Simkin corporation keeps careful track of the time required to fill orders. data concerning a particular order appear below: hourswait time 20.6process time 1.9inspection time 0.1move time 2.7queue time 4.8the manufacturing cycle efficiency (mce) was closest to: a) 0.46b) 0.06c) 0.20d) 0.19

C) 0.20

Explanation:

We know that,

Process time  = Manufacturing cycle efficiency (MCE) × average throughput time  

where,

Average throughput time  = Process time + Inspection time + Move time + Queue time

= 1.9 + 0.1 + 2.7 + 4.8

= 9.5

And, the process time would be 1.9

Now put these values to the above formula  

So, the efficiency would equal to

1.9 =  Manufacturing cycle efficiency (MCE) × 9.5

So, Manufacturing cycle efficiency (MCE) would be 0.20

answer; i believe the correct answer is (treasury bills);

a

explanation:

i know