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Oakwood Company produces maple bookcases to customer order. The following inform

ID: 2441126 • Letter: O

Question

Oakwood Company produces maple bookcases to customer order. The following information is available for the production of a recent order of the bookcases Process time Inspection time Move time Wait time 6.0 days 0.8 days 3.2 days 5.0 days Required 1. Compute the company's manufacturing cycle time. es 2.Compute the company's manufacturing cycle efficiency 3. Management believes it can reduce move time by 1.2 days and wait time by 2 8 days by adopting lean manufacturing techniques Compute the company's manufacturing cycle efficiency assuming the company's predictions are correct Complete this question by entering your answers in the tabs below. Required 1Required 2 Required 3 Commite the company's manufacturing cycle time. (Round your answers to 1 decirmal place.)

Explanation / Answer

Answers

Process Time

6

Inspection Time

0.8

Move Time

3.2

Wait Time

5

Manufacturing Cycle Time

15 days

Process time is the time involving Value addition

Numerator

/

Denominator

=

Manufacturing Cycle Efficiency

Process Time

/

Manufacturing Cycle Time

=

Manufacturing Cycle Efficiency

6

/

15

=

0.4

Working

Process Time

6

Inspection Time

0.8

Move Time

2

Wait Time

2.2

Manufacturing Cycle Time

11

Answer, rounded off to 1 decimal

Numerator

/

Denominator

=

Manufacturing Cycle Efficiency

Process Time

/

Manufacturing Cycle Time

=

Manufacturing Cycle Efficiency

6

/

11

=

0.5

Process Time

6

Inspection Time

0.8

Move Time

3.2

Wait Time

5

Manufacturing Cycle Time

15 days