Question

Oakwood Company produces maple bookcases to customer order. The following information Is avallable for the production of the bookcases. Process time 16.0 days e.8 days 5.4 days 11.0 days Inspection time Move time Wait time Required: 1. Compute the company's manufacturing cycle time. 2 Compute the company's manufacturing cycle efficiency 3. Management belleves it can reduce move time by 110 days and walt time by 2.50 days by adopting lean manufacturing techniques Compute the company's manufacturing cycle efficiency assuming the company's predictions are corect Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute the company's manufacturing cycle time. (Round your answers to 1 decimal place.) Manufacturing Cycle Time Time Manufacturing cycle time

Answer 1

Process Time Inspection Time Move time Wait time 16.00 days 0.80 days 5.40 days 11.00 days Solution 1. Company's Maufacturing cycle Time: Process Time 16.00 days Inspection Time 0.80 days Move time 5.40 days Manfacturing Cycle time 22.20 days Solution 2. Manufacturing Cycle Efficiency (MCE) Choose Denominator Choose Numerator Manufacturing Cycle efficiency / Process Time 16.00 Manufacturing Cycle time = 22.20 MCE 72.1% Solution 3. As Move time and wait time is reduced, new Manufacturing cycle will be: Process Time 16.00 days Inspection Time 0.80 days Move time 4.30 days Manfacturing Cycle time 21.10 days Manufacturing Cycle Efficiency (MCE) | Choose Numerator] I Choose Denominator | = | Manufacturing Process Time Manufacturing Cycle time = MCE 16.00 21.10 = 75.8% Note: Wait time is not a part of Manufacturig cycle time, hence not added in any calculation

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