Resourceful 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) Resourceful's value-adding production activities include:
b) Resourceful's total cycle time is __________ days.
c) Resourceful's manufacturing efficiency ratio is __________%.
d) Which activities might be reduced or eliminated should Resourceful implement a JIT system?

Question

Resourceful 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) Resourceful's value-adding production activities include: 
b) Resourceful's total cycle time is __________ days.
c) Resourceful's manufacturing efficiency ratio is __________%.
d) Which activities might be reduced or eliminated should Resourceful implement a JIT system?

Quizplus · Accepted Answer

The Answer of Resourceful 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) Resourceful's value-adding production activities include: 
b) Resourceful's total cycle time is __________ days.
c) Resourceful's manufacturing efficiency ratio is __________%.
d) Which activities might be reduced or eliminated should Resourceful implement a JIT system?

Resourceful Corporation Is Considering the Implementation of a JIT Inventory