JIT systems' manufacturing efficiency ratio Methodical Corporation is considering the implementation of a JIT inventory system
The company recently analyzed its cycle time to determine the average number of days spent in each activity of its production process. A summary of the analysis is shown below:
(a) Methodical's value-added production activities include: ________________________.
(b) Methodical's total cycle time is __________ days.
(c) Methodical's manufacturing efficiency ratio is __________%.
(d) Which activities might be reduced or eliminated should Methodical implement a JIT system?
What will be an ideal response?
a) Cutting, Assembling, Painting, and Packaging (3 + 4 + 2 + 1 = 10 days)
(b) 25
(c) 40 [10 days/25 days (1 + 2 + 5 + 3 + 4 + 3 + 4 + 2 + 1 = 25 days)]
(d) Receiving materials, Inspecting materials, Storing materials, Moving materials into production, and Setting-up production equipment.
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