An eight-station rotary-indexing machine performs machining operations at seven workstations, and the eighth station is used for unloading and loading parts. The longest process time is 1.55 min and the loading/unloading time is less than this. It takes 9.0 sec to index the machine between workstations. Stations break down with a frequency of 0.005, which is considered equal for all eight stations. When breakdowns occur, it takes an average of 7.0 min to diagnose the problem and make repairs. The starting work part costs $3.50 per unit. Operating cost of the indexing machine is $96/hr, and tooling cost is $0.38 per piece. Determine (a) line efficiency, (b) average hourly production rate, and (c) completed part cost.

In three to four sentences, explain the effect of a price ceiling on the quantity of a good and who this intervention intends to assist

Need with my trade theory homework. i doubt what i wrote was right.consider a monopolistically competitive market for soft drinks in which n symmetric firms face the following demand function: q=s(1/n-b(p-(p with the straight line on which implies the marginal revenue functionmr=p-(q/sb)finally, suppose firms face the total cost functiontc=900,000+100qsuppose the market size, s, is 27,000,000, and the elasticity parameter b is 0.003.diagram the price and the average total cost in the market as a function of the number of firms. what are the equations for each curve, and why does each curve slope up or down? label the equilibrium number of firms and the equilibrium price in the diagram. why is this the equilibrium?

Later movers do not face: entrenched competitors. reduced uncertainty over technologies. high growth markets. lower market uncertainty.