A machine has a setup time of 150 minutes and run time of 0.0075 minutes per piece. Order sizes are typically 10,000 pieces. After a batch is processed, the process has to be stopped and the machine has to be setup before the next batch can be processed. Assume that a day consists of two shifts and each shift is 450 minutes long.

Find the capacity in pieces per day for this machine under the following assumptions:

a. A batch can consist of only one order; it cannot have other orders in it. (8 pts)

b. Three orders are combined to form a batch. (8 pts)

c. All orders can be combined into one batch. (8 pts)

d. What is the percent change in capacity as you go from a to b to c? (6 pts)

For each of the following cases determine the ending balance in the inventory account. (hint: first, determine the total cost of inventory available for sale. next, subtract the cost of the inventory sold to arrive at the ending balance.)a. jill’s dress shop had a beginning balance in its inventory account of $40,000. during the accounting period jill’s purchased $75,000 of inventory, returned $5,000 of inventory, and obtained $750 of purchases discounts. jill’s incurred $1,000 of transportation-in cost and $600 of transportation-out cost. salaries of sales personnel amounted to $31,000. administrative expenses amounted to $35,600. cost of goods sold amounted to $82,300.b. ken’s bait shop had a beginning balance in its inventory account of $8,000. during the accounting period ken’s purchased $36,900 of inventory, obtained $1,200 of purchases allowances, and received $360 of purchases discounts. sales discounts amounted to $640. ken’s incurred $900 of transportation-in cost and $260 of transportation-out cost. selling and administrative cost amounted to $12,300. cost of goods sold amounted to $33,900.a& b. cost of goods avaliable for sale? ending inventory?

When the price is the equilibrium price, we would expect there to be a causing the market to put pressure on the price until it went back to the equilibrium price. a. above; surplus; upward b. above; shortage; downward c. below; surplus; upward d. below; shortage; downward e. above; surplus; downward?

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