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. Rour percentage.) c. What percentage of the production time is spent in non-value-added activities? (Round your interm answer to nearest whole percentage.) d. Compute the delivery cycle time. (Round your answer to 1 decimal place.)
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. Rour percentage.) c. What percentage of the production time is spent in non-value-added activities? (Round your interm answer to nearest whole percentage.) d. Compute the delivery cycle time. (Round your answer to 1 decimal place.)
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question

Transcribed Image Text: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:
Wait time:
Inspection tine
Process time
Move time
Queue time
Days
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.)
a Throughput time
b. MCE
17.4
0.2
2.2
0.2
3.5
c. What percentage of the production time is spent in non-value-added activities? (Round your intermediate calculations and final
answer to nearest whole percentage.)
d. Compute the delivery cycle time. (Round your answer to 1 decimal place.)
c Percentage of non-value-added activities
d Delivery cycle time.
days
%
%
days
D
Expert Solution

This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 3 steps

Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.Recommended textbooks for you


Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,

Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,


Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,

Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,

Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON

Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education

Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education