8 The following data are average times per order over the last month. Wait time to start production 16.2 days Inspection time 1.8 days Process time 2.7 days Move time 2.6 days Queue time 8.2 days The manufacturing cycle efficiency (MCE) would be closest to: А. 29%. В. 82%. С. 46%. D. 18%. Е. None of the above

Essentials of Business Analytics (MindTap Course List)
2nd Edition
ISBN:9781305627734
Author:Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson
Publisher:Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson
Chapter8: Time Series Analysis And_forecasting
Section: Chapter Questions
Problem 14P: The following time series shows the sales of a particular product over the past 12...
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8
The following data are average times per order over the last month.
Wait time to start production
Inspection time
16.2 days
1.8
days
Process time
2.7
days
Move time
2.6
days
Queue time
8.2
days
The manufacturing cycle efficiency (MCE) would be closest to:
А.
29%.
В.
82%.
С.
46%.
D.
18%.
Е.
None of the above
Transcribed Image Text:8 The following data are average times per order over the last month. Wait time to start production Inspection time 16.2 days 1.8 days Process time 2.7 days Move time 2.6 days Queue time 8.2 days The manufacturing cycle efficiency (MCE) would be closest to: А. 29%. В. 82%. С. 46%. D. 18%. Е. None of the above
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