Answered: Inspection time.... Wait time (from…

Principles of Cost Accounting

17th Edition

ISBN:9781305087408

Author:Edward J. Vanderbeck, Maria R. Mitchell

Publisher:Edward J. Vanderbeck, Maria R. Mitchell

Chapter6: Process Cost Accounting—additional Procedures; Accounting For Joint Products And By-products

Section: Chapter Questions

Problem 6Q: Why might the total number of units completed during a month plus the number of units in process at...

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Measures of Internal Business Process Performance

Management of Mittel Rhein AG of Köln, Germany, would like to reduce the amount of time between when a customer places an order and when the order is shipped. For the first quarter of operations during the current year the following data were reported:

Required:

1. Compute the throughput time.

2. Compute the manufacturing cycle efficiency (MCE) for the quarter.

3. What percentage of the throughput time was spent in non-value-added activities?

4. Compute the delivery cycle time.

5. If by using Lean Production all queue time during production is eliminated, what will be the new MCE?

Inspection time....
Wait time (from order to start of production)
Process time..
Move time
Queue time.
0.3 days
14.0 days
2.7 days
1.0 days
5.0 days

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