Dataspan inc automated its plant at the start of the

Assignment Help Accounting Basics
Reference no: EM13568257

DataSpan, Inc., automated its plant at the start of the current year and installed a flexible manufacturing system. The company is also evaluating its suppliers and moving toward Lean Production. Many adjustment problems have been encountered, including problems relating to performance measurement. After much study, the company has decided to use the performance measures below, and it has gathered data relating to these measures for the first four months of operations.


Month

1 2 3 4
Throughput time (days) ? ? ? ?
Delivery cycle time (days) ? ? ? ?
Manufacturing cycle efficiency (MCE) ? ? ? ?
Percentage of on-time deliveries 77% 78% 83% 90%
Total sales (units) 10,570 10,400 10,430 10,400

Management would like to know the company's throughput time, manufacturing cycle efficiency, and delivery cycle time. The data to compute these measures have been gathered and appear below:


Average per Month (in days)

1 2 3 4
Move time per unit 0.7
0.3
0.5
0.5
Process time per unit 0.4
0.5
0.5
0.3
Wait time per order before start
of production
9.0
8.0
5.0
4.0
Queue time per unit 3.0
3.0
2.0
1.0
Inspection time per unit 0.3
0.4
0.4
0.6

Requirement 1:
(a) Compute the throughput time for each month. (Round your answers to 1 decimal place.)

1 2 3 4
Total throughput time _________    _________ _________ _________

(b)

Compute the manufacturing cycle efficiency (MCE) for each month. (Round your answers to 1 decimal place. Omit the "%" sign in your response.)


1 2 3 4
Manufacturing cycle efficiency (MCE) _________% _________% _________% _________%

(c) Compute the delivery cycle time for each month. (Round your answers to 1 decimal place.)

1 2 3 4
Total delivery cycle time _________ _________ _________ _________

Requirement 2:
Refer to the move time, process time, and so forth, given above for month 4.
(a)

Assume that in month 5 the move time, process time, and so forth, are the same as in month 4, except that through the use of Lean Production the company is able to completely eliminate the queue time during production. Compute the new throughput time and MCE. (Round your answers to 1 decimal place. Omit the "%" sign in your response.)

Total throughput time                      _________
Manufacturing cycle efficiency (MCE) _________%
(b)

Assume in month 6 that the move time, process time, and so forth, are again the same as in month 4, except that the company is able to completely eliminate both the queue time during production and the inspection time. Compute the new throughput time and MCE. (Round your answers to 1 decimal place. Omit the "%" sign in your response.)

Total throughput time        _________
Manufacturing cycle efficiency (MCE)     _________%

Reference no: EM13568257

Previous Q& A

  Which of the following lists correctly ranks investments

over the past 75 years we have observed that investments with higher average annual returns also tend to have the

  Investment abd will pay you 7000 for each of the next 9

investment abd will pay you 7000 for each of the next 9 years whereas investment xyz will pay you 9000 for the next 6

  Motorcade company has three service departments s1 s2 and

motorcade company has three service departments s1 s2 and s3 and two production departments p1 and p2. the following

  Your task is to provide and answer a topic of discussion

movie-for greater gloryin the movie for greater glory we can perceive in the background the mexican revolution. this

  If the company borrows 8330 to pay for the purchase on the

a company purchased merchandise inventory at a cost of 8500 with credit terms 210 net 60. if the company borrows 8330

  A standard deviation of returns of 18 and the market risk

if stock a has a beta of 1.2 and a standard deviation of returns of 18 and stock b has a beta of 1.8 and a standard

  Te company had 250000 shares of 10 par value common stock

on may 1 a companys board of directors declared a 10 stock dividend to be distributed on june 1 to the stockholders of

  Write a literature review based on the following title and

question write a literature review based on the following title and the research questions indicated below. the

  On june 30 the board of directors of sandals inc declares a

on june 30 the board of directors of sandals inc. declares a 2-for-1 stock split on its 30000 3 par common shares. the

  Suppose a portfolio consists of four assets the risk

suppose a portfolio consists of four assets. the risk contribution of each asset is as follows uk large cap 3.9 uk

Reviews

Write a Review

 

Similar Q& A

  Determining balance in prepaid insurance

The liability policy was $36,000 for eighteen-months, and the crop damage policy was $12,000 for a two-year term. What was the balance in Eve's prepaid insurance as of December 31, 20X8?

  Compute the net present value of each project

Compute the net present value of each project - which project should be adopted based on the net present value approach?

  What is the value of their cash and marketable securities

Liquidity and Asset Management Ratios Oasis Products, Inc. has current liabilities = $10.2 million, current ratio = 1.70 times, inventory turnover ratio = 12.2 times, average collection period = 22 days, and sales = $102 million.

  Prepare the journal entry at the date of the bond issuance

Prepare the journal entry at the date of the bond issuance.  (Round answers to 0 decimal places, e.g. $38,548. Credit account titles are automatically indented when amount is entered. Do not indent manually.

  Prepare the journal entries for the original purchase

On October 5, 500 shares of the Birch Company stock were sold for $35 per share less a $50 brokerage fee. Prepare the journal entries for the original purchase, dividend, and sale.

  Use of market value for investment valuation

While US GAAP requires assets to be valued at the lower of cost or market, there is a belief that assets with value fluctuations should be valued at market and adjusted on a regular basis. Create an argument supporting the use of market value for ..

  Purchasing at face value

On January 1, 2010, Milton Company purchased at face value, a $1,000, 6% bond that pays interest on January 1 and July 1. Milton Company has a calendar year end.

  Calculate the amount of accumulated depreciation

Calculate the amount of accumulated depreciation on the machine shown in the December 31, 2004balance sheet assuming the company uses the double-declining balance depreciation method. Donot use decimals in your answer.

  Amount of interest expense related to the bonds

What amount related to the bonds will LHD report in its balance sheet at December 31, 2009 for bonds payable? What amount of interest expense related to the bonds will LHD report in its income statement for the year ending December 31,2010?

  This company manufactures bamboo picture frames that sell

need help with requirement 2 show how you came to the answer bamboo you inc. this company manufactures bamboo picture

  Discuss the advantages of understanding accounting

Discuss the advantages of understanding accounting as it relates to your current or future position. (Consider careers in management, sales, business operations, finance, and business ownership.)

  What information can be found on a statement of

what information can be found on a statement of shareholders equity?a. details of assets and liabilities.b. a

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