Problem 1: A company is manufacturing 24,040 components per month (30 days) by employing 102 workers in a 7.1 hour shift. The company gets additional orders from government to supply an additional 6,317 components. Management needs to determine the additional workers need to meet government's demand. What will the productivity level be if management decides to add an additional 22 workers in terms of components per labor-hour? (Enter answer to two decimal places)
Problem 2: A company requires on average 19,832 parts be produced each month (4 weeks, 5 days per week). The company operates with 48 workers. Manufacturing runs 1 shift with each shift comprised of 7 hours and 5 days per week.
How many parts per minute need to be produced? (Enter to two decimal places)?
Problem 3: A production company incurs fixed costs of $1,108,115 per year. The variable cost of production is $9 per unit. All units produced are sold for $31. A maximum of 130,000 units can be manufactured each year. The break-even production quantity for the company is?