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borishaifa [10]
3 years ago
13

Manufacturing cycle time is best defined as the: length of the work shift, expressed in minutes per day. time it takes a unit to

move from one workstation to the next. time between the start of one unit and the start of the next unit. sum of all the task times to make one unit of a product. time from raw materials receipt to finished product exit.
Business
1 answer:
luda_lava [24]3 years ago
5 0

Answer:

time from raw materials receipt to finished product exit.

Explanation:

Manufacturing cycle time is best defined as the "time from raw materials receipt to finished product exit."

To explain better, manufacturing cycle time is the overall time of process that covers the total duration it takes the final production of commodities to be made. That is beginning from the inception stage which is usually raw materials through its conversion stage and eventually into finished goods.

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Management of Mittel Rhein AG of Köln, Germany, would like to reduce the amount of time between when a customer places an order
Delicious77 [7]

Answer:

1. The throughput time is 9 days

2. The MCE is 0.30

3. 70% of the throughput time was spent on non-value added activities.

4. The delivery cycle time is 23 days

5. The New MCE is 67.5%

Explanation:

1. To calculate the throughput time we would have to use to make the following calculation:

throughput time=process time+inspection time+movie time+queue time

throughput time=2.7+0.3+1+5

throughput time=9 days

2. To calculate the MCE we would have to use to make the following calculation:

MCE=value added time/throughput time

MCE=2.7/9=0.30

3. MCE is 30% which means that out of the total throughput time, time spent on value added activities was 30%. Thus it means that 70% of the throughput time was spent on non-value added activities.

4. To calculate the delivery cycle time we would have to use to make the following calculation:

delivery cycle time=wait time+throughput time

delivery cycle time=14+9=23 days

5. To calculate the new MCE we would have to use to make the following calculation:

New MCE=value added time/throughput time

New MCE=2.7/4

New MCE=67.5%

3 0
3 years ago
Strategic management focuses on integrating management, marketing, finance and accounting, production and operations, research a
9966 [12]

Answer:

True

Explanation:

Strategic management requires incorporation into a cohesive whole of all roles and activities of an organization. Management is described as the mechanism by which people within the organization are prepared, coordinated, guided and managed to use resources effectively to achieve the organizational objectives.

5 0
3 years ago
The central bank would like to decrease unemployment in the economy. What open market operation would be appropriate
Alex17521 [72]

Answer:

Expansionary policy

Explanation:

Expansionary monetary policy are policies undertaken by the central bank of a country to increase the money supply in the economy.

Expansionary monetary policy include :

  • Reducing reserve requirement
  • open market purchases
3 0
3 years ago
How does Chloe Spencer's website make money? (Site 1)​
NemiM [27]

Answer:

Google pays her every time someone clicks on a Google ad on her

site.

Explanation:

5 0
3 years ago
Read 2 more answers
Bavarian Bar and Grill opened for business in November 2018. During its first two months of operation, the restaurant sold gift
zhannawk [14.2K]

Answer:

1)

Sale of gift cards

Debit Bank $6,800 Credit Gift Card Certificate liability $6,800

Redemption of cards

Debit Gift card liability $2,100 Debit Bank $500 Credit Revenue $2,500 Credit sales tax payable 100

2) Liability to be reported in balance sheet = ( 6800-2100) = $4,700

3) Non current liabilities

Gift Card certificate                               $680

Current Liability

Gift Cards Certificates                              $4,020

Sale tax payable                                       $100

Explanation:

Sales tax payable (2500*4%)  = $100

The bank of $500 in the Redemption of cards journal is a balancing figure.

Classification of the liability in types of liability

Current liability

Gift card certificates sold = 6800

current liability 90%          =6120

deduct redeemed card    = -2100

current liability                  =  $4,020

Non_Current Liabilities

Gift Card not yet redeemed     = 4700

less current gift card liability    = -4020

non current liability                   =680

8 0
3 years ago
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