Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. exercise 10-3(algo) measures of internal business

Exercise 10-3(Algo) Measures of Internal Business Process Performance [LO10-3] EManagement of Mittel Rhein...

50.1K

Verified Solution

Question

Accounting

Exercise 10-3(Algo) Measures of Internal Business Process Performance [LO10-3]
EManagement of Mittel Rhein AG of Kln, Germany, would like to reduce the amount of time between when a customer places an order and when the order is shipped. For the first quarter of operations during the current year the following data were reported:
\table[[Inspection time,0.4 days],[Wait time (from order to start of production),16.4 days],[Process time,3.1 days],[Move time,1.3 days],[Queue time,3.8 days]]
Required:
Compute the throughput time. (Round your answer to 1 decimal place.)
Compute the manufacturing cycle efficiency (MCE) for the quarter. (Round your percentage answer to nearest whole percent.)
What percentage of the throughput time was spent in non-value-added activities? (Round your percentage answer to nearest whole percent.)
Compute the delivery cycle time. (Round your intermediate calculations and final answer to 1 decimal place.)
If by using Lean Production all queue time during production is eliminated, what will be the new MCE? (Round your percentage answer to 1 decimal place.)
\table[[1. Throughput time,,days],[2. Manufacturing cycle efficiency,,%
image

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students