A Foundry Produces Circular Utility Access Hatches (Manhole Covers)

question 124

Multiple Choice

A foundry produces circular utility access hatches (manhole covers) .If 120 covers are produced in a 10-hour shift,the productivity of the line is:

• A)1.2 covers/hr.
• B)2 covers/hr.
• C)12 covers/hr.
• D)1200 covers/hr.
• E)120 covers/hr.

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Definitions:

Shipping Container Refurbishment

Refers to the process of repairing, restoring, or modifying used shipping containers to extend their lifespan, repurpose them for other uses, or improve their condition for specific requirements.

Planning Budget

A budget that outlines the expected revenues, expenditures, and resources over a specific period, serving as a financial roadmap for the organization.

Variable Cost

Costs that change in proportion to the level of activity or production volume of a company.

Materials Quantity Variance

The difference between the actual quantity of materials used in production and the expected quantity, multiplied by the standard cost per unit.