In response to intense foreign competition, Florex Company has taken steps to improve the quality of its products. A summary of its quality costs (in thousands) over the past two years is given below: Sales have been flat over the past few years, at $75,000,000 per year. Required: 1. Prepare a quality cost report for this year and last year. Note: Enter amount values in thousands. Round your percentage answers to 2 decimal places (i.e 0.1234 should be entered as 12.34). \begin{tabular}{|c|c|c|c|c|} \hline \multicolumn{5}{|c|}{ Florex Company } \\ \hline \multicolumn{5}{|c|}{ Quality Cost Report } \\ \hline & \multicolumn{2}{|c|}{ Last Year } & \multicolumn{2}{|c|}{ This Year } \\ \hline & \begin{tabular}{l} Amount (in \\ thousands) \end{tabular} & \begin{tabular}{l} Percent of \\ Sales \end{tabular} & \begin{tabular}{l} Amount (in \\ thousands) \end{tabular} & \begin{tabular}{l} Percent of \\ Sales \end{tabular} \\ \hline \multicolumn{5}{|l|}{ Prevention costs: } \\ \hline \\ \hline 7 & & & & \\ \hline & & & & \\ \hline \multicolumn{5}{|l|}{ Total prevention costs } \\ \hline \multicolumn{5}{|l|}{ Appraisal costs } \\ \hline & & & & \\ \hline & & & & \\ \hline & & & & \\ \hline & & & & \\ \hline \multicolumn{5}{|l|}{ Total appraisal costs } \\ \hline \multicolumn{5}{|l|}{ Internal failure costs: } \\ \hline & & & & \\ \hline & & & & \\ \hline & & & & \\ \hline \multicolumn{5}{|l|}{ Total internal falure costs } \\ \hline \multicolumn{5}{|l|}{ External failure costs: } \\ \hline & & & & \\ \hline & & & & \\ \hline & & & & \\ \hline \multicolumn{5}{|l|}{ Total external failure costs } \\ \hline Total quality cost & & & & \\ \hline \end{tabular} Prev 4 of 6 Next DataSpan, Incorporated, implemented Lean Production and would like to redesign its performance measures accordingly, It has provided the following data sets: Required: 1-a. Compute the throughput time for each month. 1-b. Compute the delivery cycle time for each month. 1.c. Compute the manufacturing cycle efficiency (MCE) for each month. 2. Evaluate the company's performance over the last four months: 3-a. Refer to the data for month 4. Assume in month 5 the company uses Lean Production to completely eliminate the queue time, and all else remains the same as month 4 . Compute the new throughput time and MCE. 3-b. Refer to the data for month 4. Assume in month 6 the company eliminates all queue time and inspection time, and all else remains the same as month 4. Compute the new throughput time and MCE. Complete this question by entering your answers in the tabs below. 1-a. Compute the throughput time for each month. 1-b. Compute the delivery cycle time for each month. 1-c. Compute the manufacturing cycle efficiency (MCE) for each month. Note: Round your answers to 1 decimal place. Required: 1-a. Compute the throughput time for each month. 1-b. Compute the delivery cycle time for each month. 1-c. Compute the manufacturing cycle efficiency (MCE) for each month. 2. Evaluate the company's performance over the last four months. 3-a. Refer to the data for month 4. Assume in month 5 the company uses Lean Production to completely eliminate the queue time, and all else remains the same as month 4 . Compute the new throughput time and MCE. 3-b. Refer to the data for month 4. Assume in month 6 the company eliminates all queue time and inspection time, and all else remains the same as month 4. Compute the new throughput time and MCE. Complete this question by entering your answers in the tabs below. 1-a. Compute the throughput time for each month. 1-b. Compute the delivery cycle time for each month. 1-c. Compute the manufacturing cycle efficiency (MCE) for each month. Note: Round your answers to 1 decimal place. Required: 1-a. Compute the throughput time for each month. 1-b. Compute the delivery cycle time for each month. 1-c. Compute the manufacturing cycle efficiency (MCE) for each month. 2. Evaluate the company's performance over the last four months. 3-a. Refer to the data for month 4 . Assume in month 5 the company uses Lean Production to completely eliminate the queue time, and all else remains the same as month 4. Compute the new throughput time and MCE 3.b. Refer to the data for month 4. Assume in month 6 the company eliminates all queue time and inspection time, and all clse remains the same as month 4 . Compute the new throughput time and MCE Complete this question by entering your answers in the tabs below. Evaluate the company's performance over the last four months. Note: Indicate the effect of each trend by selecting "Favorable" or "Unfavorable" or "None" for no effect (h.e., zero variance). Required: 1-a. Compute the throughput time for each month. 1.b. Compute the delivery cycle time for each month. 1-c. Compute the manufacturing cycle efficiency (MCE) for each month. 2. Evaluate the company's performance over the last four months. 3-a. Refer to the data for month 4. Assume in month 5 the company uses Lean Production to completely eliminate the queue time, an all else remains the same as month 4 . Compute the new throughput time and MCE. 3-b. Refer to the data for month 4. Assume in month 6 the company eliminates all queue time and inspection time, and all else remalr the same as month 4 . Compute the new throughput time and MCE. Complete this question by entering your answers in the tabs below. 3-a. (Month 5) Refer to the data for month 4. Assume in month 5 the company uses Lean Production to completely eliminate the queue time, and all else remains the same as month 4 . Compute the new throughput time and MCE. 3-b. (Month 6) Refer to the data for month 4. Assume in month 6 the company eliminates all queue time and inspection time, and all else remains the same as month 4 . Compute the new throughput time and MCE. Note: Round your answers to 1 decimal place
