Problem 3-5 (Algo) Best Bicycles manufactures three different types of bikes: the Tiny Tike, the Adult Aero, and the Mountain Monger. Assume that Best Bicycles operates two shifts, each with 1,750 hours per year. Bike Tiny Tike Adult Aero Mountain Monger Demand Forecast Processing Time (minutes/unit) 29.3 23.8 15.3 (units/year) 45,630 44,800 24,800 Lot Size (of bikes) 26 20 32 Setup Time (minates/setup) 52 82 48 PictureClick here for the Excel Data File PLEASE NOTE: The Excel file shows the column C values for Processing time rounded to a whole minute. You'll get the answer wrong if you use this rounded value. In Excel, select cells C3 to CS and on the Home ribbon, in the Number section, click the Increase Decimal button. Calculate the required capacity for this year's production. Note that the times are given for assembly lines, so capacity calculations should be in terms of the number of lines necessary. (Round up your answer to the next whole number.)
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- 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: Inspection time 0.5 days Wait time (from order to start of production) 16.1 days Process time 2.6 days Move time 0.7 days Queue time 3.9 days 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? (Round…4. Manufacturing Cycle Efficiency CFA Company keeps careful track of the time related to orders and their production. During the most recent quarter, the following average times were recorded for each unit or order: Inspection time Process time Queue time Move time Wait time 2 days 4 days 6 days 8 days 10 days REQUIRED: A) How long in days is the manufacturing cycle time or throughput time? B) What is the manufacturing cycle efficiency ratio? C) What percentage of the production time is spent on non-value-added activities? D) How long in days is the delivery cycle time?4. CWD Business systems maintains a successful Telecom sales department for Top up call credit in which a clerk takes orders by telephone. If the clerk is occupied on one line, incoming phone calls to the department are answered automatically by an answering machine and asked to wait. As soon as the clerk is free, the party that has waited the longest is transferred and answered first. Calls come in at a rate of about 15 per hour. The clerk is capable of taking an order in an average of 3 minutes. Calls tend to follow a Poisson distribution, and service times tend to be exponential. The clerk is paid $15 per hour, but because of lost goodwill and sales, CWD loses about $30 per hour of customer time spent waiting for the clerk to take an order. Part B CWD is considering adding a second clerk to take calls. The store would pay that person the same $15 per hour. Using appropriate formula for the multiple channel model, answer the following questions: a. What is the probability that no…
- [The following information applies to the questions displayed below.] The following are the car repair shop data: TETE Ticket No. Work Ticket No. Work Ticket No. Work 1 Lube & oil 11 Battery 21 Battery Tires 2 Lube & oil 12 Tires 22 3 Brakes 13 Brakes 23 Brakes 4 Lube & oil 14 Transmission 24 Transmission Lube & oil 15 Brakes 25 Brakes Tires 16 Battery 26 Lube & oil 7 Tires 17 Brakes 27 Lube & oil 8. Brakes 18 Tires 28 Lube & oil 9. Brakes 19 Tires 29 Tires 10 Lube & oil 20 Lube & oil 30 Lube & oilThe Holt Million Corporation’s plant manufactures two different products: X and Y. The plant has three different machines: A, B, and C. Each performs different tasks and can work on only one unit of material at a time. Details for each product are shown in the table below: Product X Y Demand Per Week 200 units 100 units Selling Price $150 $160 Machine Operation Required A, B, C B, B, C Operation Times in Minutes 20, 15, 15 15, 15, 15 Raw Materials Needed RM-1, RM-2 RM-2, RM-3 Raw Materials Costs RM-1 = $40/unit, RM-2 or RM-3 = $20/unit Each product uses raw materials with costs as shown in the above table where the processing times and the machine required for each operation are also shown. Each machine is available 4,800 minutes per week. There are no system foul-ups. Demand is deterministic (i. e., no uncertainty). Operating expenses, including labor (but excluding raw materials) total $12,000 per week. Assuming…Explain why and how a firm measures process capacity ( briefly describe - minimum seven hundres words) Urgent need
- 19-33 Waiting times, manufacturing cycle times. The IVplast Corporation uses an injection molding ma- chine to make a plastic product, Z39, after receiving firm orders from its customers. IVplast estimates that it will receive 40 orders for Z39 during the coming year. Each order of Z39 will take 120 hours of machine time. The annual machine capacity is 6,800 hours. 1. Calculate (a) the average amount of time that an order for Z39 will wait in line before it is processed and (b) the average manufacturing cycle time per order for Z39.The Holt Million Corporation’s plant manufactures two different products: X and Y. The plant has three different machines: A, B, and C. Each performs different tasks and can work on only one unit of material at a time. Details for each product are shown in the table below: Product X Y Demand Per Week 200 units 100 units Selling Price $150 $160 Machine Operation Required A, B, C B, B, C Operation Times in Minutes 20, 15, 15 15, 15, 15 Raw Materials Needed RM-1, RM-2 RM-2, RM-3 Raw Materials Costs RM-1 = $40/unit, RM-2 or RM-3 = $20/unit Each product uses raw materials with costs as shown in the above table where the processing times and the machine required for each operation are also shown. Each machine is available 4,800 minutes per week. There are no system foul-ups. Demand is deterministic (i. e., no uncertainty). Operating expenses, including labor (but excluding raw materials) total $12,000 per week. Assuming…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 0.7 days Wait time (from order to start of production) 16.9 days Process time 2.7 days Move time 1.0 days Queue time 4.3 days 1. Compute the delivery cycle time. (Round your intermediate calculations and final answer to 1 decimal place.) 2. 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.)
- .A team of 10 unloaders is employed in good reception bay of a large warehouse. During an 8 hour day 40 lorries arrive and it takes the team 10 minutes to unload each lorry. Each team member is paid RM3 per hour and it costs RM10 per hour to keep lorries waiting. Studies show that increasing the team to 14 men would reduce the unloading time to 7 minutes. Would it be worthwhile increasing the team to 14?Determine the machine uptime. Machine 1 Operator CT = 44 sec C/O = 60 min Lot = 1000 pc Avail= 27600 sec Uptime = ? O 87% 90% O 100% O 70%Tica (Pty) Limited manufactures and sells combined fax and telephone answering machines. In order to tender for a specific contract, the technical team of the company has developed a new model called FINO. To date, two units of FINO have been manufactured and are being used as demonstration models. The following information is available: Direct labour hours taken to manufacture the first two units: Hours First unit 60 Second unit 48 The following average direct variable costs relate to the manufacture of the first two units of FINO: R/unit Material 620 Labour 440Variable overheads 324 1384 · Since the first two units were manufactured, material costs have increased by 10% and labour costs by 5%. · Variable overheads – variable per…