Calculate the average time to produce a widge and the, Ask an Expert

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A company produces widgets in 3 different colors, red, green & white. The standard tine to produce each is 0.4shrs, 0.2shrs & 0.1shrs respectively. According to the marketing forecast the company expects the product mix to be 50% red, 30% green & 20% white. if the annual demand is for 120 000 widgets, calculate the average time to produce a widge, and the expected load in standard hours each month. What will be the required capacity for 90% utilization factor? Graph the results.

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Management Theories, Management Studies

Category:- Management Theories
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