Ruiz Foods makes energy bars using a traditional manufacturing process. Raw materials are stored in inventory and then moved into production. Work in process inventory is moved across the company's three separate departments. The information below (in the Traditional column) is available for a recent order. If the company adopts lean manufacturing, management believes both move time and wait time can be reduced, as shown in the Lean column. Traditional Activity Process time Lean 28 hours 28 hours Inspection time Move time Wait time 3 hours 3 hours 4 hours 2 hours 3 hours 2 hour Required 1. Compute the total amount of non-value-added time under the traditional manufacturing process. 2. Compute cycle efficiency under the traditional manufacturing process. (Round your answer to 2 decimal places.) 3. Compute the total amount of non-value-added time under the proposed lean manufacturing process. 4. Compute cycle efficiency under the proposed lean manufacturing process. (Round your answer to 2 decimal places.) 5. Would the proposed lean approach improve cycle efficiency? 1. Traditional approach non-value-added time 5 hours 2. Traditional approach manufacturing cycle efficiency 2.00 3. Lean approach non-value-added time 10 hours Lean approach manufacturing cycle efficiency Would the proposed lean approach improve cycle efficiency? 4. 76.90 5. Yes
Ruiz Foods makes energy bars using a traditional manufacturing process. Raw materials are stored in inventory and then moved into production. Work in process inventory is moved across the company's three separate departments. The information below (in the Traditional column) is available for a recent order. If the company adopts lean manufacturing, management believes both move time and wait time can be reduced, as shown in the Lean column. Traditional Activity Process time Lean 28 hours 28 hours Inspection time Move time Wait time 3 hours 3 hours 4 hours 2 hours 3 hours 2 hour Required 1. Compute the total amount of non-value-added time under the traditional manufacturing process. 2. Compute cycle efficiency under the traditional manufacturing process. (Round your answer to 2 decimal places.) 3. Compute the total amount of non-value-added time under the proposed lean manufacturing process. 4. Compute cycle efficiency under the proposed lean manufacturing process. (Round your answer to 2 decimal places.) 5. Would the proposed lean approach improve cycle efficiency? 1. Traditional approach non-value-added time 5 hours 2. Traditional approach manufacturing cycle efficiency 2.00 3. Lean approach non-value-added time 10 hours Lean approach manufacturing cycle efficiency Would the proposed lean approach improve cycle efficiency? 4. 76.90 5. Yes
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
Can you please check my work
![Ruiz Foods makes energy bars using a traditional manufacturing process. Raw materials are stored in inventory and then moved into
production. Work in process inventory is moved across the company's three separate departments. The information below (in the
Traditional column) is available for a recent order. If the company adopts lean manufacturing, management believes both move time
and wait time can be reduced, as shown in the Lean column.
Activity
Traditional
Lean
Process time
28 hours
28 hours
Inspection time
Move time
3 hours
3 hours
4 hours
2 hours
Wait time
3 hours
2 hour
Required
1. Compute the total amount of non-value-added time under the traditional manufacturing process.
2. Compute cycle efficiency under the traditional manufacturing process. (Round your answer to 2 decimal places.)
3. Compute the total amount of non-value-added time under the proposed lean manufacturing process.
4. Compute cycle efficiency under the proposed lean manufacturing process. (Round your answer to 2 decimal places.)
5. Would the proposed lean approach improve cycle efficiency?
1. Traditional approach non-value-added time
5 hours
2. Traditional approach manufacturing cycle efficiency
2.00
3.
Lean approach non-value-added time
10 hours
Lean approach manufacturing cycle efficiency
Would the proposed lean approach improve cycle
efficiency?
4.
76.90
5.
Yes](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fd04091bf-ef16-4edf-af68-771d2ae33333%2F5f103997-1f9e-466e-9ec1-c82344c8d788%2Fjluqop_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Ruiz Foods makes energy bars using a traditional manufacturing process. Raw materials are stored in inventory and then moved into
production. Work in process inventory is moved across the company's three separate departments. The information below (in the
Traditional column) is available for a recent order. If the company adopts lean manufacturing, management believes both move time
and wait time can be reduced, as shown in the Lean column.
Activity
Traditional
Lean
Process time
28 hours
28 hours
Inspection time
Move time
3 hours
3 hours
4 hours
2 hours
Wait time
3 hours
2 hour
Required
1. Compute the total amount of non-value-added time under the traditional manufacturing process.
2. Compute cycle efficiency under the traditional manufacturing process. (Round your answer to 2 decimal places.)
3. Compute the total amount of non-value-added time under the proposed lean manufacturing process.
4. Compute cycle efficiency under the proposed lean manufacturing process. (Round your answer to 2 decimal places.)
5. Would the proposed lean approach improve cycle efficiency?
1. Traditional approach non-value-added time
5 hours
2. Traditional approach manufacturing cycle efficiency
2.00
3.
Lean approach non-value-added time
10 hours
Lean approach manufacturing cycle efficiency
Would the proposed lean approach improve cycle
efficiency?
4.
76.90
5.
Yes
Expert Solution
![](/static/compass_v2/shared-icons/check-mark.png)
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
![Blurred answer](/static/compass_v2/solution-images/blurred-answer.jpg)
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
![FINANCIAL ACCOUNTING](https://compass-isbn-assets.s3.amazonaws.com/isbn_cover_images/9781259964947/9781259964947_smallCoverImage.jpg)
![Accounting](https://www.bartleby.com/isbn_cover_images/9781337272094/9781337272094_smallCoverImage.gif)
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
![Accounting Information Systems](https://www.bartleby.com/isbn_cover_images/9781337619202/9781337619202_smallCoverImage.gif)
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
![FINANCIAL ACCOUNTING](https://compass-isbn-assets.s3.amazonaws.com/isbn_cover_images/9781259964947/9781259964947_smallCoverImage.jpg)
![Accounting](https://www.bartleby.com/isbn_cover_images/9781337272094/9781337272094_smallCoverImage.gif)
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
![Accounting Information Systems](https://www.bartleby.com/isbn_cover_images/9781337619202/9781337619202_smallCoverImage.gif)
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
![Horngren's Cost Accounting: A Managerial Emphasis…](https://www.bartleby.com/isbn_cover_images/9780134475585/9780134475585_smallCoverImage.gif)
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
![Intermediate Accounting](https://www.bartleby.com/isbn_cover_images/9781259722660/9781259722660_smallCoverImage.gif)
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
![Financial and Managerial Accounting](https://www.bartleby.com/isbn_cover_images/9781259726705/9781259726705_smallCoverImage.gif)
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education