Answer the Following Questions Using the Information Below

question 25

Multiple Choice

Answer the following questions using the information below:
Speedy Dress Manufacturing has two workstations, cutting and finishing. The cutting station is limited by the speed of operating the cutting machine. Finishing is limited by the speed of the workers. Finishing normally waits for work from cutting. Each department works an eight-hour day. If cutting begins work two hours earlier than finishing each day, the two departments generally finish their work at about the same time. Not only does this eliminate the bottleneck, but also it increases finished units produced each day by 160 units. All units produced can be sold even though the change increases inventory stock by 20% from 400 units. The cost of operating the cutting department two more hours each day is $1,600. The contribution margin of the finished products is $6 each. Inventory carrying costs are $0.40 per unit per day.
-What is the total production per day if the change is made?

• A) 6400 units
• B) 800 units
• C) 880 units
• D) 1600 units

Convert declarative English sentences into standard form categorical propositions.

Distinguish between the different types of categorical propositions (A, E, I, O).

Determine the quality (affirmative or negative) of categorical propositions.

Determine the quantity (universal or particular) of categorical propositions.

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Definitions:

Economies Of Scale

Financial benefits that firms receive from their size of operations, where the cost for every produced unit tends to drop as the operational scale expands.

Low-cost Inputs

Inputs are materials or resources used in the production process, and low-cost inputs refer to acquiring these materials or resources at the lowest possible cost to maximize profitability.

Differentiation Strategy

A business approach focusing on developing and marketing unique products or services to stand out from competitors and attract a specific segment of the market.

Creative Ideas

Novel and innovative thoughts or concepts, especially ones that can be implemented to solve a problem or improve a situation.