Chocolate Company 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 0.5 days Process Time 2.8 days Wait Time 16.0 days Queue Time 4.0 days Move Time 0.7 days Compute the throughput time. Answer(days)
Chocolate Company 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 0.5 days Process Time 2.8 days Wait Time 16.0 days Queue Time 4.0 days Move Time 0.7 days Compute the throughput time. Answer(days)
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Chocolate Company 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 |
0.5 days |
|
Process Time |
2.8 days |
|
Wait Time |
16.0 days |
|
Queue Time |
4.0 days |
|
Move Time |
0.7 days |
Compute the throughput time. Answer(days)
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