Question
1. Pinkton Corporation keeps careful track of the time required to fill orders. The times recorded for a particular order appear below: Hours Move time
1. Pinkton Corporation keeps careful track of the time required to fill orders. The times recorded for a particular order appear below:
Hours | |
Move time | 5.1 |
Wait time | 30.3 |
Queue time | 4.4 |
Process time | 0.6 |
Inspection time | 0.4 |
The delivery cycle time was: (Round your intermediate calculations to 1 decimal place.)
Multiple Choice
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5.1 hours
-
9.5 hours
-
39.8 hours
-
40.8 hours
2. Navern Corporation manufactures and sells custom home elevators. From the time an order is placed until the time the elevator is installed in the customers home averages 118 days. This 118 days is spent as follows:
Wait time | 24 | days |
Inspection time | 19 | days |
Process time | 29 | days |
Move time | 27 | days |
Queue time | 19 | days |
What is Navern's manufacturing cycle efficiency (MCE) for its elevators?
Multiple Choice
-
40.7%
-
30.9%
-
59.3%
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56.8%
3. Agustin Industries is a division of a major corporation. Data concerning the most recent year appears below:
Sales | $ | 17,560,000 |
Net operating income | $ | 1,071,160 |
Average operating assets | $ | 4,300,000 |
The division's turnover is closest to:
Multiple Choice
-
16.39
-
4.08
-
0.25
-
4.01
4. Agustin Industries is a division of a major corporation. Data concerning the most recent year appears below:
Sales | $ | 17,810,000 | |
Net operating income | $ | 783,640 | |
Average operating assets | $ | 4,640,000 | |
The division's return on investment (ROI) is closest to:
Multiple Choice
-
4.40%
-
16.89%
-
13.04%
-
1.40%
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