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Midwest Rocks Receives and Produces an Order

question 96

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Midwest Rocks receives and produces an order.What is the company's value-added time assuming the following times were measured during production of this order?
Process time: .7 days Inspection time: .25 days Move time: 1.05 days Wait time: .5 days


Definitions:

Mercedes

A German global automobile marque known for luxury vehicles, buses, coaches, and trucks.

Income

Regularly received financial returns from participation in work or through the investment of capital.

Buicks

A brand of automobiles produced by the American automotive manufacturer General Motors (GM), known for its range of sedans, SUVs, and crossovers.

Income

The flow of money that one earns from their profession or by making investments, typically received at predetermined intervals.

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