Question
Oakwood Company produces maple bookcases to customer order. The following information is available for the production of the bookcases. Process time 13.0 daysInspection time 2.0
Oakwood Company produces maple bookcases to customer order. The following information is available for the production of the bookcases.
Process time 13.0 daysInspection time 2.0 daysMove time3.6 daysWait time10.0 days
Required:
1.Compute the company's manufacturing cycle time.
2.Compute the company's manufacturing cycle efficiency.
3.Management believes it can reduce move time by 1.10 days and wait time by 2.50 days by adopting lean manufacturing techniques. Compute the company's manufacturing cycle efficiency assuming the company's predictions are correct.
Manufacturing Cycle Time
Process time13.0days
Inspection time2.0days
Move time3.6days
Wait time10.0days
Manufacturing cycle time 28.6days
Manufacturing Cycle Efficiency Choose Numerator:/Choose Denominator:=Manufacturing cycle efficiency
Process time/Manufacturing cycle time=Manufacturing cycle efficiency
13.0/28.6=0.45
Manufacturing Cycle EfficiencyChoose Numerator:/Choose Denominator:=Manufacturing cycle efficiency
Process time/Manufacturing cycle time=Manufacturing cycle efficiency13.0/ ?=?
PLEASE HELP WITH THE ? AREAS
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