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Larimar Company makes small appliances. One type of appliance, a food processor, requires the following amounts of time: processing for 3 hours: waiting for 5
Larimar Company makes small appliances. One type of appliance, a food processor, requires the following amounts of time: processing for 3 hours: waiting for 5 hours, and moving for 4 hours. The manager of the small appliance division thought that nonvalue-added activities could be reduced by relocating raw materials stores next to the manufacturing process that required them. Doing so could reduce waiting time to 1 hour Calculate the following: (Note: Round the answers to three decimal places.) A. The original manufacturing cycle efficiency (MCE) is B. The post-relocation manufacturing cycle efficiency (MCE) is
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