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Dataspan, Incorporated, automated its plant at the start current year and installed a flexible manufacturing system. The company is also evaluating its suppliers and moving toward Lean Production. Many adjustment problems have been encountered, including problems relating to performance measurement. After much study, the company has decided to use the performance measures below, and it has gathered data relating to these measures for the first four months of operations.

Dataspan, Incorporated, automated its plant at the start current year and installed a flexible manufacturing system. The company is also evaluating its suppliers and moving toward Lean Production. Many adjustment problems have been encountered, including problems relating to performance measurement. After much study, the company has decided to use the performance measures below, and it has gathered data relating to these measures for the first four months of operations.

Intermediate Accounting: Reporting And Analysis
Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter17: Advanced Issues In Revenue Recognition
Section: Chapter Questions
Problem 21GI: Describe input and output methods used to measure progress over time for performance obligations...
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The Throughput Time measure displays The Delivery cycle time measure displays Manufacturing cycle efficiency measure displays trends trends trends
Transcribed Image Text:The Throughput Time measure displays The Delivery cycle time measure displays Manufacturing cycle efficiency measure displays trends trends trends
DataSpan, Incorporated, automated its plant at the start of the current year and installed a flexible manufacturing system. The company is also evaluating its suppliers and moving toward Lean Production. Many adjustment problems have been encountered, including problems relating to performance measurement. After much study, the company has decided to use the performance measures below, and it has gathered data relating to these measures for the first four months of operations. Throughput time (days) Delivery cycle time (days) Manufacturing cycle efficiency (MCE) Percentage of on-time deliveries Total sales (units) 1 ? ? Move time per unit Process time per unit Wait time per order before start of production Queue time per unit Inspection time per unit 2 Month 3 ? ? ? ? ? ? ? 91% 86% 82% 3,030 2,900 2,752 4 ? ? ? 78% 2,649 Management has asked for your help in computing throughput time, delivery cycle time, and MCE. The following average times have been logged over the last four months: Average per Month (in days) 1 4 2 0.7 0.9 2.9 2.8 19.0 20.8 4.4 5.1 0.7 0.9 3 0.9 2.7 23.0 5.9 0.9 0.9 2.6 24.8 6.8 0.7
Transcribed Image Text:DataSpan, Incorporated, automated its plant at the start of the current year and installed a flexible manufacturing system. The company is also evaluating its suppliers and moving toward Lean Production. Many adjustment problems have been encountered, including problems relating to performance measurement. After much study, the company has decided to use the performance measures below, and it has gathered data relating to these measures for the first four months of operations. Throughput time (days) Delivery cycle time (days) Manufacturing cycle efficiency (MCE) Percentage of on-time deliveries Total sales (units) 1 ? ? Move time per unit Process time per unit Wait time per order before start of production Queue time per unit Inspection time per unit 2 Month 3 ? ? ? ? ? ? ? 91% 86% 82% 3,030 2,900 2,752 4 ? ? ? 78% 2,649 Management has asked for your help in computing throughput time, delivery cycle time, and MCE. The following average times have been logged over the last four months: Average per Month (in days) 1 4 2 0.7 0.9 2.9 2.8 19.0 20.8 4.4 5.1 0.7 0.9 3 0.9 2.7 23.0 5.9 0.9 0.9 2.6 24.8 6.8 0.7
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