Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. kilmer company has demand for its only product tha

Kilmer Company has demand for its only product that exceeds its manufacturing capacity. The company...

70.2K

Verified Solution

Question

Accounting

image
Kilmer Company has demand for its only product that 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 16,310 minutes Machine time available per week 23,360 minutes Actual run rate this week 7.00 units per minute Ideal run rate 10 units per minute Defect-free output this week 91,336 units Total output this week (including defects) 114, 170 units Required: 1. & 2. With respect to the company's overall equipment effectiveness, calculate the following: (Do not round intermediate calculations. Round final answers to 2 decimal places and "Units" answers to the nearest whole number.) 1-a. Utilization rate 1.b Efficiency rate 1-c. Quality rate 1-d. Overall equipment effectiveness 2-a. Utilization loss in units 2-b. Efficiency loss in units 2-c. Quality loss in units

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