Determine value added-non value added and total lead times

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Reference no: EM132190299

1. Determine the value added, non value added , and total lead times, and the value added ratio under the traditional and lean manufacturing methods. Round percentages to one decimal place. Show work.

2. Flint fabricators Inc. Machines metal parts for the automotive industry. Under the traditional manufacturing approach, the parts are machine through two processes milling and finishing. Parts are produced in batch sizes of 30 parts. A part requires 5 minutes in milling and 7 minutes in finishing. The move time between the two operations for a complete batch is 5 minutes. Under the lean philosophy, the part is produced in a cell that includes both milling and finishing operations. The operating time is unchanged: however the batch size is reduced to 4 parts in the move time is eliminated.

3. Determine the value added, non value added , and total lead times, and the value added ratio under the traditional and lean manufacturing methods. Round percentages to one decimal place.

Reference no: EM132190299

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