Question: Cornerstone Exercise 13.2 (Algorithmic) MCE Craig, Inc., has provided the following information for one of its products for each hour of production: Actual velocity: 200

Cornerstone Exercise 13.2 (Algorithmic) MCE

Craig, Inc., has provided the following information for one of its products for each hour of production:

Actual velocity: 200 units (per hour)
Move time: 13 minutes
Inspection time: 10 minutes
Rework time: 13 minutes

Required:

1. Calculate MCE. If required, round your answer to two decimal places.

2. What is the theoretical cycle time? Calculate MCE using actual and theoretical cycle times. If required, round your answers to two decimal places.

Theoretical cycle time minutes
Actual cycle time minutes
MCE

3. What if waste is reduced by 45 percent? New waste = minutes

What is the new MCE? If required, round your answer to two decimal places.

What is the new cycle time? minutes

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!