List and briefly explain the five (5) kinds of time that make up production cycle time

Solutions

Expert Solution

Production cycle also known as manufacturing cycle or throughput time refers to the time period which is spent to transform the raw material into finished goods. In other words it is the time period right from the start of manufacturing to the dispatching of finished product.

It involves : Process time, Move time, Inspection time, Queue time,

Process time : It is the time utilised in the process involved in actually manufacturing of the product.

Move time : The time consumed in moving or transferring the product from one workstation to other workstation.

Inspection time : The time utilised in checking, evaluating and validating whether the product is produced viably without any scope of defects.

Queue time or Idle time : It refers to the idle time that the product spends waiting in between of processing , movement, inspection and shipping.

Wait time : It refers to the length of time starting from when the receipt of customer for order is received to the point when actual production starts.

Thanks dear student... Hope this helps.. Good luck.. Rate if satisfied :)

keosha answered 1 year ago

Next > < Previous

Related Solutions

List five advantages of making an S election. Briefly explain each item. List five advantages of...

List five advantages of making an S election. Briefly explain each item. List five advantages of making an S election. (Select all that apply.) A. Deductions, losses, and tax credits are separately stated and retain their character when passed through to the shareholders. These amounts may be subject to the various limitations at the shareholder level. This treatment can permit the shareholder to claim a tax benefit when it otherwise would be denied to the corporation (e.g., a shareholder can...

list and explain briefly five disposal technologies for hazardous waste

List five functional areas and their sub-functions. Briefly explain?

Explain the forms of business organization in Malaysia and List and explain the FIVE (5) advantages and FIVE (5) disadvantages of those organizations.

- Explain the forms of business organization in Malaysia and List and explain the FIVE (5) advantages and FIVE (5) disadvantages of those organizations.- Briefly explain what Agency Problem is and how to overcome it.- Explain the definition of Bond and its characteristics.- Differentiate between Common Stock and Preferred Stock- Differentiate between Investment Decisions and Financing Decisions

There are five (5) main types of warehousing. List and explain them.

List and explain each phase of the accounting cycle and briefly state how a computerized system...

List and explain each phase of the accounting cycle and briefly state how a computerized system can help with each phase. (3 pages) Specifications: Assignment should be an APA paper, double spaced, 12 font, 1 inch margin (top, bottom, left and right), and at least three (3) sources.

List each of the five characteristics of a perfectly competitive market and briefly explain each. What...

List each of the five characteristics of a perfectly competitive market and briefly explain each. What are the implications of these characteristics for firm behavior, market prices, and efficiency? Discuss how common it is for each of these assumptions to be met in actual market situations. Based on that discussion, what role might government have to play in regulating markets towards achieving efficient (socially optimal) outcomes? Use graphical analysis when appropriate.

Consider perfect competition: a. List and very briefly explain the five defining characteristics of a perfectly...

Consider perfect competition: a. List and very briefly explain the five defining characteristics of a perfectly competitive market. b. Very briefly explain whether it is possible for firms in a perfectly competitive market to earn zero economic profit even if they have incurred a sunk cost upon entry into the market. Provide an example of such a cost.

1. List and briefly explain the five determinants of a credit score. Why is your credit...

1. List and briefly explain the five determinants of a credit score. Why is your credit score important?

5. List up to five advantages of MEG over the following modalities: a. fMRI (measures changes...

5. List up to five advantages of MEG over the following modalities: a. fMRI (measures changes in blood oxygenation levels related to neural activity) b. EEG.

Subjects