Homework Answers
Solution:
We will find the exact flow time and the value-added percentage of the flow time as mentioned in the below table:
Calculation Steps:
Step 1: Col 11 = Exact Flow Time = Sum of Col 1 to Col 10 = 14.3875 Hours
Step 2: Value Added Time (Minutes) = [ Exact Flow Time - Observed Flow Time (as given in the question) ] x 60
= (14.3875 - 14.35) x 60
= 2.25 Minutes
Step 3: % Value Added in Flow Time = [ Value Added time in minutes / ( Exact Flow Time x 60 ) ] x 100
= [ 2.25 / ( 14.3875 x 60) ] x 100
= 0.2606 % (Rounded to 4 decimal places)
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