Value added-nonvalue added-total lead times

Assignment Help Accounting Basics

Reference no: EM13132561

Flash Memories Inc. is considering a new just-in-time product cell. The present manufacturing approach produces in four separate steps. The production batch sizes are 60 units. The process time for is step is as follows.

Process step 1 5 Min
Process step 2 3 Min
Process step 3 11 Min
Process step 4 6 Min

The time required to move each batch between steeps is 15 minutes. In addition, the time to move raw materials to Preocess Step 1 is also 15 minutes, and the time to move completed units from Process Step 4 to finished goods inventory is 15 minuts

The new just-in-time layout will allow the company to reduce the batch sizes from 60 to 5. The time required to move each batch between steps and the inventory locations will be reduced to 3 minutes. The time required to move each batch between steps will stay the same.

Determine the value-added, nonvalue-added, total lead times and the value added ratio under the present and proposed production approaches. Round whole percentages to two decimal places.

Reference no: EM13132561

Questions Cloud

Binary operations-monoids : Let S be a set with an associative binary operation but with no identity. Choose an element 1 not belonging to S, write M = {1} or S, and define an operation on M by using the operation of S and 1s=s=s1 for all s belonging to S.

Calculate the cell potential : Consider the cell described below: Al/Al3+ (1.00M)//Pb2+ (1.00M)/Pb Calculate the cell potential after the reaction has operated long enough for the [Al3+] to have changed by .60 mol/L. Assume T=25 C

Character of the gain or loss from disposition : What is the amount and initial character of the gain or loss from disposition of the real estate? Is any of the gain unrecaptured § 1250 (25%) gain?

Probability that sample of students have mean verbal score : What is the probability that a random sample of 36 students will have a mean verbal sat score that is great than 535?

Value added-nonvalue added-total lead times : Determine the value-added, nonvalue-added, total lead times and the value added ratio under the present and proposed production approaches. Round whole percentages to two decimal places.

How many calories are used to heat : how many calories are used to heat a 50g sample of water from 8.1 degrees celius to 27.4 degrees celcius?

A reflective essay on writing essays and research papers : writing assignment, write a reflective essay based on your experience writing essays and research papers.

Chocolate manufacturer scenario : Hey professor and class, I picked the chocolate manufacturer scenario. They would have to introduce the candy bar to the executives before putting the bar out for sale. I believe this would be in front of the big time managers, supervisors, and marke..

Describe alkene products : Describe Alkene Products, When tert-pentyl bromide is treated with 80% ethanol, the amounts of alkene products indicated below are detected on analysis.

User Account

All Pages