Compute Lead Time Jackson Fabricators Inc. machines metal parts for the automotive industry. Under the...

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Compute Lead Time Jackson Fabricators Inc. machines metal parts for the automotive industry. Under the traditional manufacturing approach, the parts are machined through two processes miling and finishing Parts are produced in batch sizes of 75 parts. A part requires 4 minutes in miling and 10 minutes in finishing. The move time between the two operations for a complete batch is 11 minutes Under the lean philosophy, the part is produced in a cell that includes both the miling and finishing operations. The operating time is unchanged; however, the batch size Is reduced to 5 parts and the move time is eliminated. Determine the value-added, non-value-added, and total lead times, and the value-added ratio under the traditional and lean manufacturing methods. If required, round percentages to one decimal place. Traditional Philosophy Lean Manufacturing Philosophy Value-added time 14 min 14 min Non-value-added time 1,047 min X min 1,061 min X min Value-added ratio (as a percent) X Total lead time X My Wor Recall that lead time can be classified as one of the following 1. Value-added lead time, which is the time spent in converting raw materials into a finished unt of product. 2. Non-value-added lead time, which is the time spent while the unit of product is waiting to enter the next production process or is moved from one process to another In this exercise for Traditional Value-added processing time. Milling time Finishing time Non-value-added time - Total within-batch wait time + Mover time, where Total Within-Batch Wait Time (Total Time to perform Operations) x (Batch Size - 1) Add value-added processing time and non-value-added processing time to obtain total processing time Calculate Value Added Ratio - Value Added Process Time Total Process Time

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