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Oakwood Company produces maple bookcases to customer order. It received an order from a customer to produce 5,000 bookcases. The following information is available for

Oakwood Company produces maple bookcases to customer order. It received an order from a customer to produce 5,000 bookcases. The following information is available for the production of the bookcases.

Process time 11.0 days
Inspection time 1.6 days
Move time 4.5 days
Wait time 3.0 days
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Oakwood Company produces maple bookcases to customer order. It received an order from a customer to produce 5,000 bookcases. The following information is available for the production of the bookcases. Process time Inspection time Move time Wait time 11.0 days 1.6 days 4.5 days 3.0 days Required: 1. Compute the company's manufacturing cycle time. (Round your answers to 1 decimal place.) Manufacturing cycle time Time Manufacturing cycle time 0.0 2. Compute the company's manufacturing cycle efficiency. (Round your answers to 1 decimal place.) Manufacturing Cycle Efficiency Choose Numerator: Choose Denominator: Manufacturing cycle efficiency Manufacturing cycle efficiency 3. Oakwood believes it can reduce move time by 1.1 days and wait time by 2.5 days by adopting lean manufacturing techniques. Compute the company's manufacturing cycle efficiency assuming the company's predictions are correct. Manufacturing Cycle Efficiency Choose Numerator: Choose Denominator: Manufacturing cycle efficiency Manufacturing cycle efficiency

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