Question: You have been analyzing one value stream and have discovered the following: Category Minutes average cycle time 4 5 0 business value add 3 0

You have been analyzing one value stream and have discovered the following:
Category Minutes
average cycle time 450
business value add 30
documentation 20
inspection 15
lunch 60
non-value add 375
value add 45
What is the value add percentage?

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 General Management Questions!

Q:

You have been analyzing one value stream and have discovered the following: Category Minutes average cycle time 4 5 0 business value add 3 0 documentation 2 0 inspection 1 5 lunch 6 0 non - value add...

Q:

You have been analyzing one value stream and have discovered the following: Category Minutes average cycle time 7 5 0 business value add 7 5 documentation 2 0 inspection 3 0 lunch 3 0 non - value add...

Q:

You have been analyzing one value stream and have discovered the following: Category Value annual demand in units 76,375 available time in minutes per day 860 overall equipment effectiveness 82%...

Q:

You have been analyzing one value stream and have discovered the following: Category Value one meal per shift in minutes 4 5 each shift overall equipment effectiveness 7 8 % process cycle time in...

Q:

You have been analyzing one value stream and have discovered the following: Category Value one meal per shift in minutes 45 each shift overall equipment effectiveness 78% process cycle time in...

Q:

Company XYZ produces and sells a single product that has a selling price of $ 3 0 per unit. The variable cost per unit is $ 1 0 , and the company's fixed costs are $ 5 0 , 0 0 0 . How many units must...

Q:

You have been analyzing one value stream and have discovered the following: Category one meal per shift in minutes overall equipment effectiveness 8 2 % process cycle time in minutes 1 0 each item...

Q:

The fact that processes tend to be dynamic, rather than static, is a key principle of statistical thinking. Which of the following is a natural consequence of this fact? Viewing a business as a...

Q:

Copyright 2015 by the Indian Institute of Management Bangalore. No part of the publication may be reproduced or Imnsrnitted in any form or by any means electronic, mechanical, photocopying,...

Q:

Welcome! Please read this page very carefully. Instructions You need to understand how to send your assignments (deliverables) to your instructor. The tabs (bottom of each sheet) in this document...

Q:

How many products are capable of being formed from toluene in each of the following reactions? (a) Mononitration (HNO3, H2SO4, 40C). (b) Dinitration (HNO3, H2SO4, 80C). (c) Trinitration (HNO3, H2SO4,...

Q:

A one year discount bond with a face value of $1,000 for $890. What is the yield on a discount basis? If it matures in three years. What would be its YTM?

Q:

An instrument is not negotiable if it conditions its terms on the occurrence or nonoccurrence of some other event or agreement.

Q:

Cost of preferred stock Taylor Systems has just issued preferred stock. The stock has a 12% annual dividend and a $100 par value and was sold at $97.50 per share. In addition, flotation costs of...