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Hiawatha Hydrant Company manufactures fire hydrants in Oswego, New York. The following information pertains to operations during May. Processing time (average per batch) Inspection time (average per batch) Waiting time (average per batch) Move time (average per batch) Units per batch 4.40 hours 0.35 hour 0.35 hour 0.35 hour 21 units Required: 1. Compute the manufacturing cycle efficiency. (Do not round intermediate calculations. Round your final answer to the nearest whole percent.) 2. Compute the manufacturing cycle time. (Do not round intermediate calculations. Round your final answer to 2 decimal places.) 3. Compute the velocity. (Do not round intermediate calculations. Round your final answer to 2 decimal places.) 1. Manufacturing cycle efficiency 2. Manufacturing cycle time 3. Velocity % hour per unit units per hour

Hiawatha Hydrant Company manufactures fire hydrants in Oswego, New York. The following information pertains to operations during May. Processing time (average per batch) Inspection time (average per batch) Waiting time (average per batch) Move time (average per batch) Units per batch 4.40 hours 0.35 hour 0.35 hour 0.35 hour 21 units Required: 1. Compute the manufacturing cycle efficiency. (Do not round intermediate calculations. Round your final answer to the nearest whole percent.) 2. Compute the manufacturing cycle time. (Do not round intermediate calculations. Round your final answer to 2 decimal places.) 3. Compute the velocity. (Do not round intermediate calculations. Round your final answer to 2 decimal places.) 1. Manufacturing cycle efficiency 2. Manufacturing cycle time 3. Velocity % hour per unit units per hour

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Hiawatha Hydrant Company manufactures fire hydrants in Oswego, New York. The following information pertains to operations during May. Processing time (average per batch) Inspection time (average per batch) Waiting time (average per batch) Move time (average per batch) Units per batch 4.40 hours 0.35 hour 0.35 hour 0.35 hour 21 units Required: 1. Compute the manufacturing cycle efficiency. (Do not round intermediate calculations. Round your final answer to the nearest whole percent.) 2. Compute the manufacturing cycle time. (Do not round intermediate calculations. Round your final answer to 2 decimal places.) 3. Compute the velocity. (Do not round intermediate calculations. Round your final answer to 2 decimal places.) 1. Manufacturing cycle efficiency 2. Manufacturing cycle time 3. Velocity % hour per unit units per hour
Transcribed Image Text:Hiawatha Hydrant Company manufactures fire hydrants in Oswego, New York. The following information pertains to operations during May. Processing time (average per batch) Inspection time (average per batch) Waiting time (average per batch) Move time (average per batch) Units per batch 4.40 hours 0.35 hour 0.35 hour 0.35 hour 21 units Required: 1. Compute the manufacturing cycle efficiency. (Do not round intermediate calculations. Round your final answer to the nearest whole percent.) 2. Compute the manufacturing cycle time. (Do not round intermediate calculations. Round your final answer to 2 decimal places.) 3. Compute the velocity. (Do not round intermediate calculations. Round your final answer to 2 decimal places.) 1. Manufacturing cycle efficiency 2. Manufacturing cycle time 3. Velocity % hour per unit units per hour
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