Indy Company has the following data for one of its manufacturing plants: Maximum units produced in a quarter (3-month period): 250,000 units
Actual units produced in a quarter (3-month period): 204,000 units
Productive hours in one quarter: 25,000 hours
Actual cycle time: 7.35 minutes
Theoretical cycle time: 6 minutes
Required:
1. Calculate the amount of processing time and the amount of nonprocessing time. If required, round your answers to two decimal places.
Processing time minutes
Nonprocessing time minutes
2. Calculate the MCE. If required, round your answer to nearest whole number. %

1. Processing time:

Processing time = Theoretical time

Processing time is there for 6 minutes

Non processing time = Actual cycle time - processing time

= 7.35 - 6

= 1.35 minutes

2. Manufacturing Cycle Efficiency (MCE):

= Processing time / Actual cycle time

= 6 / 7.35

= 81.6%

being born in poverty would limit the people's chances, opportunities and benefits.

this happen because of several things, such as:

- poor people tend to gain less access to good education and nutrition. this mean that their chance to obtain high paying jobs would also be limited.

- poor people tend to socialize with other poor people while the rich tend to socialize with other rich people. this means that simply throguh their social circle, rich people would have more business opportunities compared to the poor people.

- rich people tend to have more capital in their disposal. this would benefit them in business since it is far easier for them to fund their business operation compared to poor people.