JIT Systems' Manufacturing Efficiency Ratio

question 12

Essay

JIT systems' manufacturing efficiency ratio
Methodical Corporation is considering the implementation of a JIT inventory system.The company recently analyzed its cycle time to determine the average number of days spent in each activity of its production process.A summary of the analysis is shown below: (a)Methodical's value-added production activities include: ________________________.
(b)Methodical's total cycle time is __________ days.
(c)Methodical's manufacturing efficiency ratio is __________%.
(d)Which activities might be reduced or eliminated should Methodical implement a JIT system?

---

Definitions:

Clowns

Entertainers who perform comical acts, using makeup and exaggerated expressions to amuse an audience; traditionally associated with circuses, parties, and theatrical performances.

Operational Definition

A specific, concrete method of measuring or manipulating a conceptual variable.

Ethical Issue

A situation that requires a person or organization to choose between alternatives that must be evaluated as right (ethical) or wrong (unethical).

Human Subjects

Individuals who participate in research studies, whose rights and welfare are protected by ethical guidelines.