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Question: Quick Dry Ink produces ink-jet printers for personal computers. It received an order for 600 printers from a customer. The following information is available for this order.
Process time . . . . . . . . . . 16.0 hours
Inspection time . . . . . . . . 3.4 hours
Move time . . . . . . . . . . . . 9.0 hours
Wait time . . . . . . . . . . . . 21.6 hours
Required: 1. Compute the company's manufacturing cycle time.
2. Compute the company's manufacturing cycle efficiency. Interpret your answer.Analysis Component
3. Assume that Quick Dry Ink wishes to increase its manufacturing cycle efficiency to 0.80. What are some ways that it can accomplish this?
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Determine the cash discount available and Determine the cash remitted if the payment is made within the discount period.
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