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Asked by Maritza Cabrera on Jul 26, 2024

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During the most recent month at Schwab Corporation, queue time was 7.8 days, inspection time was 0.3 day, process time was 1.3 days, wait time was 9.7 days, and move time was 0.7 day.Required:a. Compute the throughput time.b. Compute the manufacturing cycle efficiency (MCE).c. What percentage of the production time is spent in non-value-added activities?d. Compute the delivery cycle time.

Throughput Time

The complete duration needed to create a product, starting from the commencement of its production until it's finished.

Manufacturing Cycle Efficiency

A metric that evaluates the efficiency of a manufacturing process by comparing the value-added time to the total production time.

Queue Time

The duration that an item spends waiting to be processed or serviced in a system.

  • Calculate throughput time, manufacturing cycle efficiency (MCE), and delivery cycle time in the context of quality and performance management.
  • Identify non-value added activities in manufacturing and propose methods to reduce them.
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MG
Melissa GoldenJul 28, 2024
Final Answer :
a.Throughput time= Process time + Inspection time + Move time + Queue time= 1.3 days + 0.3 days + 0.7 days + 7.8 days = 10.1 daysb.MCE = Value-added time (Process time) ÷ Throughput time= 1.3 days ÷ 10.1 days = 0.13c.Percentage of time spent on non-value-added activities= 100% − MCE% = 100% − 13% = 87%d.Delivery cycle time = Wait time + Throughput time = 9.7 days + 10.1 days = 19.8 days

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