60.1K

Verified Solution

Link Copied!

Middleton Corvyony produces two different metal components used in medical equipenent (Conwonent X and Component Y ). The company has three procestes: molding. grinding and finishing. In molding, molds are created, and molten metal is povcel into the shell. Grindeng reinoves the gates that allowed the molten metat to flow into the mold's cavities, In finishing, rough edges caused by the gronders are removed by small, handheld proumatic tools. In molding, the sehiy tame is one hour then other two paocnsses have no setup time required. The demand for fomponent X is 600 units per doy, and the denand for Component Y is 1,150 units per day, The minutes requed per init for each product are as tollows: The company operates one eight-hour shif. The molding process employs 26 workers (who each work eight hours). Two hours of thar tame, however, arm used for setups (assuming both prodicts are produced). The grinding process thas sufficient equipenent and workers to provide 408 grinding hours per shift. The fimeshing Degartment is taboe intenarve and employs 71 workers, who each work eight hours per day. The only significant unit-level variable costs are materials and power for componem X, the variabile cost per una is 539 , and for Component Y, it is 555. Selling phices for X and Y are 569 and 1100 , respectivily. Mutdleten' policy is to use two setups per day: an inital setup to produce ail that is scheduled for Component X and a second setup (changeover) to produce all that is schecfuled for Coenponent Y. The anesiot scheduled does not necessarily correspond to each product's dasly demand. Required! 1. Calculate the time (in minutes) needed each day to meet the daily market demand for Component X and Component Y. What is the major internal constraint facing Middleton Company? X 2. Identify the product mix that will maximize daily throughput

Answer & Explanation Solved by verified expert

See Answer