Question 1) Question 2)

Inspection time Wait time (from order to start of production) Process time Move time Queue time 0.2 days 15.3 days 2.7 days 1.4 days 4.0 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? (Do not round intermediate calculations. Round your percentage answer to 1 decimal place.) days 1. Throughput time 2. Manufacturing cycle efficiency 3. Non-value-added throughput time 4. Delivery cycle time % days A family friend has asked your help in analyzing the operations of three anonymous companies operating in the same service sector industry. Supply the missing data in the table below: (Loss amounts should be indicated by a minus sign. Round your percentage answers to nearest whole percent and other amounts to whole dollars.) nies operating in the same servicerectie 390,000 Company B 820,000 37,000 $ $ 700,000 $ | $ $ 155,000 Sales Net operating income Average operating assets Return on investment (ROI) Minimum required rate of return: Percentage Dollar amount 161,000 19 % 19% 13% 12 % $ 58,000 Residual income $ 4,000