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Business, 26.03.2020 21:59 BreBreDoeCCx

Oakwood Company produces maple bookcases to customer order. The following information is available for the production of the bookcases. Process time 8.0 days Inspection time 2.0 days Move time 3.1 days Wait time 3.0 days Required: 1. Compute the company’s manufacturing cycle time. 2. Compute the company’s manufacturing cycle efficiency. 3. Management believes it can reduce move time by 1.10 days and wait time by 2.50 days by adopting lean manufacturing techniques. Compute the company’s manufacturing cycle efficiency assuming the company’s predictions are correct.

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