Cycle-Time Analysis Variability is often considered to be the enemy of efficient and effective management. One approach to managing cycle times to improve delivery dependability is to map out the associated activities in a value-added process using a process flow diagram (see diagram in problem below). This allows the manager to identify and measure the specific activities so that the management process can be made more effective. The following problem illustrates the use of cycle time analysis. Problem Company X has recently completed an analysis of its primary value-added process. As part of this analysis, the major flows have been mapped such that the process has been broken down into 10 major activities. To better understand the process, the times to complete each of these activities have been carefully monitored over the past month. The results of this monitoring follow. (3:3) Activity 4 (1:0.4) Activity 5 (10:6) Activity 6 (5:2.8) Activity 7 Activity Standard Mean Deviation 2.4 Activity 3 |(15:2.1) Activity 8 (3:3) 1.2 2.1 Activity 2 (4:1.2) Activity 9 (20:4.5) Activity 1 (8:2.4) Activity 10) (4:03) 4.5 0.3 (Mean: Standard Deviation) Your Answers What is the average completion time for this value-added process? What is the standard deviation for the entire process? What is the probability that process will be completed in 75 hours? in 80 hours? in 70 hours? Develop a 95 percent confidence interval for the process. If you aren't confident in your ability to make delivery promises, where should you target your improvement efforts? How would you proceed