A corporation is trying to determine how long it takes for oneproduct to pass through the production process. The followinginformation was gathered regarding how many days the product spentin various production activites:
Activity Number of days
Inspection.......................................... 5
Storage.............................................. 6
Assemby............................................ 3
Handling............................................. 2
Painting.............................................. 3
Packing............................................... 1
Question:
Determine the company's manufacturing effeciencyratio.
If the company implements a total quality managemnetprogram and a just-in-time system, which of t