Question
Management of Mittel Rhein AG of Kln, Germany, would like to reduce the amount of time between when a customer places an order and when
Management of Mittel Rhein AG of Kln, Germany, 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:
Inspection time 0.3 day
Wait time (from order to start of production)14.0 days
Process time 2.7 days
Move time 1.00 day
Queue time 5.0 days
If by using Lean Production all queue time during production is eliminated, what will be the new MCE?
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Accounting Chapters 14-26
Authors: Carl Warren
27th Edition
1337272116, 978-1337272117
