Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

2.5 3 points eBook Exercise 13-32 Manufacturing Cycle Efficiency [LO 13-2] Waymouth Manufacturing operates a contract manufacturing plant located in Dublin, Ireland. The plant provides

image text in transcribed 2.5 3 points eBook Exercise 13-32 Manufacturing Cycle Efficiency [LO 13-2] Waymouth Manufacturing operates a contract manufacturing plant located in Dublin, Ireland. The plant provides a variety of electronics products and components to consumer goods manufacturers around the world. Cycle time is a critical success factor for Waymouth, which has developed a number of measures of manufacturing speed. Waymouth has studied the matter and found that competitive contract manufacturers have manufacturing cycle times (MCE) of about 32%. When last calculated, Waymouth's MCE was 25%. Key measures from the recent month's production, averaged over all the jobs during that period, are as follows: Average Time (hours) Ask Print References Activity New product development Materials handling Order setup Machine maintenance Order scheduling Inspection of completed order Pack and move to storage or ship Manufacturing assembly Order taking and checking Receiving and stocking raw materials Inspection of raw materials at start of production Required: 10.0 2.0 1.0 1.5 11.0 3.5 1.0 4.0 0.5 1.0 2.5 Determine the manufacturing cycle efficiency (MCE) for the recent month. (Round your answer to 1 decimal place.) Manufacturing cycle efficiency (MCE) %

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Intermediate Accounting

Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield, Nicola M. Young, Irene M. Wiecek, Bruce J. McConomy

11th Canadian edition Volume 2

1119048540, 978-1119048541

More Books

Students also viewed these Accounting questions