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An assembly line with 11 tasks is to be balanced.The longest task is 2.4 minutes,the shortest task is 0.4 minutes,and the sum of the task times is 18 minutes.The line will operate for 600 minutes per day.
(a)Determine the minimum and maximum cycle times.
(b)What range of output is theoretically possible for the line?
(c)What is the minimum number of stations needed if the maximum output rate is to be sought?
(d)What cycle time will provide an output rate of 200 units per day?
Salvage Value
The anticipated end-of-service-life residual value of an asset.
Discount Rate
The interest rate used in discounted cash flow analysis to determine the present value of future cash flows, reflecting the investment's risk and the time value of money.
Net Present Value
A financial metric that calculates the difference between the present value of cash inflows and outflows over a period of time, used for assessing the profitability of investments.
Annual Net
The collective net amount or result, typically pertaining to earnings, income, or profit, achieved or calculated over one year.
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