Availabletime for work(min)×100%Utilization=420min480min×100%=87.5%Efficiency Standard work time produced=7.10min×58=411.8minWork time = 420 min
12Running Head: Business and ManagementEfficiency=Standard worktime producework time×100Efficiency=411.8min420min×100=98.05%Productivity productivity=Standard work time producedavailabletime for work×100productivity=411.8480×100=85.79%The owner will be satisfied. ReferencesDell, M., & Fredman, C. (2018).Direct from Dell: Strategies that revolutionized an industry. SAGE Publications.
13Running Head: Business and ManagementShankar, C., & Bellefroid, V. (2011).Microsoft Dynamics Sure Step 2010. Packt Publishing Ltd.Rouse, M. (2019). Microsoft Dynamics 365.Alhuraish, I., Robledo, C., & Kobi, A. (2017). A comparative exploration of lean manufacturing and six sigmas in terms of their critical success factors. Journal of cleaner production, 164, 325-337.
You've reached the end of your free preview.
Want to read all 13 pages?
- Summer '18
- Brett Gordon
- Supply Chain Management, Business and Management, Microsoft Dynamics, international American company
