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Lead Time The High Altitude Ski Company manufactures skis in the finishing and assembly process. Skis are manufactured in 60-ski batch sizes. The finishing time

Lead Time

The High Altitude Ski Company manufactures skis in the finishing and assembly process. Skis are manufactured in 60-ski batch sizes. The finishing time is 4 minutes per ski. The assembly time is 8 minutes per ski. It takes 16 minutes to move a batch of skis from finishing to assembly.

a. Compute the value-added, non-value-added, and total lead time of this process.

Value-added lead time minutes
Non-value-added lead time minutes
Total lead time minutes

b. Compute the value-added ratio. Round to one decimal place. %

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