MAT 510 Week 3 Homework Assignment 3

MAT510 Homework Assignment 3 Strayer

Due in Week 3 and worth 30 points

The following data consists of the actual time used and potential (the best time possible for this review process) to complete each step in the review process. The actual times are based on the review of 30 projects. The potential times are subjective engineering judgment estimates.

Table: Basic Data Review for Construction Project Equipment Arrangement

			Cycle Time (hours)
Step	Description	Actual	Potential	Difference
1	Read basic data package	4	4	—
2	Write, type, proof, sign, copy, and distribute cover letter	21.9	0.5	21.4
3	Queue	40	0	40
4	Lead engineer calls key people to schedule meeting	4	0.25	3.75
5	Write, type, proof, sign, copy, and distribute confirmation letter	25.4	2.1	23.3
6	Hold meeting; develop path forward and concerns	4	4	—
7	Project leader and specialist develop missing information	12	12	—
8	Determine plant preferred vendors	12	12	—
9	Review notes from meeting	12	12	—
10	Resolve open issues	106	104	2
11	Write, type, proof, sign, copy, and distribute basic data acceptance letter	26.5	0.25	26.25
	Totals	267.8	151.1	116.7

Use the data in the table above and answer the following questions in the space provided below:

1. 1.     What are the sources of value-added and non-value-added work in this process?


2. 2.     Where are the main opportunities to improve the cycle time of this process, with respect to both actual time used and the potential best times? What strategy would you use?


3. 3.     Step 10: Resolve Open Issues required 104 hours (potential) versus 106 hours (actual). Is there an OFI here? Why or why not? If so, how would you attack it?


4. 4.     What do you think are the most difficult critical issues to deal with when designing a sound cycle time study such as this one?

Course Home Work aims to provide quality study notes and tutorials to the students of MAT 510 Week 3 Homework Assignment 3 in order to ace their studies.

Course Home Work – Best Home Work Tutorials

MAT 510 Week 3 Homework Assignment 3

Course Home Work, MAT 510 Week 3 Homework Assignment 3, Home Work Tutorials, Home Work Solutions, Home Work Essay, Home Work Questions.ACC 565 Wk 7 Assignment 3, ACC403 week 2 assignment, ACC565 Week 10, ACCT 212 (Financial Accounting),  ACCT 344 (Entire Course) – Devry, ACCT 344 Final Exam Latest 2014 – Devry,  ACCT 346 (Managerial Accounting), ACCT 346 Midterm Exam Updated DeVry, ACCT 504, ACCT 504 Week 8, ACCT 553, ART 101 Week 8, Ashford BUS 401, ASHFORD BUS 640, Ashford HIS 204, ASHFORD MAT 222 Week 3, BA 215 (Business Statistics), BA 215 All Assignments Week 1 -8 – Grantham, BA 225, BA 260, BA 265 (Business Law II), BA 265 (Business Law II) FINAL EXAM, BA 340 All Course Assignments, BA 340 Human Resource, BA 370 (Employment Law), BA 405 Multinational Management, BA 470 Week 3 – 5 – 6 – 7, BA 470 Entrepreneurship, BA350 Principles Of Finance, BIS 155 Final Exam – DeVry, BIS 220 Final Exam, BSOP 429, BSOP 434 Entire Course – Devry, BUS 303 Week 2, BUS 303 Week 3, BUS 303 Week 5, BUS 311 Business Law, BUS 330 Week 1, BUS 330 Week 3, BUS 330 Week 5, BUS 401 Week 4 DQ 1, BUS 401 Week 4 DQ 2, BUS 402 WEEK 4, BUS 405 (Principles of Investment), BUS 475, BUS 475 Final Exam 100 MCQS, BUS 475 Final Exam 600 MCQS, BUS 599 (STRAYER), BUS 599 Assignment, BUS 620 Week 4, BUS 640 Week 1, BUS499 Asignment 4, BUS508 Asignment 1, BUS499 Assignment 3.

MAT 510 Week 3 Homework Assignment 3