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Management of Mittel Company would like to reduce the amount of time between when a...

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Accounting

Management of Mittel Company 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: Inspection time 0.7 days Wait time (from order to start of production) 15.4 days Process time 2.8 days Move time 0.6 days Queue time 4.0 days Required: 1. Compute the throughput time. (Round your answer to 1 decimal place.) 2. Compute the manufacturing cycle efficiency (MCE) for the quarter. (Round your percentage answer to nearest whole percent.) 3. What percentage of the throughput time was spent in nonvalue-added activities? (Round your percentage answer to nearest whole percent.) 4. Compute

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