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Exercise 12-3 (Algo) Measures of Internal Business Process Performance [LO12-3] Management of Mittel Company wants to reduce the elapsed time from when a customer places

image text in transcribed Exercise 12-3 (Algo) Measures of Internal Business Process Performance [LO12-3] Management of Mittel Company wants to reduce the elapsed time from when a customer places an order to when it is shipped. It provided the following data for a recent quarter: Required: 1. Compute the throughput time. Note: Round your answer to 1 decimal place. 2. Compute the manufacturing cycle efficiency (MCE) for the quarter. Note: Round your percentage answer to nearest whole percent. 3. What percentage of the throughput time was spent in non-value-added activities? Note: Round your percentage answer to nearest whole percent. 4. Compute the delivery cycle time. Note: Round your intermediate calculations and final answer to 1 decimal place. 5. If using Lean Production eliminates all queue time, what will be the new MCE? Note: Do not round intermediate calculations. Round your percentage answer to 1 decimal place

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