Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

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 34%. When last calculated, Waymouth's MCE was 27%.
Key measures from the recent month's production, averaged over all the jobs during that period, are as follows:
\table[[,\table[[Average Time],[(hours)]]],[Activity,14.0],[New product development,0.5],[Materials handling,2.0],[Order setup,2.5],[Machine maintenance,9.0],[Order scheduling,1.0],[Inspection of completed order,1.0],[Pack and move to storage or ship,8.0],[Manufacturing assembly,1.5],[Order taking and checking,2.0],[Receiving and stocking raw materials,0.5]]
Required:
Determine the manufacturing cycle efficiency (MCE) for the recent month. (Round your answer to 1 decimal place (i.e..123=12.3%.
Manufacturing cycle efficiency (MCE)
image text in transcribed

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

More Books

Students also viewed these Accounting questions