Fast Ink produces ink-jet printers for personal computers. It received an order for 400 printers from a

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Fast Ink produces ink-jet printers for personal computers. It received an order for 400 printers from a customer. The following information is available for this order.
Process time . . . . . . . . . 8.0 hours
Inspection time . . . . . . . 1.7 hours
Move time . . . . . . . . . . . 4.5 hours
Wait time . . . . . . . . . . . 10.8 hours

Required
1. Compute the company’s manufacturing cycle time.
2. Compute the company’s manufacturing cycle efficiency. Interpret your answer.
Analysis Component
3. Assume that Fast Ink wishes to increase its manufacturing cycle efficiency to 0.80. What are some ways that it can accomplish this?

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Managerial Accounting

ISBN: 978-0073379586

2010 Edition

Authors: John J. Wild, Ken W. Shaw

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