Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Penelope Corporation's management keeps track of the time it takes to process orders. During the most recent month, the following average times were recorded per

Penelope Corporation's management keeps track of the time it takes to process orders. During the most recent month, the following average times were recorded per order:

Days
Wait time 11.4
Inspection time 0.3
Process time 3.25
Move time 1.2
Queue time 3.1

Required:

a. Compute the throughput time.(Enter your answer rounded to 1 decimal places.)

b. Compute the manufacturing cycle efficiency (MCE). (Enter your answer rounded to 2 decimal places.)

c. What percentage of the production time is spent in non-value-added activities?

d. Compute the delivery cycle time. (Round your answer to 1 decimal place.)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Auditing And Financial Management Federal Information System Controls Audit Manual

Authors: U.S. Government Accountability Office

1st Edition

1289168172, 978-1289168179

More Books

Students also viewed these Accounting questions

Question

Identify the universal properties of all languages.

Answered: 1 week ago