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Frank's Manufacturing Firm Has Determined That the Industry Standard Process

Question 110

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Frank's manufacturing firm has determined that the industry standard process velocity time is 15 seconds. Frank's OM engineer has determined that their process velocity time is 17 seconds with a throughput time of 136 seconds. If the throughput time cannot be changed, what, how much, and by which direction does the value added time need to change so Frank's manufacturing can match the industry standard process velocity?

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Process Velocity = Throughput time/value...

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