Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Castner Corporation is considering implementation of a JIT inventory system. The company's industrial engineer recently conducted a study to determine the average number of days
Castner Corporation is considering implementation of a JIT inventory system. The company's industrial engineer recently conducted a study to determine the average number of days spent in each activity of the production process. The following table summarizes her findings: Production Activity Number of Days Inspecting materials 3 Storing materials 17 Moving materials into production 3 Setting up production equipment 2 Cutting materials 6 Bending materials 5 Assembling finished products 9 Painting finished products 5 c. Calculate Castner's total cycle time? d. Determine Castner's manufacturing efficiency ratio. (Omit the "%" sign in your response.)
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started