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Question - Hart Manufacturing operates an automated steel fabrication process. For one operation, Hart has found that 45% of the total throughput time is spent on non-value-added activities. Delivery cycle time is 12 hours, waiting time during the production process is 3 hours, queue time prior to starting the production process is 2 hours, and inspection time is 1.2 hours.
Required -
1. Calculate MCE.
2. Calculate Move Time for the Operation.
3. Calculate Throughput Time.
McCoy's assets and liabilities had book values equal to market values except for inventory, land and building which were undervalued by $30,000, $20,000, and $25,000, respectively.
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