MedTech, Inc. manufactures diagnostic testing equipment used in hospitals. The company practices JIT production management and has
Question:
MedTech, Inc. manufactures diagnostic testing equipment used in hospitals. The company practices JIT production management and has a state-of-the-art manufacturing system, including an FMS and an AMHS. The following nonfinancial data were collected biweekly in the Harrisburg plant during the first quarter of the current year
Required:
1. For each nonfinancial performance measure, indicate which of the following areas of manufacturing performance is involved:
(a) production processing,
(b) product quality,
(c) customer acceptance,
(d) in-process quality control,
(e) productivity,
(f) delivery performance, (g) raw material and scrap, (h) inventory, (i) machine maintenance. Some measures may relate to more than one area.
2. Write a memo to management commenting on the performance data collected for the Harrisburg plant. Be sure to note any trends or other important results you see in the data. Evaluate the Harrisburg plant in each of the areas listed in requirement (1).
Step by Step Answer:
Managerial Accounting Creating Value In A Dynamic Business Environment
ISBN: 9781259569562
11th Edition
Authors: Ronald W.Helton, David E. Platt