Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Williams Optical Inc. is considering a new lean product cell. The present manufacturing approach produces a product in four separate steps. The production batch sizes

Williams Optical Inc. is considering a new lean product cell. The present manufacturing approach produces a product in four separate steps. The production batch sizes are 64 units. The process time for each step is as follows:

Process Step 1 7 minutes
Process Step 2 5 minutes
Process Step 3 4 minutes
Process Step 4 9 minutes

The time required to move each batch between steps is 14 minutes. In addition, the time to move raw materials to Process Step 1 is also 14 minutes, and the time to move completed units from Process Step 4 to finished goods inventory is 14 minutes.

The new lean layout will allow the company to reduce the batch sizes from 64 units to 4 units. The time required to move each batch between steps and the inventory locations will be reduced to 2 minutes. The processing time in each step will stay the same.

Determine the value-added, non-value-added, and total lead times, and the value-added ratio under the present and proposed production approaches. If required, round percentages to one 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

Business Accounting Uk Gaap Volume 2

Authors: Alan Sangster, Frank Wood

1st Edition

0273718800, 9780273718802

More Books

Students also viewed these Accounting questions

Question

Describe the major barriers to the use of positive reinforcement.

Answered: 1 week ago