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or a typical order, assume the following times (in hours): storage time (in between processes), 4.0; inspection time, 2.0; move time (from process to process), 3.0; and manufacturing (processing) time, 6.0. Given this information, what is the manufacturing cycle efficiency (%)? (Hint: Refer to Exhibit 14.14.) (Round your answer to 1 decimal place. (e.g., 32.463% = 32.5%))

or a typical order, assume the following times (in hours): storage time (in between processes), 4.0; inspection time, 2.0; move time (from process to process), 3.0; and manufacturing (processing) time, 6.0. Given this information, what is the manufacturing cycle efficiency (%)? (Hint: Refer to Exhibit 14.14.) (Round your answer to 1 decimal place. (e.g., 32.463% = 32.5%))

Managerial Accounting: The Cornerstone of Business Decision-Making
Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Chapter11: Performance Evaluation And Decentralization
Section: Chapter Questions
Problem 12MCQ: (Appendix 11A) The length of time it takes to produce a unit of output from the time raw materials...
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For a typical order, assume the following times (in hours): storage time (in between processes), 4.0; inspection time, 2.0; move time (from process to process), 3.0; and manufacturing (processing) time, 6.0. Given this information, what is the manufacturing cycle efficiency (%)? (Hint: Refer to Exhibit 14.14.) (Round your answer to 1 decimal place. (e.g., 32.463% = 32.5%))

EXHIBIT 14.14 Model of Customer-Response Time (CRT) Customer Order Order places Order manufactured: delivered received by manufacturing order for Order is Product becomes to product set up finished good customer Manufacturing time Waiting time Receipt Delivery Manufacturing lead time time time Customer-response time *Also called processing time. TAlso called manufacturing (production) cycle time.
Transcribed Image Text:EXHIBIT 14.14 Model of Customer-Response Time (CRT) Customer Order Order places Order manufactured: delivered received by manufacturing order for Order is Product becomes to product set up finished good customer Manufacturing time Waiting time Receipt Delivery Manufacturing lead time time time Customer-response time *Also called processing time. TAlso called manufacturing (production) cycle time.
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