Prescott Manufacturing evaluates the performance of its production managers based on a variety of factors, including...

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Prescott Manufacturing evaluates the performance of its production managers based on a variety of factors, including cost, quality, and cycle time. The following are nonfinancial measures for quality and time for 2019 and 2020 for its only product: (Click the icon to view the nonfinancial measures and annual totals.) The following information relates to the average amount of time needed to complete an order: (Click the icon to view the time to complete an order.) Read the requirements. Requirement 1. Compute the manufacturing cycle efficiency for an order for 2019 and 2020. (Round the answer to two decimal places.) The manufacturing cycle efficiency for an order for 2019 is The manufacturing cycle efficiency for an order for 2020 is Requirement 2. For each year 2019 and 2020, calculate the a. percentage of goods returned, b. defective units reworked as a percentage of units shipped, c. percentage of on-time deliveries, and d. percentage of hours spent by each employee on quality training. (Round the percentages to two decimal places.) Start by calculating the percentage of good returned for 2019 and 2020. Non-financial quality measure 2019 2020 a. Percentage of goods returned b. Defective units reworked as a percentage of units shipped c. Percentage of on-time deliveries % % % % % % d. Percentage of hours spent by each employee on quality training % % Requirement 3. Evaluate management's performance on quality and timeliness in 2019 and 2020. Prescott has become in efficient in its value-added manufacturing time as a percentage of manufacturing cycle time. The company for the company as well as customer satisfaction. improved the company's lead time. This efficiency will result Management has had a(n) in the total number of defective units reworked, which is a over the prior year. Also, the company spent amount of time per employee on quality training, leading to Data table Nonfinancial Quality Measures Number of returned goods Number of defective units reworked Annual hours spent on quality training per employee Number of units delivered on time Annual Totals Units of finished goods shipped Average total hours worked per employee 2019 2020 800 865 2,300 2,240 38 48 22,120 28,360 2019 2020 28,480 30,650 1,700 1,700 Prescott Manufacturing evaluates the performance of its production managers based on a variety of factors, including cost, quality, and cycle time. The following are nonfinancial measures for quality and time for 2019 and 2020 for its only product: (Click the icon to view the nonfinancial measures and annual totals.) The following information relates to the average amount of time needed to complete an order: (Click the icon to view the time to complete an order.) Read the requirements. Requirement 1. Compute the manufacturing cycle efficiency for an order for 2019 and 2020. (Round the answer to two decimal places.) The manufacturing cycle efficiency for an order for 2019 is The manufacturing cycle efficiency for an order for 2020 is Requirement 2. For each year 2019 and 2020, calculate the a. percentage of goods returned, b. defective units reworked as a percentage of units shipped, c. percentage of on-time deliveries, and d. percentage of hours spent by each employee on quality training. (Round the percentages to two decimal places.) Start by calculating the percentage of good returned for 2019 and 2020. Non-financial quality measure 2019 2020 a. Percentage of goods returned b. Defective units reworked as a percentage of units shipped c. Percentage of on-time deliveries % % % % % % d. Percentage of hours spent by each employee on quality training % % Requirement 3. Evaluate management's performance on quality and timeliness in 2019 and 2020. Prescott has become in efficient in its value-added manufacturing time as a percentage of manufacturing cycle time. The company for the company as well as customer satisfaction. improved the company's lead time. This efficiency will result Management has had a(n) in the total number of defective units reworked, which is a over the prior year. Also, the company spent amount of time per employee on quality training, leading to Data table Nonfinancial Quality Measures Number of returned goods Number of defective units reworked Annual hours spent on quality training per employee Number of units delivered on time Annual Totals Units of finished goods shipped Average total hours worked per employee 2019 2020 800 865 2,300 2,240 38 48 22,120 28,360 2019 2020 28,480 30,650 1,700 1,700