Vernon Inc. has analyzed the setup time on its computer$-$controlled lathe. The setup requires changing the type of fixture that holds

Turn off machine and remove fixture from lathe

Go to tool room with fixture

Record replacement of fixture to tool room

Return to lathe

Clean lathe

Return to tool room

Record withdrawal of new fixture from tool room

Return to lathe

Install new fixture and turn on machine

Total setup time

$15$ minutes

$15$

$18$

$20$

$20$

$20$

$12$

$15$

$5$

$140$ minutes

a$.$ A company plans to setup a machine to increase the productivity. The average setup time is $140$ minutes. Do you think the manage

a$.$ Yes

b$.$ No

Reason:

a$.$ The setup time is not a concern of the company as it is not related to productivity of the company.

b$.$ The setup time should be considered because long setup time leads to increased economic cost of the setup.

c$.$ The cost incurred for setup can be ignored as it is related to machinery.

d$.$ Long setup cost can be recovered as depreciation.

b$.$

A company plans to setup a machine to increase the productivity. The average setup time is $140$ minutes. The company wishes to contrc

a$.$ Identify the wait time and non$-$value$-$added time and eliminate that with effective planning so that the setup time can be reduced.

b$.$ Identify the machine that has less setup time.

c$.$ Identify the laborers are contributing less to the setup process and eliminate them from the process.

d$.$ None of the above.

$v$