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? Safari File Edit View History Bookmarks Window Help 74% 1- Sun 12:39 AM ?? Chapter 18 Homework My Account /Chegg.com The Toll Roads araka omae Cost Accounting: ACCT 3302-Spring 2018 Online CCOUNTING Chapter 18 Homework instructions I help Question 5 (of 5) Save&Exit; Submit value 8.00 points A manufacturing company has the following average times (in hours): Transporting product Manufacturing product Inspecting product Storing inventory 6.90 9.30 6.60 7.20 Required Calculate the manufacturing cycle efficiencyExplanation / Answer
SOLUTION
Manufacturing cycle efficiency = Processing time / (Processing time + Moving time + Storing time + Inspection time)
= 9.30 / (9.30 + 6.90 + 7.20 + 6.60)
= 9.30 hours / 30 hours
= 31%
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