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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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