Exercise 22-18 Manufacturing cycle time and efficiency LO A4 Oakwood Company produces maple bookcases to customer order. The fol
lowing information is available for the production of the bookcases. Process time 7.0 days
Inspection time 0.6 days
Move time 4.8 days
Wait time 5.0 days
1. Compute the company's manufacturing cycle time
2. Compute the company's manufacturing cycle efficiency
One way the government can regulate monopolies is to protect the interests of the consumers who are usually the end users. The government have the market power to set prices higher than normal in a competitive market. Thjs can be achieved by Price capping or limiting price increases. As this helps Regulate the firm's pricing behavior.
So, you would start by adding 105,027,000 to 4,000,000 that gives you 109,027,000. Then you would subtract 109,027,000 and 2,000,000 that gives you 107,027,000
