Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. jefferson companys demand for its only product exc

Jefferson Companys demand for its only product exceeds its manufacturing capacity. The company provided the...

90.2K

Verified Solution

Question

Accounting

Jefferson Companys demand for its only product exceeds its manufacturing capacity. The company provided the following information for the machine whose limited capacity is prohibiting the company from producing and selling additional units.

Actual run time this week 7,020 minutes
Machine time available per week 9,000 minutes
Actual run rate this week 9.35 units per minute
Ideal run rate 11.00 units per minute
Defect-free output this week 18,000 units
Total output this week (including defects) 20,000 units

Required: 1. Compute the utilization rate. (Round your answer to 2 decimal places.) 2. Compute the efficiency rate. (Round your answer to 2 decimal places.) 3. Compute the quality rate. (Round your answer to 2 decimal places.) 4. Compute the overall equipment effectiveness (OEE). (Do not round intermediate calculations. Round your final answer to 3 decimal places.)

utilization rate
efficiency rate
quality rate
overall equipment effectivenes

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Data are collected on the relationship between the number of hours per week practicing a musical...

Basic Math
Q

Solve 3xy'' + y' - y = 0 by the Method of Frobenius.

Advance Math
Q

debate the use of mental institutions or prisons/jails as confinement facilities for those who have mental...

Psychology
Q

Segment BC is tangent to circle A at B If BC 49 and DC 26...

Geometry
Q

52. JJs Tax Planning Service has the following plant assets: Communications equipment: Cost, $7,120 with...

Accounting
Q

21. LO.2 Sam and Abby are dependents of their parents, and each has income of...

Accounting
Q

[The following information applies to the questions displayed below] Raner, Harris and Chan is a...

Accounting
Q

The information presented here represents selected data from the December 31,2022 , balance sheets and...

Accounting
Q

Answer is C, please explain. Exhibit 14-11 Omega, Inc. issued $100,000 of its 7% five-year...

Accounting
Q

Required: a. Record the above transactions in a horizontal statements model. Note:...

Accounting
Q

2. value: 1.00 points Inside Incorporated was issued a charter on January 15 authorizing the...

Accounting
Q

The real risk-free rate (r) is 2.8% and is expected to remain constant. Inflation is...

Finance