Question: Revise the data in your worksheet as follows: data wait time 3.0 hours Process time 4.0 hours Inspection time 0.3 hours Move time 1.3 hours

Revise the data in your worksheet as follows:

data

wait time 3.0 hours

Process time 4.0 hours

Inspection time 0.3 hours

Move time 1.3 hours

Queue time 1.7 hours

If your formulas are correct, you should get the correct answers to the following questions.

a. What is the throughput time?

b. What is the manufacturing cycle efficiency (MCE)? (Round your answer to 2 decimal places.)

c. What is the delivery cycle time?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Q:

Question 8 (5 points) The standards for direct materials in making a certain product are 20 pounds at $0.5 per pound. During the past period, 56,000 units of product were made and the materials...

Q:

Question 27 (5 points) The standards for direct materials in making a certain product are 20 pounds at $0.5 per pound. During the past period, 52,000 units of product were made and the materials...

Q:

Ebsen Corporation keeps careful track of the time required to fill orders. Data concerning a particular order appear below: Wait time 16.2 hours Process time 1.6 hours Inspection time 0.4 hours Move...

Q:

ABC 1 2 3 4 5 6 7 8 Chapter 12: Applying Excel Data Wait time 1.4 hours Process time 3.3 hours Inspection time 0.4 hours Move time 1.3 hours If your formulas are correct, you should get the correct...

Q:

1. A division in ABC Co. had the following financial data for March 2019: sales $9,000,000, average operating assets $3,000,000, return on investment 18%, minimum required rate of return 16%. What...

Q:

Question 5 (5 points) The Consumer Products Division of Mickolick Corporation had average operating assets of $470,000 and net operating income of $40,000 in August. The minimum required rate of...

Q:

Roberts corporation keeps careful track of the time required to fill orders. Data concerning a particular order appears below: Question 8 Not yet answered Roberts Corporation keeps careful track of...

Q:

Bighorn Corporation keeps careful track of the time required to fill orders. Data concerning a particular order appear below. Calculate: 1. Delivery cycle time 2. Throughput time 3. Manufacturing...

Q:

Galanis Corporation keeps careful track of the time required to fill orders. Data concerning a particular order appear below: Calculate the throughput time and Manufacturing Cycle Efficiency for this...

Q:

Ricric Corporation has provided the following data for one of its products: Process time 3.0 days Queue time 4.0 days Inspection time 0.7 days Move time 0.3 days Wait time 9.0 days The delivery cycle...

Q:

Question 3. XYZ Berhad, a manufacturing company, incurred the following expenses during the year ended 31 August 2020: Cost of land Stamp duty on purchase of land Legal charges on S&P Agreement Cost...

Q:

A man pulled an 11.0 kg object 14.2 cm vertically with his teeth. (a) How much work (in J) was done on the object by the man in this lift, assuming the object was lifted at constant velocity?...

Q:

A parent company owns 8 0 % of the common stock of its subsidiary. During the current year, the parent purchases an additional 1 0 % interest from non - controlling shareholders. This cash...

Q:

Last year, East Corporation reported basic and diluted EPS in an amount less than basic EPS due to outstanding stock options. Those options were excercised on January 1 of the current year. 9 During...