Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Jefferson Company s demand for its only product exceeds its manufacturing capacity. The company provided the following information for the machine whose limited capacity is

Jefferson Companys demand for its only product exceeds its manufacturing capacity. The company provided the following information for the machine whose limited capacity is prohibiting the company from producing and selling additional units.
Actual run time this week 5,609 minutes
Machine time available per week 7,900 minutes
Actual run rate this week 2.64 units per minute
Ideal run rate 3.00 units per minute
Defect-free output this week 10,716 units
Total output this week (including defects)14,100 units
Required:
Compute the utilization rate.
Note: Round your answer to 2 decimal places.
Compute the efficiency rate.
Note: Round your answer to 2 decimal places.
Compute the quality rate.
Note: Round your answer to 2 decimal places.
Compute the overall equipment effectiveness (OEE).
Note: Do not round intermediate calculations. Round your final answer to 3 decimal places.

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_2

Step: 3

blur-text-image_3

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

Human Resource Management

Authors: Robert L. Mathis, John H. Jackson

13th Edition

053845315X, 978-0538453158

More Books

Students also viewed these Accounting questions

Question

1/index.htm

Answered: 1 week ago

Question

LO12.5 Discuss the economic effects of monopoly.

Answered: 1 week ago

Question

LO12.1 List the characteristics of pure monopoly.

Answered: 1 week ago