Castner Corporation is considering implementation of a JIT inventory system. The company's industrial engineer recently...
80.2K
Verified Solution
Link Copied!
Question
Accounting
Castner Corporation is considering implementation of a JIT inventory system. The company's industrial engineer recently conducted a study to determine the average number of days spent in each activity of the production process. The following table summarizes her findings:
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
c.
Calculate Castner's total cycle time.
Total cycle time
???days
d.
Determine Castner's manufacturing efficiency ratio. (Omit the "%" sign in your response.)
Manufacturing efficiency ratio
???? %
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
