Essay
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?
Correct Answer:
Verified
Process Velocity = Throughput time/value...View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Correct Answer:
Verified
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Q102: A technology which uses sensor tags to
Q103: Costs that are proportional to the amount
Q104: Which of the following is not a
Q105: Which product and service strategy is typically
Q106: Remanufacturing is the concept of using components
Q108: One issue that design for manufacture focuses
Q109: Tom's hazardous material movement company limits the
Q110: Product design and process selection decisions are
Q111: If a firm has fixed costs of
Q112: In break-even analysis, what is the break-even