FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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For a typical order, assume the following times (in hours): storage time (in between processes),
5.0; inspection time, 1.0; move time (from process to process), 2.0; and manufacturing (processing) time, 8.0. Given this information, what is the manufacturing cycle efficiency (%), rounded
to 1 decimal place (e.g., 45.156% = 45.2%)? (Hint: Refer to Exhibit 14.14 and accompanying
discussion.)
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