Question
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 prohibiting
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 prohibiting the company from producing and selling additional units.
Actual run time this week 5,696 minutes
Machine time available per week 6,400 minutes
Actual run rate this week 1.68 units per minute
Ideal run rate 2.00units per minute
Defect-free output this week 12,670 units
Total output this week (including defects) 18,100units
Required:
1.Compute the utilization rate.(Round your answer to 2 decimal places.)
2.Compute the efficiency rate.(Round your answer to 2 decimal places.)
3.Compute the quality rate.(Round your answer to 2 decimal places.)
4.Compute the overall equipment effectiveness (OEE).(Do not round intermediate calculations. Round your final answer to 3 decimal places.)
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