30 x min wait time minutes move time minutes min total non-value-added time min total lead time min value-added ratio (as a percent) 2. move time in this process could best be reduced by: a. doing nothing. b. changing the layout from a process orientation to a product orientation. c. increasing batch sizes. d. eliminating the testing step. e. hiring more workers.

Margaret company reported the following information for the current year: net sales $3,000,000 purchases $1,957,000 beginning inventory $245,000 ending inventory $115,000 cost of goods sold 65% of sales industry averages available are: inventory turnover 5.29 gross profit percentage 28% how do the inventory turnover and gross profit percentage for margaret company compare to the industry averages for the same ratios? (round inventory turnover to two decimal places. round gross profit percentage to the nearest percent.)

In canada, the reference base period for the cpi is 2002. by 2012, prices had risen by 21.6 percent since the base period. the inflation rate in canada in 2013 was 1.1 percent. calculate the cpi in canada in 2013. hint: use the information that “prices had risen by 21.6 percent since the base period” to find the cpi in 2012. use the inflation rate formula (inflation is the growth rate of the cpi) to find cpi in 2013, knowing the cpi in 2012 and the inflation rate. the cpi in canada in 2013 is round up your answer to the first decimal. 122.9 130.7 119.6 110.5

Table 1. shows the expected demand for the dvd at different suggested donation levels, and they can act as a single-price monopolist if they choose to. thereceipts will be used to fund gstcg supplies for their data collection and conservation work. at the end of each sea turtle nesting season, any excess funds are donated by the gstcg to a local non-profit sea turtle research and rehabilitation facility. table 1 suggested anticipated total marginal profit donation per number of dvd revenue revenue dvd request requests $19.00 0 $15.00 2 $9.50 4 $7.75 10 $3.00 15 $0.00 20 a. complete table 1 by computing the total revenue, marginal revenue, and profit columns. b. the president wants the gstcg to provide videos to generate the most possible donations (total revenue). what price, if any, is the president of the gstcg favoring and how many people will receive the dvd if this becomes the price of the suggested donation? explain your answer. c. the education outreach committee wants the gstcg to provide videos to the highest possible number of people. what price, if any, is the educational outreach committee favoring and how many people will receive the dvd if this becomes the price of the suggested donation? explain your answer. d. the treasurer of the gstcg wants the dvd program to be as efficient as possible so that the marginal revenue equals marginal cost. what price, if any, is the treasurer favoring and how many people will receive the dvd if this becomes the price of the suggested donation? explain your answer. e. the fundraising committee wants the dvd program to generate as much profit in donations as possible. what price, if any, is the fundraising committee favoring and how many people will receive the dvd if this becomes the price of the suggested donation? explain your answer.