Wolk Corporation is a highly automated manufacturing firm. The
vice president of finance has decided that traditional standards
are inappropriate for performance measures in an automated
environment. Labor for this company is insignificant in terms of
the total cost of production and tends to be fixed, material
quality is considered more important than minimizing material cost,
and customer satisfaction is the number one priority. As a result,
delivery performance measures have been chosen to evaluate
performance. The following information is considered typical of the
time involved to complete customer orders.
From time order is placed to time order received by manufacturing
10.0 days
From time order is received by manufacturing to time production
begins 5.0 days
Inspection time 1.5 days
Process (manufacturing) time 3.0 days
Delivery time 4 days
Move time 2.5 days
A. What is the Customer Response Time (CRT)?
B. What is the Manufacturing Cycle Efficiency?
C. What is the order receipt time?
D. What is the Manufacturing wait time?
E. What is the Manufacturing lead time?
ans 1 Customer response time=Receipt time+manufacturing cycle time+delivery time | |||||
10+12+4 | 26 | days | |||
ans 2 | |||||
Manufacturing cycle efficiency | |||||
Process time/Throughput time | |||||
3/12*100 | 25 | % | |||
working :Throughput time=Process+Inspection+Move+queue | |||||
3+1.5+2.5+5 | 12 | days | |||
ans 3 Order receipt time | 10 | days | |||
time order is placed to time order received by manufacturing | |||||
ans 4 Manufacturing wait timr | 5 | days | |||
Time order is received by manufacturing to time production begins | |||||
ans 5 Manufacturing lead time | 8 | days | |||
wait time+process time | |||||
5+3 | |||||
If any doubt please comment | |||||
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