Question

In: Operations Management

Waymouth Manufacturing operates a contract manufacturing plant located in Dublin, Ireland. The plant provides a variety...

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%).)

Solutions

Expert Solution


Related Solutions

The Hill of Tara is located in south-central Meath not far from Dublin, Ireland. Tara is...
The Hill of Tara is located in south-central Meath not far from Dublin, Ireland. Tara is of great cultural and archaeological importance, since it is by legend the seat of the ancient high kings of Ireland. Magnetic surveying is one technique used by archaeologists to determine anomalies arising from variation in magnetic susceptibility. Unusual changes in magnetic susceptibility might (or might not) indicate an important archaeological discovery. Let x be a random variable that represents a magnetic susceptibility (MS) reading...
Clean Chips is a manufacturer of prototype chips based in Dublin, Ireland. Next year, in 2019,...
Clean Chips is a manufacturer of prototype chips based in Dublin, Ireland. Next year, in 2019, Clean Chips expects to deliver 700 prototype chips at an average price of $52,000. The plant cannot produce these prototype chips annually in the plant’s current condition. To meet future demand, Clean Chips must either modernize the plant or replace it. The old equipment is fully depreciated and can be sold for $4,450,000 if the plant is replaced. If the plant is modernized, the...
Clean Chips is a manufacturer of prototype chips based in? Dublin, Ireland. Next? year, in 2015?,...
Clean Chips is a manufacturer of prototype chips based in? Dublin, Ireland. Next? year, in 2015?, Clean Chips expects to deliver 622 prototype chips at an average price of $ 110000. Clean ?Chips' marketing vice president forecasts growth of 85 prototype chips per year through 2021. That? is, demand will be 622 in 2015?, 707 in 2016?, 792 in 2017?, and so on. The plant cannot produce more than 597 prototype chips annually. To meet future? demand, Clean Chips must...
2. Clean Chips is a manufacturer of prototype chips based in Dublin, Ireland. Next year, in...
2. Clean Chips is a manufacturer of prototype chips based in Dublin, Ireland. Next year, in 2019, Clean Chips expects to deliver 700 prototype chips at an average price of $52,000. The plant cannot produce these prototype chips annually in the plant’s current condition. To meet future demand, Clean Chips must either modernize the plant or replace it. The old equipment is fully depreciated and can be sold for $4,450,000 if the plant is replaced. If the plant is modernized,...
When the author visited Dublin, Ireland, he recorded the ages of randomly selected passenger cars and...
When the author visited Dublin, Ireland, he recorded the ages of randomly selected passenger cars and randomly selected taxis. The ages can be found from the license plates. The ages in years are listed below. We might expect that taxis would be newer, so test the claim that the mean age of cars is greater than the mean age of taxies. Car Ages: 4 0 8 11 4 14 3 3 7 6 6 6 15 9 Taxi Ages: 8...
Upper A minus 1A−1 Chips is a manufacturer of prototype chips based in​ Dublin, Ireland. Next​...
Upper A minus 1A−1 Chips is a manufacturer of prototype chips based in​ Dublin, Ireland. Next​ year, in 2018​, Upper A minus 1A−1 Chips expects to deliver 525 prototype chips at an average price of $105,000. Upper A minus 1A−1 ​Chips' marketing vice president forecasts growth of 65 prototype chips per year through 2024. That​ is, demand will be 525 in 2018​, 590 in 2019​, 655 in 2020​, and so on. The plant cannot produce more than 495 prototype chips...
Carpenter Cornices, Ltd., produces a wide variety of cornice moldings for windows at a plant located...
Carpenter Cornices, Ltd., produces a wide variety of cornice moldings for windows at a plant located in Evergreen Park, Illinois. Because there are hundreds of products, some of which are made only to order, the company uses a job-order costing system. On July 1, the start of the company’s fiscal year, inventory account balances were as follows: Raw materials $ 12,800 Work in process $ 6,800 Finished goods $ 10,500 The company applies overhead cost to jobs on the basis...
Carpenter Cornices, Ltd., produces a wide variety of cornice moldings for windows at a plant located...
Carpenter Cornices, Ltd., produces a wide variety of cornice moldings for windows at a plant located in Evergreen Park, Illinois. Because there are hundreds of products, some of which are made only to order, the company uses a job-order costing system. On July 1, the start of the company’s fiscal year, inventory account balances were as follows: Raw materials $ 12,700 Work in process $ 6,700 Finished goods $ 10,400 The company applies overhead cost to jobs on the basis...
Mac Manufacturing Company manufactures a variety of garden and lawn equipment. The company operates through three...
Mac Manufacturing Company manufactures a variety of garden and lawn equipment. The company operates through three divisions. Each division is an investment center. Operating data for the Weedeater Division for the year ended December 31, 2016, and relevant budget data are as follows. Actual Comparison with Budget Sales $2,900,000 $120,000 unfavorable Variable cost of goods sold 1,400,000 90,000 unfavorable Variable selling and administrative expenses 290,000 60,000 favorable Controllable fixed cost of goods sold 270,000 On target Controllable fixed selling and...
Marx Manufacturing Company manufactures a variety of garden and lawn equipment. The company operates through three...
Marx Manufacturing Company manufactures a variety of garden and lawn equipment. The company operates through three divisions. Each division is an investment center. Operating data for the Weedeater Division for the year ended December 31, 2016, and relevant budget data are as follows. Actual Comparison with Budget Sales $2,900,000 $120,000 unfavorable Variable cost of goods sold 1,400,000 90,000 unfavorable Variable selling and administrative expenses 290,000 60,000 favorable Controllable fixed cost of goods sold 270,000 On target Controllable fixed selling and...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT