Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Answer is complete but not entirely correct.Management of Mittel Company wants to reduce the elapsed time from when a customer places an order to when

image text in transcribed
Answer is complete but not entirely correct.Management of Mittel Company wants to reduce the elapsed time from when a customer places an order to when it is shipped. It provided the following data for a recent quarter:
Inspection time 0.6 day
Wait time (from order to start of production)16.1 days
Process time 3.3 days
Move time 0.5 day
Queue time 3.5 days
Required:
Compute the throughput time.
Note: Round your answer to 1 decimal place.
Compute the manufacturing cycle efficiency (MCE) for the quarter.
Note: Round your percentage answer to nearest whole percent.
What percentage of the throughput time was spent in nonvalue-added activities?
Note: Round your percentage answer to nearest whole percent.
Compute the delivery cycle time.
Note: Round your intermediate calculations and final answer to 1 decimal place.
If using Lean Production eliminates all queue time, what will be the new MCE?
Note: Do not round intermediate calculations. Round your percentage answer to 1 decimal place.
image text in transcribed

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

Financial And Managerial Accounting

Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac

14th Edition

1337119202, 978-1337119207

More Books

Students also viewed these Accounting questions

Question

=+c. Depreciation of equipment during the year is $6,000.

Answered: 1 week ago