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Question: Calculate Lead Time Williams Optical Inc. is considering a new just-in-time product cell. The present manufacturing approach produces a product in four separate steps. The production batch sizes are 40 units. The process time for each step is as follows: Process Step 1 6 minutes Process Step 2 10 minutes Process Step 3 6 minutes Process Step 4 8 minutes The time required to move each batch between steps is 8 minutes. In addition, the time to move raw materials to Process Step 1 is also 8 minutes, and the time to move completed units from Process Step 4 to finished goods inventory is 8 minutes. The new just-in-time layout will allow the company to reduce the batch sizes from 40 units to 5 units. The time required to move each batch between steps and the inventory locations will be reduced to 2 minutes. The processing time in each step will stay the same. Determine the value-added, non-value-added total lead times, and the value-added ratio under the present and proposed production approaches. If required, round percentages to one decimal place. Present Approach Proposed Approach 30 min 30 min Value-added time 30 min 1320 3 min Non-value-added time Total lead time Value-added ratio (as a percent) 18.75.
Molina Corporation is authorized to issue 10,000 shares of $40 par value, 10% preferred stock and 200,000 shares of $5 par value common stock. On January 1, 2010, the ledger contained the following stockholders' equity balances.
the ability to add ghost employees to a companys payroll system is often the result of a breakdown in internal
Prior to liquidating their partnership, Penn and Ryan had capital accounts of $160,000 and $100,000, respectively. Prior to liquidation, the partnership had no cash assets other than what was realized from the sale of assets.
1.Bed Bath & Beyond Inc. is a leading retailer of domestic merchandise and home furnishings.
truefalse1.business tax credits are limited to tax-paying entities and individuals.2.the differences between macrs
When a company has a strong internal control structure, stockholders can expect the elimination of fraud.- Provide your comments.
A firm that would like to know whether it has too much fixed assets to serve their market would be most likely to use which category of financial ratio? Question 7 options: a) Liquidity b) Leverage c) Efficiency d) Profitability
you want to have 9000 by the time you finish college in 5 years. how much money should you deposit each quarter for the
frank fronton decided to become a professional jai alai player. in january fronton joined a jai alai club where he
FASB allows companies to use either the indirect or direct method in reporting operating cash flows. Note that both methods produce the same total cash, and that the financing and investing sections are exactly the same for both methods. Do the tw..
Assume a target income of 11% of average invested assets. Compute residual income for the division:$42,900.$217,250.$59,730.$85,400.$95,400.
eddies bar and restaurant supplies expects its revenues and expenses for the first 5 months of the year to besales
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