Schlarbaum Corporation's management keeps track of the time it takes to process orders. During the...
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Accounting
Schlarbaum Corporation's management keeps track of the time it takes to process orders. During the most recent month, the following average times were recorded per order: Wait time Inspection time Process time Move time Queue time Days 12.2 0.6 2.8 0.8 3.9 Required: a. Compute the throughput time. (Round your answer to 1 decimal places.) b. Compute the manufacturing cycle efficiency (MCE). (Do not round intermediate calculations. Round your answer to nearest whole percentage.) C. What percentage of the production time is spent in non-value-added activities? (Round your intermediate calculations and final answer to nearest whole percentage.) d. Compute the delivery cycle time. (Round your answer to 1 decimal place.) a. Throughput time b. MCE days % % c. Percentage of non-value-added activities d. Delivery cycle time days
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