Question: 6 The following data are average times per order over the last month Hours 0.6 0.7 0.3 Move time Inspection time Queue time Wait time
6 The following data are average times per order over the last month Hours 0.6 0.7 0.3 Move time Inspection time Queue time Wait time to start production Delivery cycle time 5.5 The manufacturing cycle efficiency (MCE) would be closest to: A. B. C. D. E. 0.36 0.28 0.16 0.90 2.50 7 Which of the following statements is false regarding performance measurement? A. Because of operating leverage, an increase in unit sales ordinarily has the effect of increasing sales margin. B. Capital tunover measures the ability to generate revenue for each dollar invested in operating assets. C. In a well-designed balanced scorecard, financial performance measures should be integrated with non-inancial measures D. Inspecting, moving, and queuing time add no value to the product and should be eliminated as much as E. One major disadvantage of the return on investment approach is that it cannot be used to compare the performance of divisions of different sizes
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