Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. exercise 12-3(algo) measures of internal business

Exercise 12-3(Algo) Measures of Internal Business Process Performance [L012-3] Management of Mittel Company wants...

70.2K

Verified Solution

Question

Accounting

Exercise 12-3(Algo) Measures of Internal Business Process Performance [L012-3]
Management of Mittel Company wants to reduce the elapsed time from when a customer places an order to when it is shipped. It provided the following data for a recent quarter:
\table[[Inspection time,0.4 day],[Wait time (from order to start of production),16.5 days],[Process time,3.1 days],[Move time,0.6 day],[Queue time,4.5 days]]
Required:
Compute the throughput time.
Note: Round your answer to 1 decimal place.
2. Compute the manufacturing cycle efficiency (MCE) for the quarter.
Note: Round your percentage answer to nearest whole percent.
3. What percentage of the throughput time was spent in non-value-added activities?
Note: Round your percentage answer to nearest whole percent.
4. Compute the delivery cycle time.
Note: Round your intermediate calculations and final answer to 1 decimal place.
5. If using Lean Production eliminates all queue time, what will be the new MCE?
Note: Do not round intermediate calculations. 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

Statistics
1.2K views

A probability and statistics professor surveyed 11 students in her​ class, asking them questions about their...

Electrical Engineering
1.2K views

Automotive charging systems, Automotive starting systems (Canvas). Draw and label a starting and charging circuit.

Physics
1.2K views

A 2uF capacitor is charged to 100 V After disconnecting the battery a 20 mH...

Basic Math
1.2K views

Which one of these statements is NOT an example of a straw man null hypotheses...

Algebra
1.2K views

Choose all of the following statements that apply to the graph o f x 3x...

Accounting
1.2K views

The European Union has its own currency, the EURO. Years ago, when you...

Accounting
1.2K views

Edward purchased a new piece of equipment to be used in its new facility. The...

Accounting
1.2K views

Table 1A.1.1 shows PERT values for the various work packages that ase invole in the...

Accounting
1.2K views

Monty Company has hired a consultant to propose a way to increase the company's revenues....

Accounting
1.2K views

Why do companies that prepare a budgeted income statement also prepare a cash budget? ...

Finance
1.2K views

commission cost for selling and buying the shares came to $146. Determine your profit or...

Finance
1.2K views

A car salesman offered Meghan the following two options to own a car that she...