Why management be concerned about improving setup time

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Problem - Reduce setup time - Jackson Inc. has analyzed the setup time on its computer-controlled lathe. The setup requires changing the type of fixture that holds a part. The average setup time has been 135 minutes, consisting of the following steps:

Turn off machine and remove fixture from lathe 10 minutes

Go to tool room with fixture 20

Record replacement of fixture to tool room 18

Return to lathe 20

Clean lathe 20

Return to tool room 20

Record withdrawal of new fixture from tool room 12

Return to lathe 20

Install new fixture and turn on machine 10

Total setup time 150 minutes

Required -

a. Why should management be concerned about improving setup time?

b. What do you recommend to Jackson Inc. for improving setup time?

c. How much time would be required for a setup, using your suggestion in (b)?

Reference no: EM132690754

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