Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Calculate Dead Time Williams Optical Inc. is considering a new lean product cell. The present manufacturing approach produces a product in four separate steps.

image text in transcribed

Calculate Dead Time Williams Optical Inc. is considering a new lean product cell. The present manufacturing approach produces a product in four separate steps. The production batch sizes are 63 units. The process time for each step is as follows: Process Step 1 7 minutes Process Step 2 Process Step 3 Process Step 4 5 minutes 4 minutes 9 minutes The time required to move each batch between steps is 10 minutes. In addition, the time to move raw materials to Process Step 1 is also 10 minutes, and the time to move completed units from Process Step 4 to finished goods inventory is 10 minutes. The new lean layout will allow the company to reduce the batch sizes from 63 units to 4 units. The time required to move each batch between steps and the inventory locations will be reduced to 2 minutes. The processing time in each step will stay the same. Determine the value-added, non-value-added, and total lead times, and the value-added ratio under the present and proposed production approaches. If required, round percentages to one decimal place. Present Approach Proposed Approach Value-added time Non-value-added time Total lead time Value-added ratio (as a percent) Feedback 25 min 1,550 X min 25 min. 40 X min 1,650 X min 75 X min 1.5 % 35.7 X %

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_2

Step: 3

blur-text-image_3

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

College Accounting

Authors: Tracie Nobles, Cathy Scott, Douglas McQuaig, Patricia Bille

11th edition

978-1111528300, 1111528128, 1111528306, 978-1111528126

More Books

Students also viewed these Accounting questions

Question

=+c) Do you find evidence of a seasonal effect? Explain.

Answered: 1 week ago

Question

What are the skills of management ?

Answered: 1 week ago