Smithton Industries makes and sells outdoor canvas canopies. The selling price of each canopy is...
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Accounting
Smithton Industries makes and sells outdoor canvas canopies. The selling price of each canopy is $499. Smithton has provided you with the following timeline information on an order it received for twelve canopies. Hours .50 Order processed 12.00 Lag time before production begins .25 Materials moved to production floor from warehouse 6.00 Assembly of product .20 Materials moved within assembly from operation to operation 3.00 Lag time between assembly and packaging .60 Load and ship canopies Time in transit to customers 3.25 Required: a. Calculate the delivery cycle time. b. Calculate the manufacturing cycle time. c . Calculate the manufacturing cycle efficiency


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