Jefferson Company's demand for its only product exceeds its manufacturing capacity. The company provided the following...

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Jefferson Company's demand for its only product exceeds its manufacturing capacity. The company provided the following information for the machine whose limited capacity is prohibiting the company from producing and selling additional units. Actual run time this week 7,482 minutes 8,700 minutes. Machine time available per week Actual run rate this week 3.75 units per minute Ideal run rate 5.00 units per minute: Defect-free output this week Total output this week (including defects) 12,876 units 17,400 units Required: 1. Compute the utilization rate. (Round your answer to 2 decimal places.) 2. Compute the efficiency rate. (Round your answer to 2 decimal places.) 3. Compute the quality rate. (Round your answer to 2 decimal places.) 4. Compute the overall equipment effectiveness (OEE). (Do not round intermediate calculations. Round your final answer to 3 decimal places.) Utilization rate Efficiency rate Quality rate Overall equipment effectiveness Jefferson Company's demand for its only product exceeds its manufacturing capacity. The company provided the following information for the machine whose limited capacity is prohibiting the company from producing and selling additional units. Actual run time this week 7,482 minutes 8,700 minutes. Machine time available per week Actual run rate this week 3.75 units per minute Ideal run rate 5.00 units per minute: Defect-free output this week Total output this week (including defects) 12,876 units 17,400 units Required: 1. Compute the utilization rate. (Round your answer to 2 decimal places.) 2. Compute the efficiency rate. (Round your answer to 2 decimal places.) 3. Compute the quality rate. (Round your answer to 2 decimal places.) 4. Compute the overall equipment effectiveness (OEE). (Do not round intermediate calculations. Round your final answer to 3 decimal places.) Utilization rate Efficiency rate Quality rate Overall equipment effectiveness

Answer rating: 100% (QA)

Answers 1 Computation of Utilization Rate Utilization Rate Operating Time Scheduled Time100 7482... View the full answer