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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 14.0 days Inspection time
Oakwood Company produces maple bookcases to customer order. The following information is available for the production of the bookcases.
Process time | 14.0 days |
Inspection time | 1.3 days |
Move time | 5.5 days |
Wait time | 9.0 days |
Required: 1. Compute the companys manufacturing cycle time. 2. Compute the companys 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 companys manufacturing cycle efficiency assuming the companys predictions are correct
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 15.0 days 0.9 days 5.2 days 15.0 days Required: 1. Compute the company's manufacturing cycle time. (Round your answers to 1 decimal place.) Manufacturing cycle time Time Manufacturing cycle time 2. Compute the company's manufacturing cycle efficiency. (Round your answers to 1 decimal place.) Choose Numerator: Manufacturing Cycle Efficiency Choose Denominator: = Manufacturing cycle efficiency Manufacturing cycle efficiency 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 15.0 days 0.9 days 5.2 days 15.0 days Required: 1. Compute the company's manufacturing cycle time. (Round your answers to 1 decimal place.) Manufacturing cycle time Time Manufacturing cycle time 2. Compute the company's manufacturing cycle efficiency. (Round your answers to 1 decimal place.) Choose Numerator: Manufacturing Cycle Efficiency 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. Choose Numerator: 7 Manufacturing Cycle Efficiency Choose Denominator: - Manufacturing cycle efficiency Manufacturing cycle efficiencyStep by Step Solution
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