Flom corporation is considering the implementation of a JIT inventory system. Th

Question

Flom corporation is considering the implementation of a JIT inventory system. The company recently analyzed the cycle time to determine the number of days spent in each activity of its production process. A summery
of the analysis:
Production activity
Recieving materials 3 days
inspecting materials 3 days
storing materials 10 days
moving materials into production 3 days
setting up production equipment 4 days
cutting materials 3 days
assembling materials 5
painting finished product 2
packaging finished products 1

Flom's total manufacturing cycle time is ?? days.

Flom's Manufacturing efficiency ratio is ?? %

If Flom were to eliminate receiving materials, inspecting materials and storing materials from its cycle, the total manufacturing cycle would be ?? days and its manufacturing efficiency ratio would become %??

Explanation / Answer

whats have to find

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