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The High Altitude Ski Company manufactures skis in the finishing and assembly process. Skis are manufactured in 50-ski batch sizes. The finishing time is 5

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The High Altitude Ski Company manufactures skis in the finishing and assembly process. Skis are manufactured in 50-ski batch sizes. The finishing time is 5 minutes per ski. The assembly time is 8 minutes per ski. It takes 13 minutes to move a batch of skis from finishing to assembly.

a. Compute the value-added, non-value-added, and total lead time of this process.

Value-added lead time minutes
Non-value-added lead time minutes
Total lead time minutes

b. Compute the value-added ratio. Round to one decimal place. %

Ch_27_HW eBook Show Me How Calculator The High Altitude ski Company manufactures skis in the finishing and assembly process. Skis are manufactured in 50-ski batch sizes. The finishing time is 5 minutes per ski. The assembly time is 8 minutes per skl. It takes 13 minutes to move a batch of skis from finishing to assembly. a. Compute the value-added, non-value-added, and total lead time of this process. Value-added lead time 13 minutes Non-value-added lead time 13 x minutes Total lead time 26 x minutes b. Compute the value-added ratio. Round to one decimal place. % Feedback Check My Work a. Recall that lead time can be classified as one of the following: 1. Value-added lead time, which is the time spent in converting raw materials into a finished unit of product. 2. Non-value-added lead time, which is the time spent while the unit of product is waiting to enter the next production process or is moved from one process to another. In this exercise: Value-added lead time = Finishing time + Assembly time Non-value-added lead time = Total within-batch wait time + Move time, where Total Within-Batch Wait Time = (Total Time to Perform Operations) x (Batch Size - 1) Add value-added lead time + non-value-added lead time to obtain total lead time b. Calculate Value Added Ratio = Value Added Lead Time - Total Lead Time Learning Objective 1. Edit shortcut

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