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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. Required: 1. Compute the utilization rate. Note: Round your answer to 2 decimal places. 2. Compute the efficiency rate. Note: Round your answer to 2 decimal places. 3. Compute the quality rate. Note: Round your answer to 2 decimal places. 4. Compute the overall equipment effectiveness (OEE). Note: Do not round intermediate calculations. Round your final answer to 3 decimal places. Management of Mittel Company would like to reduce the amount of time between when a customer places an order and when the order is shipped. For the first quarter of operations during the current year the following data were reported: Required: 1. Compute the throughput time. Note: Round your answer to 1 decimal place. 2. Compute the manufacturing cycle efficiency (MCE) for the quarter. Note: Round your percentage answer to nearest whole percent. 3. What percentage of the throughput time was spent in non-value-added activities? Note: Round your percentage answer to nearest whole percent. 4. Compute the delivery cycle time. Note: Round your intermediate calculations and final answer to 1 decimal place. 5. If by using Lean Production all queue time during production is eliminated, what will be the new MCE? Note: Do not round intermediate calculations. Round your percentage answer to 1 decimal place
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