Wolk Corporation is a highly automated manufacturing firm. The vice president of finance has decided that...

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Wolk Corporation is a highly automated manufacturing firm. The vice president of finance has decided that traditional standar

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Answer 1

Answer #1

The correct answer is option B

Process Cycle Efficiency = Value-Added Time / Cycle Time

Value added time = Process (manufacturing time) = 16 days

Cycle time = Lead time + Inspection time + Process time + Move time

= (36 + 18) + 8 + 16 + 5

= 83 days

Thus, Process Cycle Efficiency = 16 / 83

= 19.277 i.e. 19.3%

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Answer 2

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Wolk Corporation is a highly automated manufacturing firm. The vice president of finance has decided that...

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