Question: Cycle Time and Velocity
In the first quarter of operations, a manufacturing cell produced 80,000 stereo speakers, using 20,000 production hours. In the second quarter, the cycle time was 10 minutes per unit with the same number of production hours as were used in the first quarter.
Required: 1. Compute the velocity (per hour) for the first quarter.
2. Compute the cycle time for the first quarter (minutes per unit produced).
3. How many units were produced in the second quarter?