During the most recent month at Schwab Corporation, queue time was 7.8 days, inspection time was 0.3 day, process time was 1.3 days, wait time was 9.7 days, and move time was 0.7 day.Required:a. Compute the throughput time.b. Compute the manufacturing cycle efficiency (MCE).c. What percentage of the production time is spent in non-value-added activities?d. Compute the delivery cycle time.
What will be an ideal response?
| a. | Throughput time |
= 1.3 days + 0.3 days + 0.7 days + 7.8 days = 10.1 days
| b. | MCE = Value-added time (Process time) ÷ Throughput time |
| c. | Percentage of time spent on non-value-added activities |
| d. | Delivery cycle time = Wait time + Throughput time |
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