Throughput time is the elapsed time from the time of inception of the production process till the goods are dispatched to the customer. The manufacturing cycle refers to the amount of time in the manufacturing process that is spent on enriching or improving the product. To prepare: The worksheet with the revised data and discuss the reason for the decrease in throughput time, delivery cycle time, and increase in manufacturing cycle efficiency.

Question

Want to see the full answer?

Answer 1

Question

Chapter 12, Problem 1AE

To determine

Introduction: Throughput time is the elapsed time from the time of inception of the production process till the goods are dispatched to the customer.

The manufacturing cycle refers to the amount of time in the manufacturing process that is spent on enriching or improving the product.

To prepare: The worksheet with the revised data and discuss the reason for the decrease in throughput time, delivery cycle time, and increase in manufacturing cycle efficiency.

Expert Solution & Answer

Want to see the full answer?

Check out a sample textbook solution

See solution

Students have asked these similar questions

The following data were selected from the records of Fluwars Company for the year ended December 31, current year: Balances at January 1, current year: Accounts receivable (various customers) $ 111,500 Allowance for doubtful accounts 11,200 The company sold merchandise for cash and on open account with credit terms 1/10, n/30, without a right of return. The following transactions occurred during the current year: Sold merchandise for cash, $252,000. Sold merchandise to Abbey Corp; invoice amount, $36,000. Sold merchandise to Brown Company; invoice amount, $47,600. Abbey paid the invoice in (b) within the discount period. Sold merchandise to Cavendish Inc.; invoice amount, $50,000. Collected $113,100 cash from customers for credit sales made during the year, all within the discount periods. Brown paid its account in full within the discount period. Sold merchandise to Decca Corporation; invoice amount, $42,400. Cavendish paid its account in full after the…

can you please solve this

The following data were selected from the records of Fluwars Company for the year ended December 31, current year: Balances at January 1, current year: Accounts receivable (various customers) $ 111,500 Allowance for doubtful accounts 11,200 The company sold merchandise for cash and on open account with credit terms 1/10, n/30, without a right of return. The following transactions occurred during the current year: Sold merchandise for cash, $252,000. Sold merchandise to Abbey Corp; invoice amount, $36,000. Sold merchandise to Brown Company; invoice amount, $47,600. Abbey paid the invoice in (b) within the discount period. Sold merchandise to Cavendish Inc.; invoice amount, $50,000. Collected $113,100 cash from customers for credit sales made during the year, all within the discount periods. Brown paid its account in full within the discount period. Sold merchandise to Decca Corporation; invoice amount, $42,400. Cavendish paid its account in full after the…