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XYZ Company is a multinational company which exports ladies dresses to European countries. For the month of January, the

Posted: Sun Jun 05, 2022 5:04 pm
by answerhappygod
XYZ Company is a multinational company which exports ladies
dresses to European countries. For the month of January, the total
ordered quantity amounts to 14,400 pieces and lead time of
5 days is given to the company to finish the goods. Based
on the time study conducted by the Senior Industrial Engineer, the
standard time for this particular style of ladies’ dress is 5.0
minutes/piece. Based on previous records, the Efficiency of
the plant is 90% on the average. Being an Industrial
Engineer of the same plant, you were given the task to provide your
superior of the following information given the additional data
below:
Salary per person =
400.00/day
Miscellaneous Cost = 5,000.00
Working time = 7.5 hours/day
Material Cost = 10,000.00
Required: