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Wolk Corporation Is a Highly Automated Manufacturing Firm What Is the Processing Cycle Efficiency (PCE) for This Order

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Wolk Corporation is a highly automated manufacturing firm. The vice president of finance has decided that traditional standards are inappropriate for performance measures in an automated environment. Labor for this company is insignificant in terms of the total cost of production and tends to be fixed, material quality is considered more important than minimizing material cost, and customer satisfaction is the number one priority. As a result, delivery performance measures have been chosen to evaluate performance. The following information is considered typical of the time involved to complete customer orders.  From time order is placed to time order received by manufacturing 10.0 days  From time order is received by manufacturing to time production begins 5.0 days  Inspection time 1.5 days  Process (manufacturing)  time 3.0 days  Move time 2.5 days \begin{array}{lr}\text { From time order is placed to time order received by manufacturing } & 10.0 \text { days } \\\text { From time order is received by manufacturing to time production begins } & 5.0 \text { days } \\\text { Inspection time } & 1.5 \text { days } \\\text { Process (manufacturing) time } & 3.0 \text { days } \\\text { Move time } & 2.5 \text { days }\end{array} What is the processing cycle efficiency (PCE) for this order (rounded to one decimal point, e.g., 34.721% = 34.7%) ?


Definitions:

Psychodynamic

Refers to a psychological approach that emphasizes the systematic study of the psychological forces that underlie human behavior, feelings, and emotions and how they might relate to early experience.

Cognitive-Behavioral

Concerns a method of treatment focused on correcting ineffectual feelings, behaviors, and beliefs via a purposeful, structured approach.

Conversion Disorder

A psychiatric disorder characterized by the occurrence of physical symptoms that suggest a medical condition, but which are not fully explained by a medical diagnosis, the effects of substances, or other mental disorders.

Somatic Symptom Disorders

Disorders characterized by an excessive focus on physical symptoms, such as pain or fatigue, that cause significant distress or impairment.

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