ces Jefferson Company's demand for its only product exceeds its manufacturing capacity. The company provided the following information for the machine whose limited capacity
ces Jefferson Company's demand for its only product exceeds its manufacturing capacity. The company provided the following information for the machine whose limited capacity is prohibiting the company from producing and selling additional units. Actual run time this week Machine time available per week Actual run rate this week Ideal run rate Defect-free output this week Total output this week (including defects) Required: 1. Compute the utilization rate. Note: Round your answer to 2 decimal places. 2. Compute the efficiency rate. Note: Round your answer to 2 decimal places. 3. Compute the quality rate. Note: Round your answer to 2 decimal places. 4. Compute the overall equipment effectiveness (OEE). 5,609 minutes 7,900 minutes 2.64 units per minute 3.00 units per minute 10,716 units 14,100 units Note: Do not round intermediate calculations. Round your final answer to 3 decimal places. Utilization rate Efficiency rate Quality rate Overall equipment effectiveness
Step by Step Solution
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Step: 1
Lets compute each of the required rates 1 Utilization rate Utilization rate Actual run ...See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
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