DataSpan, Inc., automated its plant at the start of the current year and installed a flexible manufacturing system. The company
is also evaluating its suppliers and moving toward Lean Production. Many adjustment problems have been encountered, including problems relating to performance measurement. After much study, the company has decided to use the performance measures below, and it has gathered data relating to these measures for the first four months of operations. Month
1 2 3 4
Throughput time (days) ? ? ? ?
Delivery cycle time (days) ? ? ? ?
Manufacturing cycle efficiency (MCE) ? ? ? ?
Percentage of on-time deliveries 73% 74% 79% 86%
Total sales (units) 10,550 10,440 10,560 10,560
Management has asked for your help in computing throughput time, delivery cycle time, and MCE. The following average times have been logged over the last four months:
Average per Month (in days)
1 2 3 4
Move time per unit 0.6 0.5 0.4 0.8
Process time per unit 0.7 0.7 0.7 0.4
Wait time per order before start of production
9.6 8.0 5.0 4.0
Queue time per unit 3.4 3.1 2.4 1.7
Inspection time per unit 0.6 0.6 0.4 0.6
Required:
Compute the throughput time for each month.
Producto development is carried out in the field of business, engineering and design, it is the complete process of creating and bringing a new product to the market. There are two parallel aspects that are involved in this process: one implies product engineering; The other, market analysis. Marketing managers consider the development of a new product as the first step in managing the product life cycle.
Because its better u save 0.3*10=3 dollars but I value my time for $5 for that half an hour and hence its better not to go considering opportunity cost.
a) the South reaped all the profits from the cotton trade.
Explanation:
Cotton grown in the southern states of the US helped to start the industrial revolution in the United Kingdom and northern states in the US. Even though cotton was not grown in northern states, the factories that processed cotton were located there. The south provided the raw materials and the north provided the final processed goods.
