Question
Waymouth Manufacturing operates a contract manufacturing plant located in Dublin, Ireland. The plant provides a variety of electronics products and components to consumer goods manufacturers
Waymouth Manufacturing operates a contract manufacturing plant located in Dublin, Ireland. The plant provides a variety of electronics products and components to consumer goods manufacturers around the world. Cycle time is a critical success factor for Waymouth, which has developed a number of measures of manufacturing speed. Waymouth has studied the matter and found that competitive contract manufacturers have manufacturing cycle times (MCE) of about 40%. When last calculated, Waymouths MCE was 35%.
Key measures from the recent months production, averaged over all the jobs during that period, are as follows:
Activity | Average Time (hours) | ||
New product development | 30 | ||
Materials handling | 2 | ||
Order setup | 6 | ||
Machine maintenance | 3 | ||
Order scheduling | 1 | ||
Inspection of completed order | 5 | ||
Pack and move to storage or ship | 2 | ||
Manufacturing assembly | 24 | ||
Order taking and checking | 3 | ||
Receiving and stocking raw materials | 6 | ||
Inspection of raw materials at start of production | 2 | ||
Determine the manufacturing cycle efficiency (MCE) for the recent month. (Round your answer to 1 decimal place.)
Manufacturing Cycle Efficiency=_________%
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started