Christmas Express makes wreaths in batch sizes of 14. The cutting and assembly process takes 6 minutes per wreath, and the decorating process time is 15 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 fill in the blank 1 minutes Non-value-added lead time: Move time fill in the blank 2 Within-batch wait time fill in the blank 3 Total lead time fill in the blank 4 minutes b. Compute the value-added ratio.
Christmas Express makes wreaths in batch sizes of 14. The cutting and assembly process takes 6 minutes per wreath, and the decorating process time is 15 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 fill in the blank 1 minutes Non-value-added lead time: Move time fill in the blank 2 Within-batch wait time fill in the blank 3 Total lead time fill in the blank 4 minutes b. Compute the value-added ratio.
Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
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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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Christmas Express makes wreaths in batch sizes of 14. The cutting and assembly process takes 6 minutes per wreath, and the decorating process time is 15 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 | fill in the blank 1 | minutes |
| Non-value-added lead time: | ||
| Move time | fill in the blank 2 | |
| Within-batch wait time | fill in the blank 3 | |
| Total lead time | fill in the blank 4 | minutes |
b. Compute the value-added ratio. Round to one decimal place.
fill in the blank 5 %
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