Where are the main opportunities to improve the cycle time

Assignment Help Applied Statistics
Reference no: EM131150231

The following data consists of the actual time used and potential (the best time possible for this review process)to complete each step in the review process. The actual times are based on the review of 30 projects. The potential times are subjective engineering judgment estimates.

Table: Basic Data Review for Construction Project Equipment Arrangement

 

 

 

Cycle Time (hours)

 

Step

Description

Actual

Potential

Difference

1

Read basic data package

4

4

-

2

Write, type, proof, sign, copy, and distribute cover letter

21.9

0.5

21.4

3

Queue

40

0

40

4

Lead engineer calls key people to schedule meeting

4

0.25

3.75

5

Write, type, proof, sign, copy, and distribute confirmation letter

25.4

2.1

23.3

6

Hold meeting; develop path forward and concerns

4

4

-

7

Project leader and specialist develop missing information

12

12

-

8

Determine plant preferred vendors

12

12

-

9

Review notes from meeting

12

12

-

10

Resolve open issues

106

104

2

11

Write, type, proof, sign, copy, and distribute basic data acceptance letter

26.5

0.25

26.25

 

Totals

267.8

151.1

116.7

Use the data in thetable above and answer the following questions in the space provided below:

1. What are the sources of value-added and non-value-added work in this process?

2. Where are the main opportunities to improve the cycle time of this process, with respect to both actual time used and the potential best times? What strategy would you use?

3. Step 10:Resolve Open Issues required 104 hours (potential) versus 106 hours (actual). Is there an OFI here? Why or why not? If so, how would you attack it?

4. What do you think are the most difficult critical issues to deal with when designing a sound cycle time study such as this one?

Reference no: EM131150231

Questions Cloud

Describe a little about the fsa program : Describe a little about the FSA program. Find a social documentary photograph from an FSA photographer that you believe expresses the hardships faced during this decade.
Compute the doubling time for france''s per capita real gdp : The rate of economic growth per capita in France from 1996 to 2000 was 1.9% per year, while in Korea over the same period it was 4.2%. Per capita real GDP was $28,900 in France in 2003, and $12,700 in Korea. Assume the growth rates for each countr..
Explain importance of variation to health-care organizations : Explain the importance of variation to health-care organizations and answer the following questions. What might be the key processes for health-care organizations?
Create additional preferences and files : create additional preferences and files when needed, and record the following transactions in the appropriate windows:
Where are the main opportunities to improve the cycle time : Where are the main opportunities to improve the cycle time of this process, with respect to both actual time used and the potential best times? What strategy would you use
Evaluate production situations using economy of scale : Compare and contrast how production analysis is carried out and be able to evaluate production situations using economy of scale, elasticity, and other analytic tools. Production analysis is carried out and be able to evaluate production situation..
How does human cloning compare with reproductive technology : How does human cloning compare with other reproductive technologies such as in vitro fertilization, hormone treatments, or other forms? Pick one or two of the topics below to discuss in your original discussion post.
Decrease in demand for new automobiles : Assume that the demand for autoworkers declines significantly due to a decrease in demand for new automobiles. Explain what will happen to unemployment usin Keynesian reasoning
What is the price in dollars of the february 2000 treasury : What is the price in dollars of the February 2000 Treasury note if its par value is $100,000? Verify the current yield of this note.

Reviews

Write a Review

 

Applied Statistics Questions & Answers

  This is used when a conservative approach is desired

This is used when a conservative approach is desired and an expected cell frequency is less than 5 in a 2X2 table. Fisher's exact test, Cramer's V, Yates' correction or Regression

  The probability that the true value of the mean amount of ti

Suppose that 30 people have been asked in a survey about how many hours they spend watching TV per day. Then, use these data to find a 95% confidence interval for the mean amount of time spent watching TV is 1.5 to 3.2 hours. Which statement is NOT t..

  Seafair fashions relies on its sales force

SeaFair Fashions relies on its sales force of 220 to do initial screening of all new fashions. The company is presently bringing out new line of swimwear and has invited 40 salespeople to its Orlando home office. An issue of the constant concern to S..

  A communications professor at a university believes

According to a Pew Research Center, in May 2011, 35% of all American adults had a smartphone (one which the user can use to read email and surf the Internet). A communications professor at a university believes this percentage is higher among communi..

  A manager of a small store wanted to discourage

A manager of a small store wanted to discourage shoplifters by putting signs around the store saying "Shoplifting is a crime!" However, he wanted to make sure this would not result in customers buying less. To test this, he displayed the signs every ..

  Explain how changes in debt equity ratio impact the beta of

e-education How does the Law of Conservation of Value (presented in the text) contrast with the first and second Propositions by Modigliani and Miller? Explain how changes in debt-equity ratio impact the beta of the firm's equity. Provide a mathemati..

  Political polls typically sample randomly from the u.s

Political polls typically sample randomly from the U.S population to investigate the percentage of voters who favor some candidate or issue. The number of people polled is usually on the order of 1000. Suppose that one such poll asks voters how they ..

  Find mean and the standard deviation of the round-off error

Find the mean and the standard deviation of the round-off error. Find the probability that the round-off error will be within one standard deviation of the mean.

  The british government created a program

In 1997 the British government created a program

  What is the value of the test statistic and the chi-square

What is the value of the test statistic and the chi-square table, the most accurate statement that can be made about the p-value

  A particular department store knows from past experience

A particular department store knows from past experience that 17% of their customers have the store's credit card. What is the probability that out of the next 120 customers that at least 15% have the store's credit card? (please express your answer ..

  Prepare a report using the numerical methods

Prepare a report using the numerical methods of descriptive statistics presented in this module to learn how the variables contribute to the success of a motion picture.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd