Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

please answer BOTH questions thank you Zip Company produces one product and is operating at full capacity. Following is data related to the single machine

please answer BOTH questions
thank you
image text in transcribed
image text in transcribed
Zip Company produces one product and is operating at full capacity. Following is data related to the single machine that is used to produce its one product. Actual run time this week Machine time available per week Actual run rate this week Ideal run rate Defect-free output this week Total output this week (including defects) 3,400 minutes 4,000 minutes 4.8 units per minute 50 units per minute 16,000 units 16,320 units Calculate the company's efficiency rate for the week. (state your answer as a percentage rounded to one decimal place) Zip Company produces one product and is operating at full capacity Following is data related to the single machine that is used to produce its one product. Actual run time this week Machine time available per week Actual run rate this week Ideal run rate Defect-free output this week Total output this week (including defects) 3,400 minutes 4.000 minutes 48 units per minute 5.0 units per minute 16,000 units 16,320 units Calculate the company's overall equipment effectiveness (OEE) rate for the week (state your answer as a percentage rounded to one 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

Factory Accounts

Authors: John Whitmore

1st Edition

0367494825, 9780367494827

More Books

Students also viewed these Accounting questions

Question

How are joint costs allocated under variable costing?

Answered: 1 week ago

Question

What Makes Machine Learning Projects Unique in HR

Answered: 1 week ago

Question

How does Disney try to redress prejudice and discrimination?

Answered: 1 week ago