Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Problem 12-15 (Algo) Internal Business Process Performance Measures [LO12-3] Tombro Industries is automating one of its plants and developing a flexible manufacturing system. In an

image text in transcribedimage text in transcribedimage text in transcribed Problem 12-15 (Algo) Internal Business Process Performance Measures [LO12-3] Tombro Industries is automating one of its plants and developing a flexible manufacturing system. In an effort to revise its performance measurement system, the company gathered the following data for the last four months: The president read in industry journals that throughput time, MCE, and delivery cycle time are important measures of performance, but no one is sure how to compute them. You have been asked to assist the company and gathered the following data: Required: 1-a. Compute the throughput time for each month. 1-b. Compute the manufacturing cycle efficiency (MCE) for each month. 1-c. Compute the delivery cycle time for each month. 3-a. Refer to the inspection time, process time, and so forth, given for month 4 . Assume in month 5 the inspection time, process time, and so forth are the same as for month 4 , except the company is able to completely eliminate the queue time using Lean Production. Compute the new throughput time and MCE. 3-b. Refer to the inspection time, process time, and so forth, given for month 4 . Assume in month 6 the inspection time, process time, and so forth are the same as in month 4 , except the company is able to eliminate the queue time and inspection time using Lean Production. Compute the new throughput time and MCE. 1-a. Compute the throughput time for each month. 1 -b. Compute the manufacturing cycle efficiency (MCE) for each month. 1 -c. Compute the delivery cycle time for each month. Note: Round your answers to 1 decimal place. 3-a. (Month 5) Refer to the inspection time, process time, and so forth, given for month 4 . Assume in month 5 the inspection time, process time, and so forth are the same as for month 4 , except the company is able to completely eliminate the queue time using Lean Production. Compute the new throughput time and MCE. 3-b. (Month 6) Refer to the inspection time, process time, and so forth, given for month 4. Assume in month 6 the inspection time, process time, and so forth are the same as in month 4 , except the company is able to eliminate the queue time and inspection time using Lean Production. Compute the new throughput time and MCE. Note: Round your answers 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

Internal Audit Practice From A To Z

Authors: Patrick Onwura Nzechukwu

1st Edition

149874205X, 978-1498742054

More Books

Students also viewed these Accounting questions