Management of Mittel Company would like to reduce the amount of time between when a customer places an order and when the order is shipped. For the first quarter of operations during the current year the following data were reported: 0.3 days 16.7 days 3.1 days 0.9 days 4.2 days Inspection time Wait time (from order to start of production) Process time Move time Queue time Required: 1. Compute the throughput time. (Round your answer to 1 decimal place.) 2. Compute the manufacturing cycle efficiency (MCE) for the quarter. (Round your percentage answer to nearest whole percent.) 3. What percentage of the throughput time was spent in non-value-added activities? (Round your percentage answer to nearest whole percent.) 4. Compute the delivery cycle time. (Round your intermediate calculations and final answer to 1 decimal pleçe.) 5. If by using Lean Production all queue time during production is eliminated, what will be the new MCE? (Do dot round intermediate calculations. Round your percentage answer to 1 decimal place.) 1. Throughput time 2. Manufacturing cycle efficiency 3. Non-value-added throughput time 4. Delivery cycle time 5. New manufacturing cycle efficiency days days
Management of Mittel Company would like to reduce the amount of time between when a customer places an order and when the order is shipped. For the first quarter of operations during the current year the following data were reported: 0.3 days 16.7 days 3.1 days 0.9 days 4.2 days Inspection time Wait time (from order to start of production) Process time Move time Queue time Required: 1. Compute the throughput time. (Round your answer to 1 decimal place.) 2. Compute the manufacturing cycle efficiency (MCE) for the quarter. (Round your percentage answer to nearest whole percent.) 3. What percentage of the throughput time was spent in non-value-added activities? (Round your percentage answer to nearest whole percent.) 4. Compute the delivery cycle time. (Round your intermediate calculations and final answer to 1 decimal pleçe.) 5. If by using Lean Production all queue time during production is eliminated, what will be the new MCE? (Do dot round intermediate calculations. Round your percentage answer to 1 decimal place.) 1. Throughput time 2. Manufacturing cycle efficiency 3. Non-value-added throughput time 4. Delivery cycle time 5. New manufacturing cycle efficiency days days
Chapter1: Financial Statements And Business Decisions
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The standard cost system is the expected cost per unit product manufactured and it helps in estimating the deviations and controlling them as well as fixing the selling price of the product. For example, it helps to plan the cost for the coming year on the various expenses.
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Management of Mittel Company would like to reduce the amount
order is shipped. For the first quarter of operations during the current year the following data were reported:
time between when a customer places an order and when the
Inspection time
Wait time (from order to start of production)
Process time
Move time
Queue time
0.3 days
16.7 days
3.1 days
0.9 days
4.2 days
ok
int
Required:
1. Compute the throughput time. (Round your answer to 1 decimal place.)
2. Compute the manufacturing cycle efficiency (MCE) for the quarter. (Round your percentage answer to nearest whole percent.)
3. What percentage of the throughput time was spent in non-value-added activities? (Round your percentage answer to nearest
whole percent.)
4. Compute the delivery cycle time. (Round your intermediate calculations and final answer to 1 decimal plaçe.)
5. If by using Lean Production all queue time during production is eliminated, what will be the new MCE? (Do tot round intermediate
calculations. Round your percentage answer to 1 decimal place.)
rint
rences
1. Throughput time
2. Manufacturing cycle efficiency
3. Non-value-added throughput time
4. Delivery cycle time
5. New manufacturing cycle efficiency
days
days
%
< Prey
15 of 15 E
Next>
GO
H.
B.
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