Exercise 11-3 Measures of Internal Business Process Performance [LO11-3) Management of Mittel Rhein AG of Kln, Germany, would like to reduce the amount of time between when a customer places an order and when the order is shipped. For the first quarter of operations during the current year the following data were reported: Inspection time Wait time (from order to start of production) Process time Move time Queue time 0.5 days 15.3 days 3.2 days 1.4 days 4.0 days Required: 1. Compute the throughput time. (Round your answer to 1 decimal place.) 2. Compute the manufacturing cycle efficiency (MCE) for the quarter. (Round your percentage answer to nearest whole percent.) 3. What percentage of the throughput time was spent in non-value-added activities? (Round your percentage answer to nearest whole percent.) 4. Compute the delivery cycle time. (Round your intermediate calculations and final answer to 1 decimal place.) 5. If by using Lean Production all queue time during production is eliminated, what will be the new MCE? (Do not round intermediate calculations. Round your percentage answer to 1 decimal place.) 9.1 days % % 1. Throughput time 2. Manufacturing cycle officiency 3. Non-value-added throughput time 4. Delivery cycle time 5. New manufacturing cycle efficiency 24.4 days % Posters.com is a small Internet retailer of high-quality posters. The company has $770,000 in operating assets and fixed expenses of $160,000 per year. With this level of operating assets and fixed expenses, the company can support sales of up to $5,400,000 per year. The company's contribution margin ratio is 11%, which means that an additional dollar of sales results in additional contribution margin, and net operating income, of 11 cents. Required: 1. Complete the following table showing the relation between sales and return on investment (ROI). 2. What happens to the company's return on investment (ROI) as sales increase? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Complete the following table showing the relation between sales and return on investment (ROI). (Round your percentage answers to 2 decimal places.) Sales Net Operating ROI Average Operating Assets Income $ 379,000 $ 770.000 4,900,000 $ 5,000,000 $ 770,000 $ $ 770,000 $ $ 770,000 5,100,000 $ 5,200,000 S 5,300,000 $ 5,400,000 wa 770,000 $ 770,000