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: 18 minutes

Inspection time: 13 minutes

Rework time: 11 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 35 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

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