Oakwood Company produces maple bookcases to customer order. It received an order
ID: 2466512 • Letter: O
Question
Oakwood Company produces maple bookcases to customer order. It received an order from a customer to produce 5,000 bookcases. The following information is available for the production of the bookcases.
Compute the company’s manufacturing cycle efficiency. (Round your answers to 1 decimal place.)
Oakwood believes it can reduce move time by 1.1 days and wait time by 2.5 days by adopting lean manufacturing techniques. Compute the company’s manufacturing cycle efficiency assuming the company’s predictions are correct.
Oakwood Company produces maple bookcases to customer order. It received an order from a customer to produce 5,000 bookcases. The following information is available for the production of the bookcases.
Explanation / Answer
Answer 1 The amount of time required to turn raw materials into completed product is called Manufacturing cycle time Manufacturing Cycle time = Process time + Inspection time + move time + Queue time Manufacturing Cycle time = 14.0 days + 0.8 days + 3.0 days + 0 days = 17.8 days Answer 2 Manufacturing cycle efficiency = Value added time / Manufacturing Cycle time Process time is the only value added time. Manufacturing cycle efficiency = 14.0 days / 17.8 days = 0.79 Answer 3 Reduction in move time by 1.1 days Hence Move time = 1.9 days Manufacturing Cycle time = Process time + Inspection time + move time + Queue time Manufacturing Cycle time = 14.0 days + 0.8 days + 1.9 days + 0 days = 16.7 days Manufacturing cycle efficiency = 14.0 days / 16.7 days = 0.84
Related Questions
Navigate
Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.