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Exercise 9-18 Manufacturing cycle time and efficiency LO A4 Oakwood Company produces maple bookcases to customer order. The following information is available for the production
Exercise 9-18 Manufacturing cycle time and efficiency LO A4
Oakwood Company produces maple bookcases to customer order. The following information is available for the production of the bookcases.
Process time | 9.0 days |
Inspection time | 1.2 days |
Move time | 3.4 days |
Wait time | 4.0 days |
Required: 1. Compute the companys manufacturing cycle time. 2. Compute the companys manufacturing cycle efficiency. 3. Management believes it can reduce move time by 1.10 days and wait time by 2.50 days by adopting lean manufacturing techniques. Compute the companys manufacturing cycle efficiency assuming the companys predictions are correct.
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