Identify castnerrsquos value-added production


Production Activity Number of Days

Inspecting materials . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3

Storing materials . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17

Moving materials into production . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3

Setting up production equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2

Cutting materials . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6

Bending materials . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5

Assembling finished products . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9

Painting finished products . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5

Instructions

a. Identify Castner’s value-added production activities.

b. Identify Castner’s non-value-added production activities.

c. Calculate Castner’s total cycle time.

d. Determine Castner’s manufacturing efficiency ratio.

e. Which of the above activities might be reduced or eliminated if Castner implemented a JIT system?

f. What ethical issues might be related to eliminating some of the non-value-added activities?

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Financial Accounting: Identify castnerrsquos value-added production
Reference No:- TGS01148550

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