4. Manufacturing Cycle EfficiencyCFA Company keeps careful track of the time related to orders and their production. During the mostrecent quarter, the following average times were recorded for each unit or order:Inspection timeProcess timeQueue timeMove timeWait time2 days4 days6 days8 days10 daysREQUIRED:A) How long in days is the manufacturing cycle time or throughput time?B) What is the manufacturing cycle efficiency ratio?C) What percentage of the production time is spent on non-value-added activities?D) How long in days is the delivery cycle time?

Inspection time (a)= 2 days Process time (b)= 4 days Queue time(c) = 6 days Move time(d) = 8 days…

Answered: Manufacturing Cycle Efficiency CFA…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

See similar textbooks

Similar questions

Background: The Toyota Production System (TPS) was developed by the Toyota Motor Corporation in the 1950s as a way to improve productivity and efficiency in their manufacturing processes. The system is based on two main principles: Just-in-Time (JIT) production and Jidoka. JIT production involves producing only what is needed, when it is needed, and in the amount needed. Jidoka is a system of detecting and correcting problems in the manufacturing process as they occur. In the 1970s, Toyota's TPS began to attract attention from other companies who were interested in improving their own manufacturing processes. One of the first companies to adopt the TPS was Vicunha, a Brazilian textile manufacturer. Initiatives and Process Improvement Methods: Vicunha had been struggling with high inventory levels, long lead times, and poor quality. The company's management decided to adopt the TPS and worked closely with Toyota to implement the system. The implementation involved the following…
One of the risks that might occur from weaknesses in requirement procedures is creeping user requirements. What steps may be taken to lessen this risk?
7. Explain the main components that constitute a quality management model in an organization.
S&OP is typically a(n) ________ firm process. Group of answer choices External Internal None of these answers
A production machine is available for 24 hours each day. The machine produces 35 units each day. A unit takes 15 minutes to process. What is the overall equipment effectiveness (OEE) of this machine?
Please do fast ASAP fast
A check-processing center uses exponetial smoothing to forecast the number of incoming checks each month. the number of checks recewived in June was 40 million while the forecast was 42 million. A smoothibg constant of 0.15 is used. a) Using exponential smoothing and given a the forecast for the month of July={__} million checks received (round your response to one decimal place
systems designed for a specific customer. Select one of the following: • Multipurpose items Components for systems that are tailored to the needs of the client What about generic drugs?
One of the risks that might occur from weaknesses in requirement procedures is creeping user requirements. What steps may be taken to lessen this risk?
Problem 9-17 Frandec Company manufactures, assembles, and rebuilds material handling equipment used in warehouses and distribution centers. One product, called a Liftmaster, is assembled from four components: a frame, a motor, two supports, and a metal strap. Frandec's production schedule calls for 5000 Liftmasters to be made next month. Frandec purchases the motors from an outside supplier, but the frames, supports, and straps may be either manufactured by the company or purchased from an outside supplier. Manufacturing and purchase costs per unit are shown. Component. Frame Support Strap Component Frame Support Strap Capacity (hours) Three departments are involved in the production of these components. The time (in minutes per unit) required to process each component in each department and the available capacity (in hours) for the three departments are as follows: Department Milling 2.2 1.7 SP number of supports purchased Min s.t. TM number of straps manufactured TP number of straps…

Recommended textbooks for you

Practical Management Science

Operations Management

ISBN:

9781337406659

Author:

WINSTON, Wayne L.

Publisher:

Cengage,

Operations Management

ISBN:

9781259667473

Author:

William J Stevenson

Publisher:

McGraw-Hill Education

Operations and Supply Chain Management (Mcgraw-hi…

Operations Management

ISBN:

9781259666100

Author:

F. Robert Jacobs, Richard B Chase

Publisher:

McGraw-Hill Education

Practical Management Science

Operations Management

ISBN:

9781337406659

Author:

WINSTON, Wayne L.

Publisher:

Cengage,

Operations Management

ISBN:

9781259667473

Author:

William J Stevenson

Publisher:

McGraw-Hill Education

Operations and Supply Chain Management (Mcgraw-hi…

Operations Management

ISBN:

9781259666100

Author:

F. Robert Jacobs, Richard B Chase

Publisher:

McGraw-Hill Education

Business in Action

Operations Management

ISBN:

9780135198100

Author:

BOVEE

Publisher:

PEARSON CO

Purchasing and Supply Chain Management

Operations Management

ISBN:

9781285869681

Author:

Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson

Publisher:

Cengage Learning

Production and Operations Analysis, Seventh Editi…

Operations Management

ISBN:

9781478623069

Author:

Steven Nahmias, Tava Lennon Olsen

Publisher:

Waveland Press, Inc.

SEE MORE TEXTBOOKS