What did you think of the PCR exam
Comments
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cookymonstar wrote: »i think i suggested that labour efficiency had improved - so more produced for less hrs - so less cost? maybe or am i mental!!!
Thats what I put... and put as the problem quality...! I think its wrong (like the rest of my answers now though!!!)
xx0 -
YesThe reason I had 130,000 was because the company you are sub-contracting to only accepts multiples of 10,000
elnino2201 wrote: »Did anyone have £96,005 as the additional cost of subcontracting - 130,000 x £1.40 = £182,000
Less Overtime Saved - 6,500 x £13.23 =(£85,995)
Additonal Cost £96,005
Yes , well, I did the same, can't remember the figures
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Please somebody tell me I read this right, I understood that they could only test so many, and for some reason I ended up with 125,000 not possible to test, so rounded up in 10,000 multiple to be 130,000??? I can't remember the question now!The reason I had 130,000 was because the company you are sub-contracting to only accepts multiples of 10,0000 -
i had the £ 182000 but didnt deduct for overtime
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Please somebody tell me I read this right, I understood that they could only test so many, and for some reason I ended up with 125,000 not possible to test, so rounded up in 10,000 multiple to be 130,000??? I can't remember the question now!
you are totally right - i remember this part well - 125000 had to be 1300000 -
Those figures are ringing a bell for meelnino2201 wrote: »i said PEST and as soon as left i was like grrrr linear regression! Did anyone have £96,005 as the additional cost of subcontracting - 130,000 x £1.40 = £182,000
Less Overtime Saved - 6,500 x £13.23 =(£85,995)
Additonal Cost £96,0050 -
cookymonstar wrote: »you are totally right - i remember this part well - 125000 had to be 130000
+1 :d0 -
i said 6250 hours because youre not saving time for 130000 units just 125000 units, its just you have to pay for 130000 units, or so i thought0
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elnino2201 wrote: »i said PEST and as soon as left i was like grrrr linear regression! Did anyone have £96,005 as the additional cost of subcontracting - 130,000 x £1.40 = £182,000
Less Overtime Saved - 6,500 x £13.23 =(£85,995)
Additonal Cost £96,005
I also calculated that there would be money saved in the variable overheads as 6,500 less hours were being worked??0 -
I did remember to reduce the Labour variable overhead on the saved overtime labour hours as well as the standard cost of the overtime hours - That was a tricksy bit that I think will have tripped some folk up0
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Good good,sounds like a good few have the smae figures, so thats good, i messed up in the mail, i said employ extra staff, but the limitation was the machine hours! Doh!!0
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Good you put PEST too, I only got that in to the answer (I knew the concepts but not term) as people were talking about the theory prior to going in the exam, and I hadn't bothered with theory - logical thinking not a strong point considering! Hehe!Those figures are ringing a bell for me0 -
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When working out how much more subcontracting would be, did people include variable overhead that would be saved by the labour hours not worked as well as the actual overtime cost? I did, but I'm not sure if I was right to.
Also, did anyone suggest 'shift working' as a possible way to meet the capacity problem of the quality control testing? I got the impression that the problem was not having enough testing machines, so working shifts day and night would help this?
Tony0 -
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When working out how much more subcontracting would be, did people include variable overhead that would be saved by the labour hours not worked as well as the actual overtime cost? I did, but I'm not sure if I was right to.
Tony
That's a very good point, I didn't, but surely time would be saved there!!0 -
can someone explain the 6500 hours to me please, as 125000 no longer need to be produced these take 3 minutes each which takes 6250 hours? if you deduct 6500 surely it does not leave enough time make the required units.
I can see that 130000 would take 6500 hours but you are not subcontracting 130000 units just 125000 units?0 -
Oooh, that is a good thought. I didn't think of that!!! Shift wages wouldbe a hassle to calculate, but reduces need for extra machines or subcontracting! Bet you get a onus point!When working out how much more subcontracting would be, did people include variable overhead that would be saved by the labour hours not worked as well as the actual overtime cost? I did, but I'm not sure if I was right to.
Also, did anyone suggest 'shift working' as a possible way to meet the capacity problem of the quality control testing? I got the impression that the problem was not having enough testing machines, so working shifts day and night would help this?
Tony0 -
I suggested revising the quality control measures so that not all instruments were tested, but were tested based on sampling.
No initial cost to production, but could cause additional quality associated costs further down the line etc. etc.
I figured because they kept harping on about quality I should put something about that rather than suggesting they bought another machine or something0 -
I don't know why we read this, it makes us feel more worried than we were earlier :laugh:
Best of luck everyone 0 -
can someone explain the 6500 hours to me please, as 125000 no longer need to be produced these take 3 minutes each which takes 6250 hours? if you deduct 6500 surely it does not leave enough time make the required units.
I can see that 130000 would take 6500 hours but you are not subcontracting 130000 units just 125000 units?
Since you need to make the order in multiple of 10000s you wont stop short of that, and will outsource the further 5000 you are paying for anyway, saving overtime hours.0 -
the 6500h is the cost of 130,000 testing minutes (@3mins/unit) and the 130,000 is the rounded up 125,000 to closest 10,000 multiple (as to do less you would have 120,000 but be left with 5,000 you still didn't have machine time to test)can someone explain the 6500 hours to me please, as 125000 no longer need to be produced these take 3 minutes each which takes 6250 hours? if you deduct 6500 surely it does not leave enough time make the required units.
I can see that 130000 would take 6500 hours but you are not subcontracting 130000 units just 125000 units?0 -
the company that we were subcontracting to would only take untis of 10,000 so i rounded up 125,000 to 130,0000
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Oxongirl78 -
I said sampling too - I still think this was one of many possible right answers.0 -
In section 1 - Did you base the material required calculation on the production units figure calculated before or after the reject stock? - i.e. All of production stock produced or sales forecast plus/minus op/clos stock?0
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i thought the question was how much extra was the subcontracting? so i did 1.4 x 130000 for the subcontract and then deducting the original cost before we knew of the limit and the original cost had nothing to do with 130000 units?0
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