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Exercise 12-5 (Algo) Overall Equipment Effectiveness [LO12-3) Jefferson Company's demand for its only product exceeds its manufacturing capacity. The company provided the following information for the machine whose limited capacity is prohibiting the company from producing and selling additional units Actual run time this week 3,146 minuten Machine time available per week 6,200 minutes Actual run rate this week 4.00 units per minute Ideal run rate 5.00 units per minute Defect-tree output this week 10,665 units Total output this week (including defect) 13,500 units Required: 1. Compute the utilization rate. (Round your answer to 2 decimal places.) 2. Compute the efficiency rate. (Round your answer to 2 decimal places.) 3. Compute the quality rate. (Round your answer to 2 decimal places.) 4. Compute the overall equipment effectiveness (OEE). (Do not round intermediate calculations. Round your final answer to 3 decimal places.) Utilization rate Efficiency rate Quality rate Overall equipment effectiveness Walton Company has measured its quality costs for the past two years. After the company gathers its quality cost data, it summarizes those costs using the four categories shown below. Last Year This Year Prevention costs $ 324.900 $ 604,500 Appraisal costs 5.440,600 $ 517,800 Internal failure costs $734, 700 $ 450,000 External failure costs $1,023,000 $ 727,600 Required: 1. Calculate the total cost of quality last year and this year, Last Year This Year Total cost of quality Check my work 4. 2. For last year, calculate the cost in each of the four categories as a percent of the total cost of quality. (Round your percentage answers to 1 decimal place.) Last Year % 3:42:55 Prevention costs Appraisal costs Internal failure costs External failure costs Total percent % % 0.0 % Boor orences 3. For this year, calculate the cost in each of the four categories as a percent of the total cost of quality. (Round your percentage answers to 1 decimal place.) This Year Prevention costs Appraisal costs Internal failure costs Exernal failure costs % Total percent 0.0 % 4a. Calculate the change in total cost of quality over the two-year period. Prevention and appraisal activities Internal and external failure costs The total cost of quality