Quality control measures: Number of defects Number of warranty claims Number of customer complaints Material control...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
Quality control measures: Number of defects Number of warranty claims Number of customer complaints Material control measures: Purchase order lead time Scrap as a percent of total cost Machine performance measures: Machine downtime as a percentage of availability Use as a percentage of availability Setup time (hours) Delivery performance measures: Throughput time Manufacturing cycle efficiency (MCE) Delivery cycle time Percentage of on-time deliveries Month 2 3 196 174 135 96 57 113 50 41 38 107 90 69 8 days 7 days 5 days 4 days 1% 1% 2% 3% 2% 3% 3% 4% 96% 93% 90% 86% 8 10 11 12 ? ? ? 97% 222 ? ? ? ? ? ? 96% 93% 90% The president has read in industry journals that throughput time, MCE, and delivery cycle time are important measures of performance, but no one is sure how they are computed. You have been asked to assist the company, and you have gathered the following data relating to these measures: Average per Month (in days) 1 2 3 4 Wait time per order before start of production 8.0 10.4 11.0 13.0 Inspection time per unit 0.9 0.8 0.8 0.8 Process time per unit 2.4 2.3 2.2 1.9 Queue time per unit 4.3 4.9 5.4 Move time per unit 0.4 0.6 0.6 6.6 0.7 Required: 1-a. Compute the throughput time for each month. 1-b. Compute the manufacturing cycle efficiency (MCE) for each month. 1-c. Compute the delivery cycle time for each month. 3-a. Refer to the inspection time, process time, and so forth, given for month 4. Assume that in month 5 the inspection time, process time, and so forth, are the same as for month 4, except that the company is able to completely eliminate the queue time during production using Lean Production. Compute the new throughput time and MCE. 3-b. Refer to the inspection time, process time, and so forth, given for month 4. Assume that in month 6 the inspection time, process time, and so forth, are the same as in month 4, except that the company is able to eliminate both the queue time during production and the inspection time using Lean Production. Compute the new throughput time and MCE. Complete this question by entering your answers in the tabs below. Required 1 Required 3 1-a. Compute the throughput time for each month. 1-b. Compute the manufacturing cycle efficiency (MCE) for each month. 1-c. Compute the delivery cycle time for each month. Note: Round your answers to 1 decimal place. Throughput Time Manufacturing Cycle Efficiency (MCE) Delivery Cycle Time Month 1 days % days Month 2 days % days Month 3 days % days Month 4 days days Show less Quality control measures: Number of defects Number of warranty claims Number of customer complaints Material control measures: Purchase order lead time Scrap as a percent of total cost Machine performance measures: Machine downtime as a percentage of availability Use as a percentage of availability Setup time (hours) Delivery performance measures: Throughput time Manufacturing cycle efficiency (MCE) Delivery cycle time Percentage of on-time deliveries Month 2 3 196 174 135 96 57 113 50 41 38 107 90 69 8 days 7 days 5 days 4 days 1% 1% 2% 3% 2% 3% 3% 4% 96% 93% 90% 86% 8 10 11 12 ? ? ? 97% 222 ? ? ? ? ? ? 96% 93% 90% The president has read in industry journals that throughput time, MCE, and delivery cycle time are important measures of performance, but no one is sure how they are computed. You have been asked to assist the company, and you have gathered the following data relating to these measures: Average per Month (in days) 1 2 3 4 Wait time per order before start of production 8.0 10.4 11.0 13.0 Inspection time per unit 0.9 0.8 0.8 0.8 Process time per unit 2.4 2.3 2.2 1.9 Queue time per unit 4.3 4.9 5.4 Move time per unit 0.4 0.6 0.6 6.6 0.7 Required: 1-a. Compute the throughput time for each month. 1-b. Compute the manufacturing cycle efficiency (MCE) for each month. 1-c. Compute the delivery cycle time for each month. 3-a. Refer to the inspection time, process time, and so forth, given for month 4. Assume that in month 5 the inspection time, process time, and so forth, are the same as for month 4, except that the company is able to completely eliminate the queue time during production using Lean Production. Compute the new throughput time and MCE. 3-b. Refer to the inspection time, process time, and so forth, given for month 4. Assume that in month 6 the inspection time, process time, and so forth, are the same as in month 4, except that the company is able to eliminate both the queue time during production and the inspection time using Lean Production. Compute the new throughput time and MCE. Complete this question by entering your answers in the tabs below. Required 1 Required 3 1-a. Compute the throughput time for each month. 1-b. Compute the manufacturing cycle efficiency (MCE) for each month. 1-c. Compute the delivery cycle time for each month. Note: Round your answers to 1 decimal place. Throughput Time Manufacturing Cycle Efficiency (MCE) Delivery Cycle Time Month 1 days % days Month 2 days % days Month 3 days % days Month 4 days days Show less
Expert Answer:
Answer rating: 100% (QA)
ANSWER Required 1 1a Compute the throughput time for each month Throughput time is the total time it takes for a product to move through the entire pr... 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
-
Tombro Industries is in the process of automating one of its plants and developing a flexible manufacturing system. The company is finding it necessary to make many changes in operating procedures....
