In: Accounting
MCE
Craig, Inc., has provided the following information for one of its products for each hour of production:
Actual velocity: 100 units (per hour) |
Move time: 11 minutes |
Inspection time: 14 minutes |
Rework time: 11 minutes |
Required:
1. Calculate MCE. If required, round your answer to two decimal places.
__________
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 | minutes | |
Actual cycle time | minutes | |
MCE |
3. What if waste is
reduced by 45 percent?
New waste = ________ minutes
What is the new MCE? If required, round your answer to two decimal places.
What is the new cycle time?
________ minutes