Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

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

image text in transcribed
eBook Calculator Calculate Lead 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 67 units. The process time for each step is as follows: Process Step 1 Process Step 2 Process Step 3 Process Step 4 The time required to move each batch between steps is 11 minutes. In addition, the time to move raw materials to Process Step 1 is also 11 minutes, and the time to move completed units from Process Step 4 to finished goods inventory is 11 minutes. The new lean layout will allow the company to reduce the batch sizes from 67 units tounits. 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 vasie added ratio under the present and proposed production 7 minutes 5 minutes 9 minutes 4 minutes approaches. If required, round percentages to one decimal place. Present Approach Proposed Approach 25 min 25 min Value-added time Non-value-added time Total lead time Value-added ratio (as a percent) min min min min 31.3J x % 71.41 x % 945 AM /27/2018

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

Fraud Analytics Strategies And Methods For Detection And Prevention

Authors: Delena D. Spann

1st Edition

111823068X, 978-1118230688

More Books

Students also viewed these Accounting questions