Quartex Corporation is considering implementation of a JIT inventory system. The companys industrial engineer recently conducted a

Question:

Quartex Corporation is considering implementation of a JIT inventory system. The company’s industrial engineer recently conducted a study to determine the average number of days spent in each activity of the production process. The following table summarizes her findings.


Instructions
a. Identify Quartex’s value-added production activities.
b. Identify Quartex’s non–value-added production activities.
c. Calculate Quartex’s total cycle time.
d. Determine Quartex’s manufacturing efficiency ratio.
e. Which of these activities might be reduced or eliminated if Quartex implemented a JIT system?
f. List some of the positive and negative consequences of eliminating some of the non–valueadded activities.

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Related Book For  book-img-for-question

Financial And Managerial Accounting The Basis For Business Decisions

ISBN: 9781260247930

19th Edition

Authors: Jan Williams, Susan Haka, Mark Bettner, Joseph Carcello

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