Review case study of Williams Optical Inc

Reference no: EM131814258

Question: Williams Optical Inc. is considering a new lean product cell. The present manufacturing approach produces a product in four separate steps. The production batch sizes are 45 units. The process time for each step is as follows:

Process Step 1Williams Optical Inc	5 minutes
Process Step 2	8 minutes
Process Step 3	4 minutes
Process Step 4	3 minutes

The time required to move each batch between steps is 5 minutes. In addition, the time to move raw materials to Process Step 1 is also 5 minutes, and the time to move completed units from Process Step 4 to finished goods inventory is 5 minutes.

The new lean layout will allow the company to reduce the batch sizes from 45 units to 3 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
Value-added time		min		min
Non-value-added time		min		min
Total lead time		min		min
Value-added ratio (as a percent)		%		%

Reference no: EM131814258

Questions Cloud

Discuss the crisis of fair value accounting : Topic: Laux and Leuz (2009) discuss the crisis of fair value accounting following recent international financial turmoils

How much is the depreciation expense : Williams Company purchased a machine costing $34,900 and is depreciating it over a 10-year estimated useful life with a residual value of $3,900.

The internal growth rate of firm is best described : The internal growth rate of a firm is best described as the:

What amount of detection for agi would be required : What amount of detection for AGI would be required to equal the tax benefit of a $960 child care credit

Review case study of Williams Optical Inc : Williams Optical Inc. is considering a new lean product cell. The present manufacturing approach produces a product in four separate steps.

What surgical procedure did he undergo : Which tests were negative? What does the term negative mean in this situation?What surgical procedure did he undergo?

Determine the amounts red rock should record : Determine the amounts Red Rock should record in the separate accounts for the land, the building, and the equipment

What category of swot elements of information are available : Discuss what categories of the SWOT elements of information are readily available on the internet. What other sources of information can you use effectively?

Corporate securities by investment banking syndicate : Following the sale of new corporate securities by an investment banking syndicate,

User Account

All Pages