Chris Company manufactures athletic shoes. The company received and produced an order for 4,500 pairs of shoes. The following information is available regarding this order. 5.3 days Process time Inspection time 6.8 days Move time 8.2 days 12.7 days Wait time What is this company's manufacturing cycle efficiency?

Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter20: Inventory Management: Economic Order Quantity, Jit, And The Theory Of Constraints
Section: Chapter Questions
Problem 13E: Eyring Manufacturing produces a component used in its production of washing machines. The time to...
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Chris Company manufactures athletic shoes. The
company received and produced an order for 4,500
pairs of shoes. The following information is available
regarding this order.
5.3 days
Process time
Inspection time 6.8 days
Move time
8.2 days
12.7 days
Wait time
What is this company's manufacturing cycle
efficiency?
Transcribed Image Text:Chris Company manufactures athletic shoes. The company received and produced an order for 4,500 pairs of shoes. The following information is available regarding this order. 5.3 days Process time Inspection time 6.8 days Move time 8.2 days 12.7 days Wait time What is this company's manufacturing cycle efficiency?
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