Question
Wolk Corp. is a highly automated manufacturing company. The vice president of finance has decided that traditional standards are inappropriate for performance measures in an
Wolk Corp. is a highly automated manufacturing company. The vice president of finance has decided that traditional standards are inappropriate for performance measures in an automated environment. Labor is insignificant in terms of the total cost of production and tends to be fixed. Material quality is considered more important than minimizing material cost. And customer satisfaction is the number one priority. As a result, delivery performance measures have been chosen to evaluate manufacturing performance. The following data are considered to be typical of the time involved to complete customer orders.
From time order is placed to time order received by manufacturing 10.0 days10.0 days
From time order is received by manufacturing to time production begins 5.0 days
Inspection time 1.5 days
Process (manufacturing) time 3.0 days
Delivery time 4 days
Move time 2.5 days
What is the customer Response time (CRT)?
What is the manufacturing Cycle Efficiency?
What is the order receipt time?
What is the Manufacturing wait time?
What is the manufacturing lead time?
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Audit Culture How Indicators And Rankings Are Reshaping The World
Authors: Cris Shore, Susan Wright
1st Edition
0745336450, 978-0745336459
