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  • Quantitative Method

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    Yoseph Woo
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    46 vistas5 páginas

    Quantitative Method

    Cargado por

    Yoseph Woo
    U

    Copyright:

    © All Rights Reserved
    Descargue como PDF o lea en línea desde Scribd
    Marcar por contenido inapropiado
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    (VISAYAS) Bacolod City (034) 4346214 * Cebu {MINDANAO) Cagayan De Oro City (0895) 0570499 * Davao City (082) 2250049 CPA REVIEW MANAGEMENT ADVISORY SERVICES MAS.2315-Quantitative Method s Problem 4. A particular manufacturing job is subjected to an estimated 75% learning curve. The first batch required 200 labor hours to complete. REQUIRED: ‘What is the cumulative average time per batch after elght batches are compieted? 2. What is the total time required to produce 2 batches? 3. How many hours are required to produce the second batch? 4, How many hours are required to produce the third and fourth batch? Problem 2. Toss Company recently completed and sold an order of 80 units that had the following costs: Direct materials P 2,500 Direct labor (1,000 hours @ P9.00) 9,000 Variable overhead (1,000 hours @ P5.00)* 5,000 Fixed overhead** 475 Total pigg7s Applied on the basis of direct labor hours **Applied at the rate of 15 percent of variable cost The company has now been requested to prepare a bid for 150 units of the same product. If an 80 percent learning curve is applicable, how much total cost would Toss include on this order? Problem 2. The Tamarao Company, which is trying to decide whether to introduce as a new product a wrist “radio-watch" designed for shortwave reception of exact time as broadcast by the National telecommunications. The radio-watch would be priced at P600, which is exactly twice the variable cost per unit to manufacture and sell it, The incremental fixed costs necessitated by introducing this new product would amount _ to. 2,400,000 per year. Subjective estimates of the probable demand for the product are shown in the following probability distribution: ‘Annual demand 6,000 units 8,000 units 10,000 units 12,000 units. 14,000 units. 16,000 units Probability = a cn, 1. What is the expected value of demand for the new product? 2. What Is the probability that the introduction of this new preduct wil not increase company's potty, Bae tans? Problem 3, Toledo is considering launching 2 new product which it believes has an 80% probability: of success. The company, however, is considering undertaking an advertising campaign at a cost of 40,000 which would increase the probability of success to 90%. If successful the product would generate income of 840,000 otherwise P294,000 would be received. What will be the expected loss or gain from obtaining the additional information? web,

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