Hiawatha Hydrant Company manufactures fire hydrants in Oswego, New York. The following information pertains to operations during May. Processing time (average per batch) Inspection time (average per batch) Waiting time (average per batch) Move time (average per batch) Units per batch 4.40 hours 0.35 hour 0.35 hour 0.35 hour 21 units Required: 1. Compute the manufacturing cycle efficiency. (Do not round intermediate calculations. Round your final answer to the nearest whole percent.) 2. Compute the manufacturing cycle time. (Do not round intermediate calculations. Round your final answer to 2 decimal places.) 3. Compute the velocity. (Do not round intermediate calculations. Round your final answer to 2 decimal places.) 1. Manufacturing cycle efficiency 2. Manufacturing cycle time 3. Velocity % hour per unit units per hour
Hiawatha Hydrant Company manufactures fire hydrants in Oswego, New York. The following information pertains to operations during May. Processing time (average per batch) Inspection time (average per batch) Waiting time (average per batch) Move time (average per batch) Units per batch 4.40 hours 0.35 hour 0.35 hour 0.35 hour 21 units Required: 1. Compute the manufacturing cycle efficiency. (Do not round intermediate calculations. Round your final answer to the nearest whole percent.) 2. Compute the manufacturing cycle time. (Do not round intermediate calculations. Round your final answer to 2 decimal places.) 3. Compute the velocity. (Do not round intermediate calculations. Round your final answer to 2 decimal places.) 1. Manufacturing cycle efficiency 2. Manufacturing cycle time 3. Velocity % hour per unit units per hour
Chapter1: Financial Statements And Business Decisions
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