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Zodiac Sound Co. manufactures audio systems, both made-to-order and mass-produced systems that are typically sold to large-scale manufacturers of electronics equipment. For competitive reasons, the
Zodiac Sound Co. manufactures audio systems, both made-to-order and mass-produced systems that are typically sold to large-scale manufacturers of electronics equipment. For competitive reasons, the company is trying to increase its manufacturing cycle efficiency (MCE) measure. As a strategy for improving its MCE performance, the company is considering a switch to JIT manufacturing. While the company managers have a fairly good feel for the costs of implementing JIT, they are unsure about the benefits of such a move, both in financial and nonfinancial terms. To help inform the ultimate decision regarding a move to a JIT system, you've been asked to provide some input. Fortunately, you've recently attended a continuing professional education (CPE) workshop on the costs and benefits of moving to JIT and therefore feel comfortable responding to management's request Required: 3. Given the estimated data below, calculate the MCE for both the current manufacturing process and the proposed process after implementing JIT Notivit storage Inpiementat 36 minutes 31 nisutes 2 minutes 46 minutes 76 minutes Inspection6 ninutes 1 mintes 76 minutes Moving Processing Required: 3. Given the estimated data below, calculate the MCE for both the current manufacturing process and the proposed process after implementing JIT: 5 After tivity Current System Implementati Storage Inspection 46minutes Moving 76 minutes 36 minuters 31 minutes 31 minutes 46 minutes 61 minutes 76 minutes 4, What is the percentage change in average MCE anticipated under JIT? (For all requirements, do not round intermediate calculations and round your final answers to 2 decimal places (ie.. "1234 . 12.34%).) Current manufacturing process Proposed process aftor implementing JIT 4. Percentage change in average MCE
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