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

question 115

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 will the percentage idleness be of the production line that uses the minimum number of workstations?

• A)10%
• B)5%
• C)3%
• D)1%
• E)0%

Master the final steps in the filing process and the importance of storage.

Identify the essential features and considerations for storing files and choosing storage facilities.

Grasping guidelines for arranging files in alphabetical order.

Recognizing the criteria for considering files as inactive.

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Definitions:

Credit Sales

Transactions where goods or services are provided to a customer with the agreement that payment will be made at a future date.

Non-Growth Firm

A business that does not expect to increase its revenue or expand its market share significantly over time.

Cash Positions

The amount of cash or cash-equivalents that a company or individual has available at any given time.

Aversion To Risk

Risk aversion is the preference to avoid uncertainty.