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Compute and interpret manufacturing cycle time

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Reference no: EM131536141

Question: 1. How could traceability of costs improve managerial decisions?

2. What are the three types of inventory on a manufacturing company's balance sheet?

3. Compute and interpret 

(a) manufacturing cycle time and 

(b) manufacturing cycle efficiency using the following information from a manufacturing company

Process time . . . . . . . . . 15 minutes

Inspection time . . . . . . . 2 minutes

Move time . . . . . . . . . . . 6.4 minutes

Wait time . . . . . . . . . . . 36.6 minutes

Reference no: EM131536141

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