Waymouth Manufacturing operates a contract manufacturing plant located in Dublin, Ireland. The plant provides a variety of electronics products and components to consumer goods manufacturers around the world. Cycle time is a critical success factor for Waymouth, which has developed a number of measures of manufacturing speed. Waymouth has studied the matter and found that competitive contract manufacturers have manufacturing cycle times (MCE) of about 35%. When last calculated, Waymouth’s MCE was 32%. Key measures from the recent month’s production, averaged over all the jobs during that period, are as follows: Activity Average Time (hours) New product development 24.0 Materials handling 0.5 Order setup 4.5 Machine maintenance 1.5 Order scheduling 16.0 Inspection of completed order 1.0 Pack and move to storage or ship 0.5 Manufacturing assembly 3.0 Order taking and checking 0.5 Receiving and stocking raw materials 1.0 Inspection of raw materials at start of production 3.0 Required: Determine the manufacturing cycle efficiency (MCE) for the recent month. (Round your answer to 1 decimal place (i.e. .123 = 12.3%).)
Waymouth Manufacturing operates a contract manufacturing plant located in Dublin, Ireland. The plant provides a variety of electronics products and components to consumer goods manufacturers around the world. Cycle time is a critical success factor for Waymouth, which has developed a number of measures of manufacturing speed. Waymouth has studied the matter and found that competitive contract manufacturers have manufacturing cycle times (MCE) of about 35%. When last calculated, Waymouth’s MCE was 32%. Key measures from the recent month’s production, averaged over all the jobs during that period, are as follows: Activity Average Time (hours) New product development 24.0 Materials handling 0.5 Order setup 4.5 Machine maintenance 1.5 Order scheduling 16.0 Inspection of completed order 1.0 Pack and move to storage or ship 0.5 Manufacturing assembly 3.0 Order taking and checking 0.5 Receiving and stocking raw materials 1.0 Inspection of raw materials at start of production 3.0 Required: Determine the manufacturing cycle efficiency (MCE) for the recent month. (Round your answer to 1 decimal place (i.e. .123 = 12.3%).)
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
Related questions
Question
Waymouth Manufacturing operates a contract manufacturing plant located in Dublin, Ireland. The plant provides a variety of electronics products and components to consumer goods manufacturers around the world. Cycle time is a critical success factor for Waymouth, which has developed a number of measures of manufacturing speed. Waymouth has studied the matter and found that competitive contract manufacturers have manufacturing cycle times (MCE) of about 35%. When last calculated, Waymouth’s MCE was 32%.
Key measures from the recent month’s production, averaged over all the jobs during that period, are as follows:
| Activity | Average Time (hours) |
|---|---|
| New product development | 24.0 |
| Materials handling | 0.5 |
| Order setup | 4.5 |
| Machine maintenance | 1.5 |
| Order |
16.0 |
| Inspection of completed order | 1.0 |
| Pack and move to storage or ship | 0.5 |
| Manufacturing assembly | 3.0 |
| Order taking and checking | 0.5 |
| Receiving and stocking raw materials | 1.0 |
| Inspection of raw materials at start of production | 3.0 |
Required:
Determine the manufacturing cycle efficiency (MCE) for the recent month. (Round your answer to 1 decimal place (i.e. .123 = 12.3%).)
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 2 steps with 1 images
Recommended textbooks for you
Practical Management Science
Operations Management
ISBN:
9781337406659
Author:
WINSTON, Wayne L.
Publisher:
Cengage,
Operations Management
Operations Management
ISBN:
9781259667473
Author:
William J Stevenson
Publisher:
McGraw-Hill Education
Operations and Supply Chain Management (Mcgraw-hi…
Operations Management
ISBN:
9781259666100
Author:
F. Robert Jacobs, Richard B Chase
Publisher:
McGraw-Hill Education
Practical Management Science
Operations Management
ISBN:
9781337406659
Author:
WINSTON, Wayne L.
Publisher:
Cengage,
Operations Management
Operations Management
ISBN:
9781259667473
Author:
William J Stevenson
Publisher:
McGraw-Hill Education
Operations and Supply Chain Management (Mcgraw-hi…
Operations Management
ISBN:
9781259666100
Author:
F. Robert Jacobs, Richard B Chase
Publisher:
McGraw-Hill Education
Purchasing and Supply Chain Management
Operations Management
ISBN:
9781285869681
Author:
Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:
Cengage Learning
Production and Operations Analysis, Seventh Editi…
Operations Management
ISBN:
9781478623069
Author:
Steven Nahmias, Tava Lennon Olsen
Publisher:
Waveland Press, Inc.