2.

Schurz Corporation's management reports that its average delivery cycle time is 36 days, its average throughput time is 14.0 days, its manufacturing cycle efficiency (MCE) is 0.50, its average move time is 0.6 day, and its average queue time is 2.2 days. Required: a. What is the wait time? (Round your answer to 1 decimal place.) b. What is the process time? (Round your answer to 1 decimal place.) c. What is the inspection time? (Round your intermediate calculations and final answer to 1 decimal place.) : days a. Wait time Process time Inspection time b. days days Rotan Corporation keeps careful track of the time required to fill orders. The times recorded for a particular order appear below: Move time Wait time Queue time Process time Inspection time Hours 3.5 11.2 5.4 1.5 0.5 The throughput time was: The Consumer Products Division of Goich Corporation had average operating assets of $1,300,000 and net operating income of $119,300 in May. The minimum required rate of return for performance evaluation purposes is 9%. What was the Consumer Products Division's residual income in May