Wast company is in interested in improving operating
performance. The following data is reported.
Inspection : 1 days
Process time: 4 days
Wait time: 10 days
Queue time: 5 days
Move time: 12 days
Required:
1. Compute the delivery cycle time.
Delivery Cycle Time= days
2. Compute the manufacturing cycle time.
Manufacturing Cycle Time= days
3. Compute the manufacturing cycle efficiency. (Enter the
answer as a fraction of 1, not as %; Round up to the three decimal
places)
Manufacturing Cycle Efficiency=
4. If all queue time can be eliminated in production, what will be
the new manufacturing cycle efficiency? (Enter the answer as a
fraction of 1, not as %; Round up to the three decimal
places)
Manufacturing Cycle Efficiency=
SOLUTION
1. Delivery Cycle Time = Process time + Move time + Inspection time + Queue time + Wait time
= 4 days + 12 days + 1 day + 5 days + 10 days
= 32 days
2. Manufacturing Cycle Time = Process time + Move time + Inspection time + Queue time
= 4 days + 12 days + 1 day + 5 days
= 22 days
3. Manufacturing Cycle Efficiency = Process time / Manufacturing Cycle Time
= 4 days / 22 days
= 0.182
4. New Manufacturing Cycle Time = Process time + Move time + Inspection time
= 4 days + 12 days + 1 day = 17 days
New Manufacturing Cycle Efficiency = Process time / New Manufacturing Cycle Time
= 4/ 17 = 0.235
Wast company is in interested in improving operating performance. The following data is reported. Inspection : 1 days P...
Question 3. Non-financial measure: Operating performance measures Wast company is in interested in improving operating performance. The following data is reported. Inspection : 2 days Process time: 2 days Wait time: 10 days Queue time: 15 days Move time: 4 days Required: 1. Compute the delivery cycle time. Delivery Cycle Time d ays 2. Compute the manufacturing cycle time. Manufacturing Cycle Time= days 3. Compute the manufacturing cycle efficiency. (Enter the ansy er as a fraction of 1, not as...
Question 1 (performance evaluation: RI, ROI) Generic Motors Corporation has two divisions, Kadillack and Chevrolay. Their performance for last year is as follows. Kadillack Chevrolay Investment (operating assets) $200 million $800 million Profit $40 million $120 million The required rate of return (cost of capital) for Generic Motors is 10% a year. Required: a) What is the return on investment (ROI) for each division? Kadillack ROI = 0 % (enter say 9.5% as 9.5, not as 0.095 and not as...
Lipex, Ltd., of Birmingham, England, is interested in cutting the amount of time between when a customer places an order and when the order is completed. For the first quarter of the year, the following data were reported: Inspection time Process time Wait time Queue time Move time 0.5 days 2.7 days 15.9 days 3.7 days 1.1 days Required: 1. Compute the throughput time. (Round your intermediate calculations to 1 decimal place.) Throughput time days 2. Compute the manufacturing cycle...
Check my w Inspection time Wait time (from order to start of production) Process time Move time Queue time 0.5 days 15.4 days 3.2 days 0.9 days 4.3 days Required: 1. Compute the throughput time. (Round your answer to 1 decimal place.) 2. Compute the manufacturing cycle efficiency (MCE) for the quarter. (Round your percentage answer to nearest whole percent.) 3. What percentage of the throughput time was spent in non-value-added activities? (Round your percentage answer to nearest whole percent.)...
Exercise 11-3 Measures of Internal Business Process Performance [LO11-3] Management of Mittel Rhein AG of Köln, Germany, would like to reduce the amount of time between when a customer places an order and when the order is shipped. For the first quarter of operations during the current year the following data were reported: Inspection time Wait time (from order to start of production) Process time Move time Queue time 0.7 days 15.2 days 3.2 days 0.7 days 4.0 days Required:...
Schurz Corporation's management reports that its average delivery cycle time is 29 days, its average throughput time is 13.0 days, its manufacturing cycle efficiency (MCE) is 0.20, its average move time is 0.6 day, and its average queue time is 3.0 days Required: Round your answer to 1 decimal place What is the Wait Time? Process Time? inspection Time? days days days Schurz Corporation's management reports that its average delivery cycle time is 29 days, its average throughput time is...
Calculate Delivery Cycle Time, Throughput Time, and Manufacturing Cycle Efficiency! Inspection time .5 days Process time 2.8 days Wait time 16.0 days Queue time 4.0 days Move time .7 days
Management of Mittel Rhein AG of Köln, Germany, would like to reduce the amount of time between when a customer places an order and when the order is shipped. For the first quarter of operations during the current year the following data were reported: Management of Mittel Rhein AG of Köln, Germany, would like to reduce the amount of time between when a customer places an order and when the order is shipped. For the first quarter of operations during...
4. During the most recent month at Hybarger Corporation, queue time was 3.0 days, inspection time was 0.8 day, process time was 2.8 days, wait time was 11.8 days, and move time was 0.6 day. Required: (15%) a. Compute the throughput time. b. Compute the manufacturing cycle efficiency (MCE). c. What percentage of the production time is spent in non-value-added activities? d. Compute the delivery cycle time.
Management of Mittel Rhein AG of Köln, Germany, would like to reduce the amount of time between when a customer places an order and when the order is shipped. For the first quarter of operations during the current year the following data were reported: Inspection time 0.7 days Wait time (from order to start of production) 16.5 days Process time 3.1 days Move time 1.1 days Queue time 3.7 days Required: 1. Compute the throughput time. (Round your answer to...