Allegro Industries is planning to change its manufacturing plant by automating and installing a flexible manufacturing system.The company is also changing its performance measures as well as its operating procedures.In an effort to evaluate performance and determine where improvements can be made,management has gathered the following data relating to activities over the last four months:
Many of these measures are new and the president has asked you to interpret the results.Throughput is the time it takes to turn materials into a completed product.Delivery cycle time is the time between receiving an order and shipping the goods.
Required:
Using the performance measures given,do the following:
a.Identify the areas where the company seems to be improving.
b.Identify the areas where the company seems to be deteriorating.
Correct Answer:
Verified
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Q26: Why does the Balanced Scorecard differ from
Q29: Strategic-based performance measures are balanced measures. Give
Q48: How does the Balanced Scorecard communicate strategy
Q85: Marshek Industries has the theoretical capability to
Q88: Clotheshound is a local clothing store in
Q89: Puma Manufacturing has a theoretical capability to
Q90: The following measures belong to one of
Q105: Activity-based responsibility and strategic-based responsibility incorporate some
Q112: Activity-based evaluation and strategic-based evaluation incorporate some
Q121: How can management communicate strategy? What are
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents