Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

3 4 points Skipped eBook Hint References Management of Mittel Company would like to reduce the amount of time between when a customer places an

3 4 points Skipped eBook Hint References Management of Mittel Company would like to reduce the amount of time between when a customer places an order and when the order is shipped. For the first quarter of operations during the current year the following data were reported: Inspection time Wait time (from order to start of production) Process time Move time Queue time Required: 1. Compute the throughput time. (Round your answer to 1 decimal place.) 2. Compute the manufacturing cycle efficiency (MCE) for the quarter. (Round your percentage answer to nearest whole percent.) 3. What percentage of the throughput time was spent in non-value-added activities? (Round your percentage answer to nearest whole percent.) 4. Compute the delivery cycle time. (Round your intermediate calculations and final answer to 1 decimal place.) 5. If by using Lean Production all queue time during production is eliminated, what will be the new MCE? (Do not round intermediate calculations. Round your percentage answer to 1 decimal place.) 1. Throughput time 2. Manufacturing cycle efficiency 3. Non-value-added throughput time 0.8 days 17.1 days 2.9 days 0.8 days 4.2 days 4. Delivery cycle time 5. New manufacturing cycle efficiency days % % days %
image text in transcribed
Management of Mittel Company would like to reduce the amount of time between when a customer places an order and when the order is shipped. For the fist quarter of operations during the current year the following data were reported: Required: 1. Compute the throughput time. (Round your answer to 1 decimal place.) 2. Compute the manufacturing cycle efficiency (MCE) for the quarter. (Round your percentage answer to nearest whole percent) 3. What percentage of the throughput time was spent in non-value-added activities? (Round your percentage answer to nearest whole percent.) 4. Compute the delivery cycle time. (Round your intermediate calculations and final answer to 1 decimal place.) 5. If by using Lean Production all queue time during production is eliminated, what will be the new MCE? (Do not round intermediote calculations. Round your percentoge answer to 1 decimal ploce.)

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

Japanese Management Accounting A World Class Approach To Profit Management

Authors: Michiharu Sakurai, Yasuhiro Monden

1st Edition

091529950X, 978-0915299508

More Books

Students also viewed these Accounting questions