Management of Mittel Rhein AG of Kln, Germany, would like to reduce the amount of...
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Accounting
Management of Mittel Rhein AG of Kln, 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 Wait time (from order tostart of production) Process time 0.3 day 15.7 days 3.3 days 0.8 day 4.1 days Move time Queue time Required: 1.Compute the throughput time. (Round your awer to 1 decimal place.) t tme 8.5 days 2. Compute the manufacturing cycle efficiency (MCE) for the quarter. (Round your percentage answer to nearest whole percent.) 3. What percentage of the throughput time was spent in non-value-added activities? (Round your percentage answer to nearest whole percent.) time 601% 4. Compute the delivery cycle time. (Round your intermediate calculations and final answer to 1 decimal place.) 24.2 days time 5. If by using Lean Production all queue time during production is eliminated, what will be the new MCE? (Do not round intermediate calculations. Round your percentage answer to nearest whole percent.)
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