In: Operations Management
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 31%. When last calculated, Waymouth’s MCE was 28%. |
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 | 16.0 | ||
Materials handling | 2.0 | ||
Order setup | 2.5 | ||
Machine maintenance | 1.0 | ||
Order scheduling | 20.0 | ||
Inspection of completed order | 0.5 | ||
Pack and move to storage or ship | 0.5 | ||
Manufacturing assembly | 3.0 | ||
Order taking and checking | 1.0 | ` | |
Receiving and stocking raw materials | 1.5 | ||
Inspection of raw materials | 1.0 | ||
Required: |
Determine the manufacturing cycle efficiency (MCE) for the recent month. (Round your answer to 1 decimal place (i.e. .123 = 12.3%).) |