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Cornerstone Exercise 13.2 (Algorithmic) MCE Craig, Inc., has provided the following information for one of its products for each hour of production: Actual velocity: 100

Cornerstone Exercise 13.2 (Algorithmic) MCE

Craig, Inc., has provided the following information for one of its products for each hour of production:

Actual velocity: 100 units (per hour)
Move time: 11 minutes
Inspection time: 15 minutes
Rework time: 11 minutes

Required:

1. Calculate MCE. If required, round your answer to two decimal places.

2. What is the theoretical cycle time? Calculate MCE using actual and theoretical cycle times. If required, round your answers to two decimal places.

Theoretical cycle time minutes
Actual cycle time minutes
MCE

3. What if waste is reduced by 30 percent? New waste = ? minutes

What is the new MCE? If required, round your answer to two decimal places. ?

What is the new cycle time? ? minutes

image text in transcribed

Cornerstone Exercise 13.2 (Algorithmic) MCE Craig, Inc., has provided the following information for one of its products for each hour of production: Actual velocity: 100 units (per hour) Move time: 11 minutes Inspection time: 15 minutes Rework time: 11 minutes Required 1. Calculate MCE. If required, round your answer to two decimal places. 2. What is the theoretical cycle time? Calculate MCE using actual and theoretical cycle times. If required, round your answers to two decimal places. Theoretical cycle time Actual cycle time MCE 3. What if waste is reduced by 30 percent? New wasteminutes What is the new MCE? If required, round your answer to two decimal places. minutes minutes What is the new cycle time

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