Niemiec Corporation keeps careful track of the time required to fill orders. The
ID: 2473946 • Letter: N
Question
Niemiec Corporation keeps careful track of the time required to fill orders. The times recorded for a particular order appear below:
The manufacturing cycle efficiency (MCE) was closest to: (Round your intermediate calculation and final answer to 2 decimal places.)
0.03
0.17
0.93
0.09
Aide Industries is a division of a major corporation. Data concerning the most recent year appears below:
The division's return on investment (ROI) is closest to: (Round your answer to 2 decimal places.)
2.20%
5.20%
19.55%
15.70%
Niemiec Corporation keeps careful track of the time required to fill orders. The times recorded for a particular order appear below:
Explanation / Answer
The manufacturing cycle efficiency (MCE):
MCE = Value-added time / Throughput time
=1.4/16=0.0875
Value-added time=Process time=1.4
throught put time=move time+Queue time+process time+Inspection time =1.7+12.6+1.4+0.3=16
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