Question: A. Compute for throughput time B. Compute for Value added time C. Compute for Manufacturing Efficiency Assume the same data for PARE Company in Illustrative

Assume the same data for PARE Company in Illustrative Problem 2 and

A. Compute for throughput time

B. Compute for Value added time

C. Compute for Manufacturing Efficiency

Assume the same data for PARE Company in Illustrative Problem 2 and the actual data for the years 2021 are as follows: (Assume that production = units sold ) Sales price/unit Materials used (kg) 2021 P 53.75 6,750 Materials cost / kg P7 Direct labor hours 6,480 P 32.50 Direct labor cost/hr PARE Company monitored the efficiency of processes from receiving customer orders until they are shipped to customers. Average times incurred per order processed are as follows: Time (in days) Wait time Process time Inspection time Move time Queue time 2021 4 2 1.5 .25 .80

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