Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Compute Lead Time Bhojraj Fabricators Inc. machines metal parts for the automotive industry. Under the traditional manufacturing approach, the parts are machined through two processes:

Compute Lead Time
Bhojraj Fabricators Inc. machines metal parts for the automotive industry. Under the traditional manufacturing approach, the parts are machined through two processes: milling and finishing. Parts are produced in batch sizes of 30 parts. A part requires 7 minutes in milling and 9 minutes in finishing. The move time between the two operations for a complete batch is 4 minutes.
Under the lean philosophy, the part is produced in a cell that includes both the milling and finishing operations. The operating time is unchanged; however, the batch size is reduced to 2 parts and the move time is eliminated.
Determine the value-added, non-value-added, and total lead times, and the value-added ratio under the traditional and lean manufacturing methods. If required, round percentages to one decimal place.
\table[[,Traditional Philosophy,Lean Manufacturing Philosophy],[Value-added time,min,min],[Non-value-added time,min,min],[Total lead time,min,min],[Value-added ratio (as a percent),%,%
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

Telecourse Guide For Accounting In Action Managerial Accounting

Authors: Ray H. Garrison, Eric W. Noreen

9th Edition

0072386533, 978-0072386530

More Books

Students also viewed these Accounting questions