Answered step by step
Verified Expert Solution
Link Copied!

Question

...
1 Approved Answer

Hammond Inc. has analyzed the setup time on its computer-controlled lathe. The setup requires changing the type of fixture that holds a part. The average

  1. Hammond Inc. has analyzed the setup time on its computer-controlled lathe. The setup requires changing the type of fixture that holds a part. The average setup time has been 135 minutes, consisting of the following steps:

Step

Time (in minutes)

Turn off machine and remove fixture from lathe

13

Go to tool room with fixture

15

Record replacement of fixture to tool room

18

Return to lathe

20

Clean lathe

17

Return to tool room

20

Record withdrawal of new fixture from tool room

12

Return to lathe

15

Install new fixture and turn on machine

8

Total setup time

138

  1. Why should management be concerned about improving setup time?
  2. What do you recommend to Hammond Inc. for improving setup time?
  3. How much time would be required for a setup, using your suggestion in (b)?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered 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

Managerial Accounting Tools For Business Decision Making

Authors: Jerry J Weygandt, Paul D Kimmel, Jill E Mitchell

9th Edition

9781119754053

Students also viewed these Accounting questions