The Maker of the World-Famous Widget Needs to Design a Product

question 66

Multiple Choice

The maker of the world-famous Widget needs to design a product layout for a new product,the amazing "Thatsit".The company plans to use this new production line eight hours a day in order to meet projected demand of 1,440 units per day.The following table describes the tasks involved in the production of a "Thatsit". For output to equal projected demand,what is the theoretical minimum number of workstations needed?

• A)6
• B)4.5
• C)3
• D)2.7
• E)2

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Definitions:

Securities

Instruments of finance that denote a share in a company available on the public stock exchange, an obligation owed to investors by governments or businesses (bonds), or the assignment of ownership via options.

Investment Banks

Financial institutions that provide various services including underwriting, acting as intermediaries in mergers and acquisitions, and facilitating securities trading.

Direct Transfer

A method of moving funds or assets from one account or entity directly to another without any intermediaries.

Newly Issue Securities

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