Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

he president read in industry journals that throughput time, MCE, and delivery cycle time are important measures of performance, but no one is sure how

image text in transcribed

image text in transcribedimage text in transcribed

he president read in industry journals that throughput time, MCE, and delivery cycle time are important measures of performance, but no one is sure how to compute them. You ave been asked to assist the company and gathered the following data: Required: -a. Compute the throughput time for each month. -b. Compute the manufacturing cycle efficiency (MCE) for each month. -c. Compute the delivery cycle time for each month. -a. Refer to the inspection time, process time, and so forth, given for month 4 . Assume in month 5 the inspection time, process time, and so forth are the same as for month 4 , xcept the company is able to completely eliminate the queue time using Lean Production. Compute the new throughput time and MCE. -b. Refer to the inspection time, process time, and so forth, given for month 4 . Assume in month 6 the inspection time, process time, and so forth are the same as in month 4 , 1-a. Compute the throughput time for each month. 1-b. Compute the manufacturing cycle efficiency (MCE) for each month. 1 -c. Compute the delivery cycle time for each month. Note: Round your answers to 1 decimal place. 3-a. (Month 5) Refer to the inspection time, process time, and so forth, given for month 4 . Assume in month 5 the inspection time, process time, and so forth are the same as for month 4, except the company is able to completely eliminate the queue time using Lean Production. Compute the new throughput time and MCE. 3-b. (Month 6) Refer to the inspection time, process time, and so forth, given for month 4 . Assume in month 6 the inspection time, process time, and so forth are the same as in month 4, except the company is able to eliminate the queue time and inspection time using Lean Production. Compute the new throughput time and MCE. Note: Round your answers to 1 decimal place

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

Forensic And Investigative Accounting

Authors: D. Larry Crumbley, Lester E. Heitger, G. Stevenson Smith

6th Edition

0808034871, 9780808034872

More Books

Students also viewed these Accounting questions

Question

Explain the benefits of visualization. Critical T hinking

Answered: 1 week ago

Question

What are the functions of top management?

Answered: 1 week ago

Question

Bring out the limitations of planning.

Answered: 1 week ago

Question

Why should a business be socially responsible?

Answered: 1 week ago

Question

Discuss the general principles of management given by Henri Fayol

Answered: 1 week ago

Question

Explain the legal environments impact on labor relations. page 631

Answered: 1 week ago