a) Does Knott’s have sufficient capacity to meet annual demand? -Knott’s (does/d
ID: 358197 • Letter: A
Question
a) Does Knott’s have sufficient capacity to meet annual demand?
-Knott’s (does/does not) have sufficient capacity to meet annual demand because ______ machines are needed.
b) If Knott’s was able to reduce the setup time for the Super Premium Model from 45 minutes to 30 minutes, would there be enough current capacity to produce 20,000 units of each type of swing set?
-If Knott’s was able to reduce the setup time for the Super Premium Model from 45 minutes to 30 minutes, there (would/would not) be enough capacity to produce 20,000 units of each type of swing set because _____ machines are needed. (Enter your response rounded up to the next whole number)
Please show all work step-by-step. Homework: Homework Score: 0 of 100 pts Problem 10 4.1Practice Sav 1 of 1 (0 complete) HW Score: 0%, 0 of 100 E Question Help Knott's Industries manufactures standard and super premium backyard swing sets. Currently it has four identical swing-set-making machines, which are operated 325 days per year and 8 hours each day. A capacity cushion of 20 percent is desired. The following information is also known 0 Standard Model Super Premium Model Annual Demand Standard Processing Time Average Lot Size Standard Setup Time per Lot 20.000 5 min 45 30 min 17 min 35 45 min a. Does Knott's have sufficient capacity to meet annual demand? ent capacity to meet annual demand because machines are needed Enter your res unde up to the next whole have s ser Knott's number) Enter your answer in the answer box and then click Check Answer Check Answe
Explanation / Answer
a) Workload of Standard model = Demand * Standard processing time + (Demand /Average lot size)*Standard setup time
= 20000*5+(20000/45)*30
= 113333 minutes
Workload of Super premium model = Demand * Standard processing time + (Demand /Average lot size)*Standard setup time
= 10000*17+(10000/35)*45
= 182857 minutes
Total capacity needed = Standard model + Super premium model = 113333+182857 = 296190 minutes
Gross available capacity = 4 Machines * 325 days per year * 8 hours per day * 60 minutes per hour = 624000 minutes
Spare capacity (capacity cushion) = 624000*20% = 124800 minutes
Net available capacity = 624000-124800 = 499200 minutes
Net available capacity (499200 minutes) is significantly higher than capacity required (296190 minutes)
Therefore,
-Knott’s (does) have sufficient capacity to meet annual demand because __296190__ machines are needed.
b) Total capacity needed to produce 20000 units of each type of swing set = 20000*5+(20000/45)*30+20000*17+(20000/35)*30 = 470476 minutes
If Knott’s was able to reduce the setup time for the Super Premium Model from 45 minutes to 30 minutes, there (would) be enough capacity to produce 20,000 units of each type of swing set because __4___ machines are needed. (Enter your response rounded up to the next whole number)
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