-
Expected manufacturing costs for Imperial Data Devices are as follows: Variable Costs Fixed Costs per Month Direct material $8.00/unit Supervisory salaries $17,000 Direct labor 3.50/unit Factory...
-
Duncan Industries completed these transactions during July 2014. The terms of all credit sides tire 2/10, n/30 July 1 Purchased merchandise on credit from Beech Company, invoice dated June 30, terms...
-
A positive charge q = 2.60 C on a frictionless horizontal surface is attached to a spring of force constant k as in the figure shown below. When a charge of 42 = -8.350 C is placed 9.50 cm away from...
-
Below is a list of transactions completed by Recycled Fashion during 2024. Ignore GST. For each transaction, indicate (a) the section (i.e. operating, investing or financing) of the statement of cash...
-
On April 30, 2007 Hackman Corporation issued $1 million face value 12% bonds dated January 1, 2007, for $1,023,000 plus accrued interest. The bonds pay interest semiannually on June 30 and December...
-
A1500 kg aircraft going35 m/s collides with a2000 kg aircraft that is parked and they stick together after the collision and are going 15 m/s after the collision. If they skid for 106.8 m before...
-
Windsor Advertising was founded in January 2013. Presented below are adjusted and unadjusted trial balances as of December 31, 2020. WINDSOR ADVERTISING TRIAL BALANCE DECEMBER 31, 2020 Unadjusted Dr....
-
b) The variation of atomic mass as a function of atomic mass number A and proton number Z can be approximately described by the semi-empirical mass formula: m(A, Z) = ZmH + (A - Z)mn - aA + as A/ +...
-
On January 1, 2022, Halstead, Incorporated, purchased 71,000 shares of Sedgwick Company common stock for $1,554,000, giving Halstead 25 percent ownership and the ability to apply significant...
-
A loaded sled of mass 2 5 . 0 kg slides down a snow - covered hill at a constant speed of 2 . 4 0 m / s on an incline of 1 5 \ deg to the horizontal. Calculate the frictional force on the sled as it...
-
Copper is FCC with a cubic edge ( lattice constant ) of 0 . 3 6 nm , and each atom contributes one conduction electron. For bulk copper, the measured resistivity is 1 . 6 x 1 0 - 8 \ Omega - m . The...
-
An Olympic - class sprinter starts a race with an acceleration of 3 . 8 m / s 2 . What is her speed 2 . 6 s later in m / s ?
-
Identify an organizational policy that can have an effect on the planning and allocation of work
-
Why do markets typically lead to an efficient outcome for buyers and sellers?
-
How can you identify a real option in a decision tree?
-
In 2022, Costco Wholesale Corporation had a market capitalization of \($238\) billion, debt of \($6.5\) billion, cash of \($12\) billion, and EBIT of about \($8\) billion. If Costco were to increase...
-
In what circumstances does the real option add value?
Study smarter with the SolutionInn App