Need help Management of Mittel Rhein AG of Koln, Germany, would like to reduce theamount of time between when a customer places an order and when the order isshipped. For the 1st quarter of operations during the current year the followingdata were reported:Inspection time0.4 daysWait time (from order to start of production) 15.2 daysProcess timeMove time3.1 days1.2 days3.9 daysQueue timeRequired:1. Compute the throughput time.2. Compute the manufacturing cycle efficiency (MCE) for the quarter.3. What percentage of the throughput time was spent in non-value-addedactivities?4. Compute the delivery cycle time.

Mittel Rhein AG aims to enhance its efficiency in terms of the time taken to get orders out the…

Answered: Management of Mittel Rhein AG of Koln,…

Principles of Cost Accounting

17th Edition

ISBN:9781305087408

Author:Edward J. Vanderbeck, Maria R. Mitchell

Publisher:Edward J. Vanderbeck, Maria R. Mitchell

Chapter4: Accounting For Factory Overhead

Section: Chapter Questions

Problem 28Q

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Consider the following information: Suppliers’ payment period 40 days Receivables’ collection period 40 days Finished goods holding period 15 days Work – in progress holding period 10 days Raw materials inventory holding period 20 days a) what is the operating cycle? Select one: A. 75 days B. 85 days C. 70 days D. None of the above
Novex company keeps track on time related to orders and their production. During the mostrecent quarter, the company recorded the following average times for each unit or order. 22 | P a g ea) Wait time: 18 hoursb) Inspection time: 0.5 daysc) In Process time: 2 daysd) Move time: 0.6 dayse) Queue time: 5 daysOnce production is finished, goods are shipped. Calculate the manufacturing cycle time.
Novex Company keeps careful track of the time to complete customer orders. During the most recent quarter, the following average times were recorded for each unit or order: Days Wait time . . . . . . . . . . . . 17.0 Inspection time . . . . . . . . 0.4 Process time . . . . . . . . . .2.0 Move time . . . . . . . . . . . .0.6 Queue time . . . . . . . . . . .5.0 Goods are shipped as soon as production is completed. Required: Compute the throughput time. Compute the manufacturing cycle efficiency (MCE). What percentage of the production time is spent in non-value-added activities? Compute the delivery cycle time.
DGT Corporation's management keeps track of the time it takes to process orders. During themost recent month, the following average times (days) were recorded per order: Wait time 13.9Inspection time 0.4Process time 3.2Move time 0.7Queue time 2.8 Required:a. Compute the throughput time. b. Compute the manufacturing cycle efficiency (MCE).c. What percentage of the production time is spent in non-value-added activities? d. Compute the delivery cycle time.
Mccubbin Corporation keeps careful track of the time required to fill orders. The times recorded for a particular order appear below: Move time Wait time Queue time Process time Inspection time Hours 8.7 29.5 3.2 0.3 0.3 The delivery cycle time was: (Round your intermediate calculation and final answer to 1 decimal place.) Multiple Choice 41.4 hours 42.0 hours
Schlarbaum Corporation's management keeps track of the time it takes to process orders. During the most recent month, the following average times were recorded per order: Days Wait time 13.2 Inspection time 0.7 Process time 1.6 Move time 0.6 Queue time 2.2 Required: a. Compute the throughput time. (Round your answer to 1 decimal places.) b. Compute the manufacturing cycle efficiency (MCE). (Do not round intermediate calculations. Round your answer to nearest whole percentage.) c. What percentage of the production time is spent in non-value-added activities? (Do not round intermediate calculations. Round your answer to nearest whole percentage.) d. Compute the delivery cycle time. (Round your answer to 1 decimal place.)
Pinkton Corporation keeps careful track of the time required to fill orders. The times recorded for a particular order appear below: Hours Move time 2.5 Wait time 31.2 Queue time 8.4 Process time 0.9 Inspection time 0.2 The delivery cycle time was: (Round your intermediate calculations to 1 decimal place.) Multiple Choice 10.9 hours 43.2 hours 2.5 hours
Santoyo Corporation keeps careful track of the time required to fill orders. Data concerning a particular order appear below: Wait time Process time Inspection time Move time Queue time The delivery cycle time was: (Round your intermediate calculations to 1 decimal place.) Multiple Choice 4.5 hours 10.7 hours 23.5 hours Hours 12.8 1.9 0.3 4.5 6.2 25.7 hours
9. Diorio Corporation keeps careful track of the time required to fill orders. The times recorded for a particular order appear below: Hours Move time 2.7 Wait time 21.1 |Queue time Process time 5.3 1.4 Inspection time 0.1 The delivery cycle time was: A. 8 hours B. 29.1 hours C. 2.7 hours D. 30.6 hours
Pinkton Corporation keeps careful track of the time required to fill orders. The times recorded for a particular order appear below: Move time Hours 2.4 Wait time 29.2 Queue time 12.5 Process time 0.6 Inspection time 0.3 The delivery cycle time was: (Round your intermediate calculations to 1 decimal place.)
Pinkton Corporation keeps careful track of the time required to fill orders. The times recorded for a particular order appear below: Hours Move time 11.5 Wait time 35.2 Queue time 12.2 Process time 0.8 Inspection time 0.3 The delivery cycle time was:
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