MCE Craig, Inc., has provided the following information for one of its products for each hour of production: Actual velocity: 200 units (per hour) Move time: 11 minutes Inspection time: 12 minutes Rework time: 12 minutes 1. MCE is 0.42 2. What is the theoretical cycle time? Calculate MCE using actual and theoretical cycle times. If required, round your answers to two decimal places. Theoretical cycle time fill in the blank minutes Actual cycle time 0.3 minutes MCE fill in the blank

Cycle Time and Velocity Bemidii Company has the following data for one of its production departments: Theoretical velocity: 620 units per hour Productive minutes available per year: 31,000,000 Annual conversion costs: $186,000,000 Actual velocity: 310 units per hour Required: 1. Calculate the actual conversion cost per unit using actual cycle time and the standard cost per minute. Round your actual cycle time answer to three decimal places and your cost per unit answer to the nearest cent. Actual cycle time Standard cost per minute Conversion cost per unit 2. Calculate the ideal conversion cost per unit using theoretical cycle time and the standard cost per minute. If required, round your intermediate calculations and final answers to two decimal places. Theoretical cycle time minutes per unit per unit Conversion cost per unit What incentive exists for managers when cycle time costing is used? minutes per unit $ per minute per unit 3. What if the actual velocity is 434 units per hour?…

Could you please answer all the reuired fields correctly.

(Chapter 4: Process Improvement) Consider a process consisting of three resources. Assume the demand rate is 8 units/hour. The process activities are always performed in the following sequence. Resource 1 has a processing time of 5 minutes per unit. Resource 2 has a processing time of 4 minutes per unit. Resource 3 has a processing time of 6 minutes per unit. Resource 1 is staffed by worker A and A's wage rate is $13 per hour. Resource 2 is staffed by worker B and B's wage rate is $13 per hour. Resource 3 is staffed by worker C and C's wage rate is $20 per hour. If one additional worker could be hired, to which resource should this worker be assigned? Calculate the new process capacity in units/hr. O Assign the new worker to Resource 3. The process capacity is 12 units per hour. O Assign the new worker to Resource 3. The process capacity is 10 units per hour. O Assign the new worker to Resource 1. The process capacity is 20 units per hour. O Assign the new worker to Resource 2. The…

Menk Corporation has provided the following information: Cost per Unit Cost per Period Direct materials $ 6.80 Direct labor $ 3.80 Variable manufacturing overhead $ 2.00 Fixed manufacturing overhead $ 20,200 Sales commissions $ 0.50 Variable administrative expense $ 0.40 Fixed selling and administrative expense $ 10,100 Required: a. If 5,220 units are sold, what is the variable cost per unit sold? Note: Round "Per unit" answer to 2 decimal places. b. If 5,220 units are sold, what is the total amount of variable costs related to the units sold? c. If 5,220 units are produced, what is the total amount of manufacturing overhead cost incurred? a. Variable cost per unit sold b. Total variable costs c. Total manufacturing overhead cost

Log Cabins Unlimited constructs vacation houses in the North Carolina mountains. The company has developed the following value chart: a. How much of the total time is value-added time? ______ hours b. How much total time is spent performing non-value-added activities? ______ hours c. Calculate the manufacturing cycle efficiency of the process. Note: Round the percentage to one decimal point (i.e. show 14.445% as 14.4%). ______%

(answer in text form please (without image), Note: .Every entry should have narration please)

Lead time for one of your fastest-moving products is 24 days. Demand during this period averages 110 units per day. a) What would be an appropriate reorder point? units (enter your response as a whole number).

Management of Mittel Company wants to reduce the elapsed time from when a customer places an order to when it is shipped. It provided the following data for a recent quarter: Inspection time Wait time (from order to start of production) Process time Move time Queue time Required: 1. Compute the throughput time. Note: Round your answer to 1 decimal place. 1. Throughput time 2. Manufacturing cycle efficiency 3. Non-value-added throughput time 4. Delivery cycle time 5. New manufacturing cycle efficiency 2. Compute the manufacturing cycle efficiency (MCE) for the quarter. Note: Round your percentage answer to nearest whole percent. 3. What percentage of the throughput time was spent in non-value-added activities? Note: Round your percentage answer to nearest whole percent. 4. Compute the delivery cycle time. Note: Round your intermediate calculations and final answer to 1 decimal place. 5. If using Lean Production eliminates all queue time, what will be the new MCE? Note: Do not round…

Management of Mittel Company 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: Inspection time Wait time (from order to start of production) Process time Move time Queue time Required: 1. Compute the throughput time. (Round your answer to 1 decimal place.) 2. Compute the manufacturing cycle efficiency (MCE) for the quarter. (Round your percentage answer to nearest whole percent.) 3. What percentage of the throughput time was spent in non-value-added activities? (Round your percentage answer to nearest whole percent.) 4. Compute the delivery cycle time. (Round your intermediate calculations and final answer to 1 decimal place.) 5. If by using Lean Production all queue time during production is eliminated, what will be the new MCE? (Do not round intermediate calculations. Round your percentage answer to 1 decimal place.) 1. Throughput…