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

Question

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

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

JIT Systems' Manufacturing Efficiency Ratio