Naner Corporation is trying to determine how long it takes for one product to pass through the production process. The following information was gathered regarding how many days the product spent in various production activities:
Activity Number of days
Inspection 5
Storage 6
Assembly 3
Handling 2
Painting 3
Packaging 1
A-Which of the above activities are value added?
B-What is Nanner's total cycle time?
C-Determine Nanner's manufacturing efficiency ratio?
D-If Nanner implements a total quality management program and a just in time inventory system which of the above activities could be eliminated? What would be the change in Nanner's manufacturing efficieny ratio?
Could you please show how you came up with the calculations for the answer? I must show that when submitting this assignment.