Management of Mittel Rhein AG of Kln, Germany, would like to reduce the amount of time...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
Management of Mittel Rhein AG of Köln, Germany, would like to reduce the amount of time between when a customer places an order and when the order is shipped. For the first quarter of operations during the current year the following data were reported: Inspection time 0.7 days 15.1 days wait time (from order to start of production) Process tine 3.0 days 1.1 days Move time Queue time 4.4 days Required: 1. Compute the throughput time. (Round your answer to 1 decimal place.) 2. Compute the manufacturing cycle efficiency (MCE) for the quarter. (Round your percentage answer to nearest whole percent.) 3. What percentage of the throughput time was spent in non-value-added activities? (Round your percentage answer to nearest whole percent.) 4. Compute the delivery cycle time. (Round your intermediate calculations and final answer to 1 decimal place.) 5. If by using Lean Production all queue time during production is eliminated, what will be the new MCE? (Round your percentage answer to 1 decimal place.) 1. Throughput time days 2. Manufacturing cycle efficiency % 3. Non-value-added throughput time % 4. Delivery cycle time days 5. New manufacturing cycle efficiency % Management of Mittel Rhein AG of Köln, Germany, would like to reduce the amount of time between when a customer places an order and when the order is shipped. For the first quarter of operations during the current year the following data were reported: Inspection time 0.7 days 15.1 days wait time (from order to start of production) Process tine 3.0 days 1.1 days Move time Queue time 4.4 days Required: 1. Compute the throughput time. (Round your answer to 1 decimal place.) 2. Compute the manufacturing cycle efficiency (MCE) for the quarter. (Round your percentage answer to nearest whole percent.) 3. What percentage of the throughput time was spent in non-value-added activities? (Round your percentage answer to nearest whole percent.) 4. Compute the delivery cycle time. (Round your intermediate calculations and final answer to 1 decimal place.) 5. If by using Lean Production all queue time during production is eliminated, what will be the new MCE? (Round your percentage answer to 1 decimal place.) 1. Throughput time days 2. Manufacturing cycle efficiency % 3. Non-value-added throughput time % 4. Delivery cycle time days 5. New manufacturing cycle efficiency %
Expert Answer:
Answer rating: 100% (QA)
1 Throughput time 92 days 2 MCE 33 3 Non value added throughput t... View the full answer
Related Book For
Managerial Accounting
ISBN: 978-0697789938
13th Edition
Authors: Ray H. Garrison, Eric W. Noreen, Peter C. Brewer
Posted Date:
Students also viewed these accounting questions
-
When a customer places an order with Rudy's On- Line Office Supplies, a computerized accounting information system (AIS) automatically checks to see if the customer has exceeded his or her credit...
-
Management of Mittel Company would like to reduce the amount of time between when a customer places an order and when the order is shipped. For the first quarter of operations during the current year...
-
A customer places an order on January 1, 2011. Ten days later that order is received by the manufacturing department. Fifteen days later, the order is put into production. Processing (manufacturing)...
-
Examine the major components of a marketing plan.
-
According to a summary of the payroll of Zumwalt Co., $345,000 was subject to the 7.5% FICA tax. Also, $30,000 was subject to state and federal unemployment taxes. a. Calculate the employers payroll...
-
Discuss the 'corridor' approach for the recognition of actuarial gains and losses. Take into account in the discussion the framework for the preparation and presentation of financial statements. Do...
-
Beth Plum is a realtor. She organized her business as a corporation, Beth Plum, Realtor, P.C., by investing \($23,000\) cash. The business issued common stock to her. Consider the following facts at...
-
1. How would you describe Charles Bests approach to leadership? 2. What type(s) of followers would work well with Charles Best? What type(s) of followers would not work well with Best? 3. Why is...
-
Ivanhoe Trucking purchased a tractor trailer for $140000. Ivanhoe uses the units-of-activity method for depreciating its trucks and expects to drive the truck 1000000 miles over its 10-year useful...
-
The micrometer (1m) is often called the micron. (a) How many microns make up 1.0 km? (b) What fraction of a centimeter equals 1.0m? (c) How many microns are in 1.0 yd?
-
5.37 A 2.0-kg object moving along the x axis is acted upon by the force shown in Figure 5.28. The velocity of the object at x = 0 is v = 5.0 m/s. Calculate its (a) kinetic energy at x = 3.0 m. (b)...
-
Use the vertical line test in Problems 27-32 to determine whether the curve is a function. Also state the probable domain and range. t 8min=-5 Ymin=-10 Ymax=5 Xmax=5 Xsc1=1 Ysc1=1
-
Use the vertical line test in Problems 27-32 to determine whether the curve is a function. Also state the probable domain and range. Xmin=-5 Xmax=5 Xsc)=1 Ysc1=1 Ymin= -5 Ymax=5
-
Identify the curves in Problems 24-27. a. \(2 y^{2}+8 y-20 x+148=0 \quad\) b. \(9 x^{2}-6 y^{2}+18 y-23=0\) c. \(9 x^{2}+6 y^{2}+18 x-23=0\)
-
Use the vertical line test in Problems 27-32 to determine whether the curve is a function. Also state the probable domain and range. Ymin= -5 Ymax=5 Xmin=-2 Xmax=2 Xsc1=1 Ysc1=1
-
Use the vertical line test in Problems 27-32 to determine whether the curve is a function. Also state the probable domain and range. Xmin=-7.589645.. Xmax 7.5806451.... Xsc1=1 min-5 Ymax=5 Ysc1=1
-
Select the correct statements below: To be at arm's length, the parties must not have a subsidiary of the other. A controlling interest allows the owner to control ticket prices, team colors, team...
-
Beginning with a country that has a trade deficit, demonstrate graphically what will happen to a countrys potential output with globalization if that countrys costs of production fall. Explain your...
-
Ethics; Predetermined Overhead Rate and Capacity Pat Miranda, the new controller of Vault Hard Drives, Inc., has just returned from a seminar on the choice of the activity level in the predetermined...
-
When would job-order costing be used instead of process costing?
-
Fraser Company will need a new warehouse in five years. The warehouse will cost $500,000 to build. Required: What lump-sum amount should the company invest now to have the $500,000 available at the...
-
The needle indicator of an electronic instrument is connected to a torsional viscous damper and a torsional spring. If the rotary inertia of the needle indicator about its pivot point is \(25...
-
Find the responses of systems governed by the following equations of motion for the initial conditions \(x(0)=1, \dot{x}(0)=0\) : a. \(2 \ddot{x}+8 \dot{x}+16 x=0\) b. \(3 \ddot{x}+12 \dot{x}+9 x=0\)...
-
Find the frequency of oscillation and time constant for the systems governed by the following equations: a. \(\ddot{x}+2 \dot{x}+9 x=0\) b. \(\ddot{x}+8 \dot{x}+9 x=0\) c. \(\ddot{x}+6 \dot{x}+9 x=0\)
Study smarter with the SolutionInn App