1. For a typical order, assume the following times (in hours): storage time (in between processes), 5.0; inspection time, 1.0; move time (from process to process), 2.0; and manufacturing (processing) time, 8.0. Given this information, what is the manufacturing cycle efficiency?
2. (Appendix): Solidtronic, Inc., an OEM manufacturer, has a product specification of 75 +/- 5. The cost for warranty services is estimated as $500 per unit. What is the value of k, the cost coefficient, in the Taguchi loss function?