Christmas Express makes wreaths in batch sizes of 13. The cutting and assembly process takes 2 minutes per wreath, and the decorating proces time is 14 minutes per wreath. It takes 6 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: Move time: Within-batch wait time minutes. minutes Total lead time b. Compute the value-added ratio. Round to one decimal place.
Christmas Express makes wreaths in batch sizes of 13. The cutting and assembly process takes 2 minutes per wreath, and the decorating proces time is 14 minutes per wreath. It takes 6 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: Move time: Within-batch wait time minutes. minutes Total lead time b. Compute the value-added ratio. Round to one decimal place.
Chapter1: Financial Statements And Business Decisions
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Transcribed Image Text:Christmas Express makes wreaths in batch sizes of 13. The cutting and assembly process takes 2 minutes per wreath, and the decorating proces
time is 14 minutes per wreath. It takes 6 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:
Move time
Within-batch wait time
minutes
minutes
Total lead time
b. Compute the value-added ratio. Round to one decimal place.
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