Flint fabricators inc. machines metal parts for the automotive industry. under the traditional manufacturing approach, the parts are machined through two processes: milling and finishing. parts are produced in batch sizes of 30 parts. a part requires 5 minutes in milling and 7 minutes in finishing. the move time between the two operations for a complete batch is 5 minutes.

under the lean philosophy, the part is produced in a cell that includes both the milling and finishing operations. the operating time is unchanged; however, the batch size is reduced to 4 parts and the move time is eliminated.

determine the value-added, non-value-added, and total lead times, and the value-added ratio under the traditional and lean manufacturing methods. if required, round percentages to one decimal place.

traditional philosophy lean manufacturing philosophy
value-added time 12min 12min
non-value-added time min min
total lead time 365min 48min
value-added ratio (as a percent) % %

rural residential development company and suburban real estate corporation form a joint stock company. the longest duration a joint stock company can be formed for is

Describe three scenarios in which you might utilize mathematics to investigate a crime scene, accident scene, or to make decisions involving police practice. be sure to explain how math is used in police as they work through each scenario.

Cardinal company is considering a project that would require a $2,725,000 investment in equipment with a useful life of five years. at the end of five years, the project would terminate and the equipment would be sold for its salvage value of $400,000. the company’s discount rate is 14%. the project would provide net operating income each year as follows: sales $2,867,000 variable expenses 1,125,000 contribution margin 1,742,000 fixed expenses: advertising, salaries, and other fixed out-of-pocket costs $706,000 depreciation 465,000 total fixed expenses 1,171,000 net operating income $571,000 1. which item(s) in the income statement shown above will not affect cash flows? (you may select more than one answer. single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. any boxes left with a question mark will be automatically graded as incorrect.) (a)sales (b)variable expenses (c) advertising, salaries, and other fixed out-of-pocket costs expenses (d) depreciation expense 2. what are the project’s annual net cash inflows? 3.what is the present value of the project’s annual net cash inflows? (use the appropriate table to determine the discount factor(s) and final answer to the nearest dollar amount.) 4.what is the present value of the equipment’s salvage value at the end of five years? (use the appropriate table to determine the discount factor(s) and final answer to the nearest dollar amount.) 5.what is the project’s net present value? (use the appropriate table to determine the discount factor(s) and final answer to the nearest dollar amount.)