How do lead time calculations help companies make decisions?
250 words.
Using the attached Excel template, complete and upload Ex 12-6 and answer the following question:
- How do lead time calculations help companies make decisions?
Ex. 26(12)-6
| Exercise 26(12)-6 | |||||||||||||||||||||||||||||||
| Name: | 0 | ||||||||||||||||||||||||||||||
| Section: | # N-box Incorrects due to blanks COUNTIF(B15:AT24," ") | ||||||||||||||||||||||||||||||
| 30 | |||||||||||||||||||||||||||||||
| Score: | 0% | # N-box +B-box corrects COUNTIF(B15:AT24," ") | |||||||||||||||||||||||||||||
| 0 | |||||||||||||||||||||||||||||||
| Key Code: | [Key code here] | Total SUM(AD13:AD15) | |||||||||||||||||||||||||||||
| Instructions | 30 | ||||||||||||||||||||||||||||||
| Answers are entered in the cells with gray backgrounds. | Percentage =(AD16-AD13-AD14)/AD16 | ||||||||||||||||||||||||||||||
| Cells with non-gray backgrounds are protected and cannot be edited. | 0% | ||||||||||||||||||||||||||||||
| An asterisk (*) will appear to the right of an incorrect entry. | Notes: | ||||||||||||||||||||||||||||||
| Enter a zero in cells you would otherwise leave blank. | If number-entry box is blank (this would be an incorrect answer for N-boxes), error check returns two spaces, " " | ||||||||||||||||||||||||||||||
| If number-entry or blank-entry box is incorrect, returns "*" | |||||||||||||||||||||||||||||||
| If number-entry or blank-entry box is correct, returns single space, " " | |||||||||||||||||||||||||||||||
| Traditional Philosophy | |||||||||||||||||||||||||||||||
| Value-Added | Non-Value- | Total | |||||||||||||||||||||||||||||
| Time | Added Time | Time | |||||||||||||||||||||||||||||
| Value-added time | |||||||||||||||||||||||||||||||
| Within batch wait time | |||||||||||||||||||||||||||||||
| Move time | |||||||||||||||||||||||||||||||
| Total | |||||||||||||||||||||||||||||||
| Value-Added Time / Total Time = Value-Added Ratio | |||||||||||||||||||||||||||||||
| Lean Manufacturing Philosophy | |||||||||||||||||||||||||||||||
| Value-Added | Non-Value- | Total | |||||||||||||||||||||||||||||
| Time | Added Time | Time | |||||||||||||||||||||||||||||
| Value-added time | Peggy Hussey: Milling and finishing time per part | Peggy Hussey: Milling and finishing time per part | |||||||||||||||||||||||||||||
| Within batch wait time | Peggy Hussey: Multiply the process time by the remaining units in the batch (waiting their turn). | Peggy Hussey: Multiply the process time by the remaining units in the batch (waiting their turn). | |||||||||||||||||||||||||||||
| Move time | |||||||||||||||||||||||||||||||
| Total | |||||||||||||||||||||||||||||||
| Value-Added Time / Total Time = Value-Added Ratio | |||||||||||||||||||||||||||||||
Sol
| Exercise 26(12)-6 | ||||||||||||
| Name: | Solution | |||||||||||
| Section: | ||||||||||||
| Score: | ON | |||||||||||
| Instructions | ||||||||||||
| Answers are entered in the cells with gray backgrounds. | ||||||||||||
| Cells with non-gray backgrounds are protected and cannot be edited. | ||||||||||||
| An asterisk (*) will appear to the right of an incorrect entry. | ||||||||||||
| Enter a zero in cells you would otherwise leave blank. | ||||||||||||
| Traditional Philosophy | ||||||||||||
| Value-Added | Non-Value- | Total | ||||||||||
| Time | Added Time | Time | ||||||||||
| Value-added time | 12 Peggy Hussey: Milling and finishing time per part |
– | 12 | |||||||||
| Within batch wait time | – | 348 Peggy Hussey: Multiply the process time by the remaining units in the batch (waiting their turn). |
348 | |||||||||
| Move time | – | 5 | 5 | |||||||||
| Total | 12 | 353 | 365 | |||||||||
| Value-Added Time / Total Time = Value-Added Ratio | ||||||||||||
| 12 | 365 | 3.3% | ||||||||||
| Lean Manufacturing Philosophy | ||||||||||||
| Value-Added | Non-Value- | Total | ||||||||||
| Time | Added Time | Time | ||||||||||
| Value-added time | 12 Peggy Hussey: Milling and finishing time per part |
Peggy Hussey: Milling and finishing time per part | – | 12 | ||||||||
| Within batch wait time | – | 36 Peggy Hussey: Multiply the process time by the remaining units in the batch (waiting their turn). |
Peggy Hussey: Multiply the process time by the remaining units in the batch (waiting their turn). | 36 | ||||||||
| Move time | – | – | – | |||||||||
| Total | 12 | 36 | 48 | |||||||||
| Value-Added Time / Total Time = Value-Added Ratio | ||||||||||||
| 12 | 48 | 25.0% | ||||||||||
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