A company makes seven types of products - t, u, v, w, x, y and z. In order to make each of these products, different set of processes are required. The details of the costs and the time taken for each process are given in the table below.Making one unit of tinvolves going through the processes A, C, I, F, B, H and G, in that order. Similarly, product u involves H, I, F, C, A and B processes, product vinvolves C, H, A, G, F and B processes, product winvolves B, F, I, G, C and H processes, product xinvolves H, B, I, G, C and A processes, product yinvolves F, D, E, G, A and C processes, and product z involves I, F, B, E, H and G processes.Q.andquot;CT ratioandquot; of a product is calculated by dividing the total cost incurred on all the process involved by the total time taken in the process. Which product has the highest CT ratio?a)zb)xc)td)None of theseCorrect answer is option 'A'. Can you explain this answer?

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A company makes seven types of products - 't', 'u', 'v', 'w' , 'x', 'y' and 'z'. In order to make each of these products, different set of processes are required. The details of the costs and the time taken for each process are given in the table below.
Making one unit of 't' involves going through the processes A, C, I, F, B, H and G, in that order. Similarly, product 'u' involves H, I, F, C, A and B processes, product 'v' involves C, H, A, G, F and B processes, product 'w' involves B, F, I, G, C and H processes, product 'x' involves H, B, I, G, C and A processes, product 'y' involves F, D, E, G, A and C processes, and product 'z' involves I, F, B, E, H and G processes.

Q."CT ratio" of a product is calculated by dividing the total cost incurred on all the process involved by the total time taken in the process. Which product has the highest CT ratio?

a)
z
b)
x
c)
t
d)
None of these

Correct answer is option 'A'. Can you explain this answer?

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A company makes seven types of products - t, u, v, w, x, y and z. In o...

The time taken for different processes involved to make one unit of different products can be calculated as follows.
For product't:

Time = A + C + I + F + B + H + G = 14 + 21 + 14 + 4 + 7 + 4 + 7 = 71 minutes

Cost = Rs. 925 [We know it from the previous question]

CT ratio = 925/71 * 13

Similarly,

For product 'u'

Time = 64 minutes and Cost = Rs. 875 CT ratio = 875/64 = 13.7

For product 'v':

Time = 57 minutes and Cost = Rs. 625 CT ratio = 625/57 * 11

For product 'w' :

Time = 57 minutes and Cost = Rs. 775 CT ratio = 775/57 « 13.6

For product 'x':

Time = 67 minutes and Cost = Rs. 775 CT ratio = 775/67 *11.6

For product 'y' :

Time = 57 minutes and Cost = Rs. 625 CT ratio = 625/57 = 11

For product 'z':

Time = 40 minutes and Cost = Rs. 600 CT ratio = 600/40 = 15

z has the highest CT ratio.
Hence, option 1.

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A company makes seven types of products - t, u, v, w, x, y and z. In order to make each of these products, different set of processes are required. The details of the costs and the time taken for each process are given in the table below.Making one unit of tinvolves going through the processes A, C, I, F, B, H and G, in that order. Similarly, product u involves H, I, F, C, A and B processes, product vinvolves C, H, A, G, F and B processes, product winvolves B, F, I, G, C and H processes, product xinvolves H, B, I, G, C and A processes, product yinvolves F, D, E, G, A and C processes, and product z involves I, F, B, E, H and G processes.Q."CT ratio" of a product is calculated by dividing the total cost incurred on all the process involved by the total time taken in the process. Which product has the highest CT ratio?a)zb)xc)td)None of theseCorrect answer is option 'A'. Can you explain this answer? for CAT 2024 is part of CAT preparation. The Question and answers have been prepared according to the CAT exam syllabus. Information about A company makes seven types of products - t, u, v, w, x, y and z. In order to make each of these products, different set of processes are required. The details of the costs and the time taken for each process are given in the table below.Making one unit of tinvolves going through the processes A, C, I, F, B, H and G, in that order. Similarly, product u involves H, I, F, C, A and B processes, product vinvolves C, H, A, G, F and B processes, product winvolves B, F, I, G, C and H processes, product xinvolves H, B, I, G, C and A processes, product yinvolves F, D, E, G, A and C processes, and product z involves I, F, B, E, H and G processes.Q."CT ratio" of a product is calculated by dividing the total cost incurred on all the process involved by the total time taken in the process. Which product has the highest CT ratio?a)zb)xc)td)None of theseCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for CAT 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A company makes seven types of products - t, u, v, w, x, y and z. In order to make each of these products, different set of processes are required. The details of the costs and the time taken for each process are given in the table below.Making one unit of tinvolves going through the processes A, C, I, F, B, H and G, in that order. Similarly, product u involves H, I, F, C, A and B processes, product vinvolves C, H, A, G, F and B processes, product winvolves B, F, I, G, C and H processes, product xinvolves H, B, I, G, C and A processes, product yinvolves F, D, E, G, A and C processes, and product z involves I, F, B, E, H and G processes.Q."CT ratio" of a product is calculated by dividing the total cost incurred on all the process involved by the total time taken in the process. Which product has the highest CT ratio?a)zb)xc)td)None of theseCorrect answer is option 'A'. Can you explain this answer?.

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