Jefferson Company's demand for its only product exceeds its manufacturing capacity. The company provided the following...
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Jefferson Company's demand for its only product exceeds its manufacturing capacity. The company provided the following information for the machine whose limited capacity is prohibiting the company from producing and selling additional units. 6,478 minutes 8,200 minutes 9.12 units per minute Actual run time this week Machine time available per week Actual run rate this week Ideal run rate 12.00 units per minute Defect-free output this week Total output this week (including defects) 8,662 units 12,200 units Required: 1. Compute the utilization rate. (Round your answer to 2 decimal places.) 2. Compute the efficiency rate. (Round your answer to 2 decimal places.) 3. Compute the quality rate. (Round your answer to 2 decimal places.) 4. Compute the overall equipment effectiveness (OEE). (Do not round intermediate calculations. Round your final answer to 3 decimal places.) X Answer is complete but not entirely correct. Utilization rate 79.00 X Efficiency rate 12.40 X Quality rate 71.00 Overall equipment effectiveness 6.955 X Jefferson Company's demand for its only product exceeds its manufacturing capacity. The company provided the following information for the machine whose limited capacity is prohibiting the company from producing and selling additional units. 6,478 minutes 8,200 minutes 9.12 units per minute Actual run time this week Machine time available per week Actual run rate this week Ideal run rate 12.00 units per minute Defect-free output this week Total output this week (including defects) 8,662 units 12,200 units Required: 1. Compute the utilization rate. (Round your answer to 2 decimal places.) 2. Compute the efficiency rate. (Round your answer to 2 decimal places.) 3. Compute the quality rate. (Round your answer to 2 decimal places.) 4. Compute the overall equipment effectiveness (OEE). (Do not round intermediate calculations. Round your final answer to 3 decimal places.) X Answer is complete but not entirely correct. Utilization rate 79.00 X Efficiency rate 12.40 X Quality rate 71.00 Overall equipment effectiveness 6.955 X
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Related Book For
Fundamental Accounting Principles Volume 1
ISBN: 9781259259807
15th Canadian edition
Authors: Kermit Larson, Tilly Jensen, Heidi Dieckmann
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