Management of Mittel Rhein AG of Koln, Germany, would ike to reduce the amount of time between when a customer places an order and when the order is shipped For the first quartet of operations during the cutrent year the following data were reported: Required: 1. Compute the throughput time (Round your answer to 1 decimol place.) 2. Compute the manufacturing cycle efficiency (MCE) for the quarter (Round your percentage onswer to nearest whole percent.) 3. What percentage of the throughput time was spent in non-value-added activities? (Round your percentoge answer to nearest whole percent.) 4. Compute the delivery cycle time. (Round your intermediote calculations and finol answer to 1 decimol ploce.) 5. If by using Lean Production all queue time during production is Eiminated, what wil be the new MCE? (Round your percentoge onswer to 1 decimal ploce.)

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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Management of Mittel Rhein AG of Koln, Germany, would ike to reduce the amount of time between when a customer places an order and when the order is shipped For the first quartet of operations during the cutrent year the following data were reported: Required: 1. Compute the throughput time (Round your answer to 1 decimol place.) 2. Compute the manufacturing cycle efficiency (MCE) for the quarter (Round your percentage onswer to nearest whole percent.) 3. What percentage of the throughput time was spent in non-value-added activities? (Round your percentoge answer to nearest whole percent.) 4. Compute the delivery cycle time. (Round your intermediote calculations and finol answer to 1 decimol ploce.) 5. If by using Lean Production all queue time during production is Eiminated, what wil be the new MCE? (Round your percentoge onswer to 1 decimal ploce.)
Management of Mittel Rhein AG of Koln, Germany, 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
Inspection time
Wait tine (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.)
0.2 days
15.2 days
2.5 days
0.9 days
3.9 days
4. Compute the delivery cycle time. (Round your intermediate calculations and final answer to 1 decimal place.)
5. If by using Lean Production all queue time during production is eliminated, what will be the new MCE (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
%
E
THE %
Transcribed Image Text:Management of Mittel Rhein AG of Koln, Germany, 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 Inspection time Wait tine (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.) 0.2 days 15.2 days 2.5 days 0.9 days 3.9 days 4. Compute the delivery cycle time. (Round your intermediate calculations and final answer to 1 decimal place.) 5. If by using Lean Production all queue time during production is eliminated, what will be the new MCE (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 % E THE %
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