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1. 2. Zeke Corp. has the following data regarding its manufacturing processes: Wait time Process time Inspection time Move time Queue time 72 hours 6
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Zeke Corp. has the following data regarding its manufacturing processes: Wait time Process time Inspection time Move time Queue time 72 hours 6 hours 7 hours 8 hours 4 hours Zeke has been concerned about the amount of time it takes for an order to reach a customer. Upon some thorough investigation and analysis, Zeke has managed to improve its wait time to 12 hours. This suggests that: Zeke has improved it manufacturing cycle efficiency from approximately 74% to 68%. O Zeke has improved it delivery cycle time from 97 hours to 37 hours. Zeke has improved its throughput time from 97 days to 37 days. There is no change in the manufacturing cycle efficiency, and as a result, NO improvement in the overall delivery cycle for the customer. What is true for a firm that adapts to a lean production process? The delivery cycle time should improve with reductions in value-added activities, while holding all other variables constant. The manufacturing cycle efficiency should improve with reductions in non-value added activities, while holding all other variables constant. The throughput time should improve with reductions in wait time, while holding all other variables constant. The manufacturing cycle efficiency should decrease with the adoption of the lean production processStep by Step Solution
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