Determine the delivery cycle time, Accounting Basics

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Determine the delivery cycle time

Management of Mittel Rhein AG of Köln, 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:

Inspection time 0.3 days
Wait time (from order to start of production) 16.8 days
Process time 2.8 days
Move time 0.9 days
Queue time 4.2 days

1. Compute the throughput time. (Round your answer to 1 decimal place.)
2. Compute the manufacturing cycle efficiency (MCE) for the quarter. (Round your answer to 2 decimal places.)
3. What percentage of the throughput time was spent in non-value-added activities? (Round your answer to the nearest whole number. Omit the "%" sign in your response.)
4. Compute the delivery cycle time.(Round your answer to 1 decimal place.)
5. If by using Lean Production all queue time during production is eliminated, what will be the new MCE? (Round your answer to 3 decimal places.)

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Accounting Basics: Determine the delivery cycle time

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Accounting Basics: Determine the delivery cycle time

Reference No:- TGS0705626

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Recent Questions Asked Accounting Basics

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Accounting Basics: Determine the delivery cycle time

Reference No:- TGS0705626

Recent Questions Asked Accounting Basics

Q : Service cost component of pension expense

Q : What annual net cash inflow must store generate for linda

Q : Shares of its own common stock

Q : Compute profit margin and turnover

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