The contingency viewpoint
This is a behavioural model of administration underscoring the contrasts between each issue or test an entrepreneur faces over a given timeframe.It helps an entrepreneur or a business executive to ensure he or she is utilising the possibility of every available way to deal with critical thinking looks at a wide assortment of components while deciding workable answers for every working environment issue
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Answer:
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Answer:
Answer:
1. MCE = 21.42%
2. Delivery Cycle Time 22 days
Explanation:
The Manufacturing Cycle Time is given by the formula:
Manufacturing cycle time = Inspection Time + Process Time + Move Time + Queue time
Here we have
Inspection time =1.5 days
Processing time =3.0 days
Move time =2.5 days
Queue time= 7.0 days
Wait time= 8.0 days
Manufacturing Cycle Time = 1.5+3.0+2.5+ 7.0= 14.0 days
MCE= Manufacturing Cycle Efficiency Time= Process Time/ Processing Time + Inspection Time + Move Time + Queue time
MCE = 3/ 14=0.2142= 21.42%
It means that MCE consists of 21.42 %actual processing and 79 % consists of non value added activities.
2. Delivery Cycle Time= Manufacturing Cycle Time + Wait time
Delivery Cycle Time= 14.0 days + 8.0 days= 22.0 days
The difference between wait time and queue time is that wait time is the time when the customer places an order until it is delivered.And queue time from the start of the production of the order.
Common corroborating procedures include examination of supporting evidence, inquiries of independent persons, and evaluating evidence obtained from other auditing procedures.
<h3>What is
evidence ?</h3>
- Evidence refers something that can be used to prove something.
- For example, the evidence presented at the trial, or the trail of breadcrumbs following Hansel's trail through the woods.
- Evidence is an item presented by a party to make the auditing of a fact more or less likely.
- Evidence may take the form of testimony, documents, photographs, videos, audio recordings, DNA tests, or other physical objects.
- There are two types of evidence for auditing . direct evidence and circumstantial evidence testimonies.
- This is one of the most common forms of evidence given orally or in writing by a witness under oath.
- It can be obtained in court, by affidavit, or by affidavit.
To learn more about evidence from the given link :
brainly.com/question/14370298
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