Christmas Express makes wreaths in batch sizes of 12. The cutting and assembly process takes 5 minutes per wreath, and the decorating process time is 8 minutes per wreath. It takes 3 minutes to move the wreaths from the cutting and assembly process to the decorating process. a. Compute the value-added, non-value-added, and total lead times of the wreath process. Value-added lead time Non-value-added lead time: minutes Move time Within-batch wait time Total lead time minutes b. Compute the value-added ratio. Round to one decimal place. %

Christmas Express makes wreaths in batch sizes of 12. The cutting and assembly process takes 5 minutes per wreath, and the decorating process time is 8 minutes per wreath. It takes 3 minutes to move the wreaths from the cutting and assembly process to the decorating process. a. Compute the value-added, non-value-added, and total lead times of the wreath process. Value-added lead time Non-value-added lead time: minutes Move time Within-batch wait time Total lead time minutes b. Compute the value-added ratio. Round to one decimal place. %

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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