The following information for a recent project was taken from the records of Garvin Company:
A.How long did it take to complete the project once production commenced?
B.Compute the manufacturing cycle efficiency.
B.Processing time (15.0)/ [Processing time (15.0)+ inspection time (0.5)+ waiting time in production (3.0)+ move time (1.5)] = 0.75
C.1.75% (cycle efficiency)
2.25% (100% - 75%)
C.As judged by the cycle efficiency,what percentage of the overall production time was spent on (1)value-adding activities and (2)non-value adding activities?

Question

Quizplus · Accepted Answer

The Answer of The following information for a recent project was taken from the records of Garvin Company:
A.How long did it take to complete the project once production commenced?
B.Compute the manufacturing cycle efficiency.
B.Processing time (15.0)/ [Processing time (15.0)+ inspection time (0.5)+ waiting time in production (3.0)+ move time (1.5)] = 0.75
C.1.75% (cycle efficiency)
2.25% (100% - 75%)
C.As judged by the cycle efficiency,what percentage of the overall production time was spent on (1)value-adding activities and (2)non-value adding activities?

The Following Information for a Recent Project Was Taken from the Records